Institute for Capacity Development -
Internal Economics Training

  About the Program

The Institute for Capacity Development’s Internal Economics Training (IET) program provides training over a wide range of topics that are relevant for IMF economists. The objective of the program is to ensure that Fund economists at all levels stay at the forefront of the profession and remain current on the major issues of the day.

The program consists of courses (which run from two to five days) and seminars (typically half-day events) on topics in econometrics, economic theory, finance, monetary and exchange rate policy, open-economy macroeconomics, political economy, public economics, and trade. The popularity of the program has elicited a rapid expansion in the number of courses and seminars offered since the program’s inception. The Institute consults with economists from across the Fund in choosing the topics to be covered as well as the speakers to be invited, and it seeks feedback from participants in all the courses and seminars. The range of topics covered has broadened significantly in recent years, reflecting the increasingly complex and rapidly evolving environment which Fund economists operate.

The Institute invites some of the best-known scholars in their fields to the Fund to conduct the courses and seminars. Among these are recent recipients of the Nobel Prize in Economics, as well as the John Bates Clark Medal. Since 2000, country officials have also participated in selected week-long IET courses in various fields.

2014  2015  Courses Seminars

Economics Training Program

2015 Courses
Growth Policy DesignAghion,Philippe
Banking AnalysisAndrews,A. Michael
Elements of BankingAndrews,A. Michael
IFSB ManagementAyoub,Sherif
Panel Data AnalysisBaltagi,Badi H.
Econometrics for Macroeconomists Using StataBaum,Christopher F.
Solving, Estimating, and Evaluating Dynamic StochasticCanova,Fabio
Formulation, Estimation, and Policy Analysis with DSGE ModelsChristiano,Lawrence J.
Yield Curves: Models, Interpretations, and Practical ApplicationsCosimano,Thomas F.
Credit Risk ModelingDas,Sanjiv Ranjan
Measuring and Monitoring Network Connectedness in Financial MarketsDiebold,Francis X.
Political Economy Analysis in ActionDuncan,Alex
Bayesian VARsGonzalez Gomez,Andres
Structural Vector AutoregressionsGonzalez Gomez,Andres
Monetary Policy Analysis and Forecasting (MPAF)Karam,Philippe D
Understanding and Fighting CorruptionKlitgaard,Robert
Economics for Non-EconomistsLoungani,Prakash N.
Basic Econometrics Using EViewsMartin,Vance
Volatility Modeling Using EViewsMartin,Vance
Factor Model in EViewsMartin,Vance
Macroeconometric Modeling and Forecasting Using EViewsMcNown,Robert F.
Quantitative Models of Macroprudential PolicyMendoza,Enrique
External Vulnerability in Developing CountriesMontiel,Peter J.
Macroeconomic Diagnostics for Staff (MDS)Ouliaris,Sam
Working with Non-Stationary VariablesOuliaris,Sam
Macroeconomic Modeling with VARsPagan,Adrian
Measuring the Outpout Gap and Dating the Business CyclePagan,Adrian
Introduction to Nonstationary Macro Panel Data TechniquesPedroni,Peter
Bayesian VARsPopescu,Adina
Financial Reforms, Crises, and GrowthRanciere,Romain Gilles Charles
Working with Non-Stationary VariablesRestrepo,Jorge
Structural Vector AutoregressionsRestrepo,Jorge
Yield Curves: Models, Interpretations, and Practical ApplicationsRochon,Celine
Exchange Rate EconomicsSarno,Lucio
Financial Markets and the MacroeconomyUhlig,Harald
Modern Monetary EconomicsWalsh,Carl
Elements of BankingWalsh,Eamonn
Measuring and Monitoring Network Connectedness in Financial MarketsYilmaz,Kamil
Markov-Switching Dynamic Models for Policy AnalysisZha,Tao
2015 Seminars
Repo Markets and Systemic RiskAcharya,Viral V.
Reconciling Hayek's and Keynes' Views of RecessionsBeaudry,Paul
The FEDs Exit PolicyBrown,Seamus
Fragile by DesignCalomiris,Charles
DSGE Models: A User Guide for Policy MakersChristiano,Lawrence J.
The Sovereign Debt Crisis and the Future of the EurozoneDe Grauwe,Paul
PPPs, Papal Infallibility, and the Measurement of Global InequalityDeaton,Angus
Structural UnemploymentDiamond,Peter
Macroeconomics, the Liquidity Trap, and the Prospect of a Secular StagnationEggertsson,Gauti B.
Fiscal Policy in Currency UnionsFarhi,Emmanuel
Portfolio Flows and Exchange Rate DynamicsGabaix,Xavier
Dynamic Adverse Selection: Liquidity, Fire Sales, and Flight to QualityGuerrieri,Veronica
Open Forum -- The Current State of EconomicsKay,John A.
International Bank Capital Standards: Basel, Stress Tests, and Financial StabilityLevonian,Mark
Islamic FinanceLoundy,David J.
Islamic FinanceMcMillen,Michael J.T.
Estimating the Effects of Government Spending: A Guide for PractitionersRamey,Valerie A.
Can the Central Bank Alleviate Fiscal Burdens?Reis,Ricardo A.M.R.
The Billion Prices Project and its ApplicationsRigobon,Roberto
Political Institutions, Public Policy, and Economic GrowthRobinson,James
Understanding the Role of Collateral in Financial MarketsSingh,Manmohan
High Frequency Identification of Monetary Non-NeutralitySteinsson,Jon
Risk and FragilityTaleb,Nassim Nicholas
The Art and Science of Good ForecastingTetlock,Philip
Open Forum -- Ideological Capture in Economics and Public PolicyTett,Gillian
Open Forum -- The Shifts and the Shocks: What We've Learned-and Have Still to Learn-from the Financial CrisisWolf,Martin
The Limits of Inference without TheoryWolpin,Kenneth I.