APOSTOLOS TSIRIVIS 3/27/2016

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My question is about the way LEAP takes into consideration historical data?I mean what is the difference between entering historical data for a variable and just entering an initial static value for our base year?

Taylor Binnington 4/4/2016
 

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Hi Apostolos,

Sorry for the late reply. LEAP's Current Accounts period can actually be used for a number of historical years. Including many years in Current Accounts can be a real advantage, because it gives you more statistical information from which to base projections in your baseline scenario.

In Basic Params: Scope & Scale, simply set the Base Year equal to any historical year you wish. Current Accounts will span the period between the Base Year and the First Scenario Year. During this time, you have access to all of LEAP's regular functions (i.e. Interp, Step, etc) with which you may enter historical data.

Hope this helps,

Taylor