Macroeconometric Forecasting and Analysis (MFA)
This course, presented by the Institute for Capacity Development, gives government officials a rigorous foundation estimating of macro-econometric models and their application for nowcasting, forecasting, and policy analysis in central banks, ministries, and public research institutions. The course examines univariate and multivariate econometric time series models, state-space models, and nowcasting techniques such as BRIDGE, MIDAS, and UMIDAS models. Each topic includes a lecture discussing the underlying theory and a workshop with EViews applications. Participants work in groups on hands-on estimation and forecasting exercises.
Target Audience
Government officials involved in the development of macro-econometric models for forecasting, analysis, and implementation of macroeconomic policy.
Qualifications
Participants are expected to have an advanced degree in economics or equivalent experience and background in econometrics. They should also be comfortable using EViews for econometric applications. It is strongly recommended that applicants have completed the online Macroeconometric Forecasting (MFx) course.
Course Objectives
Upon completion of this course, participants should be able to:
- Identify the foundations, characteristics, and limitations for several econometric model specifications.
- Use EViews software to apply modeling techniques that enhance their institutions' policy analysis and forecasting capabilities.
- Apply the techniques learned to country cases from their region to forecast and analyze a policy issue.
- Apply appropriate tools available in the EViews econometric package to their work or research and that of other countries.
Syllabus
Upcoming Offering
Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
---|---|---|---|---|---|---|
June 3, 2024 | June 14, 2024 | Suva, Republic of Fiji | In-person Training | OT 24.302 | English | Invitation |
July 8, 2024 | July 19, 2024 | Singapore, Singapore | In-person Training | ST 24.35 | English | Deadline passed |
September 23, 2024 | October 3, 2024 | Marrakech, Morocco | In-person Training | CE 24.16 | English | Apply online by August 16, 2024 |
November 4, 2024 | November 15, 2024 | Washington, D.C., United States | In-person Training | HQ 24.05 | English | Apply online by July 7, 2024 |
Financial Markets and Instruments (FMI)
English | August 19-30, 2024 | In-person Training | Vienna, Austria
Apply online by May 19, 2024
Debt Management, Debt Reporting, and Investor Relations (DMIRx)
English | April 30, 2024 - June 18, 2024 | Online Training | Course conducted online
Apply online by May 21, 2024
Macro-relevant Environment and Climate Change Statistics - Introductory Level
English | July 29-31, 2024 | In-person Training | Vienna, Austria
Apply online by May 22, 2024
Nowcasting (NWC)
English | July 1-12, 2024 | In-person Training | Ankara, Republic of Türkiye
Apply online by May 24, 2024