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.

Economics Training Program
2017 Courses
TitleLecturer
Growth Policy DesignAghion,Philippe
Panel Data AnalysisBaltagi,Badi H.
Econometrics for Macroeconomists Using StataBaum,Christopher F.
Specifying, Solving, and Estimating DSGE Models: An IntroductionCanova,Fabio
Advanced Topics in the Estimation of DSGE ModelsCanova,Fabio
Macrofinancial Linkages, Systemic Risk, and Macroprudential PolicyChan-Lau,Jorge Antonio
Monetary Policy Analysis and Forecasting (MPAF)Choi,Woon Gyu
Formulation, Estimation, and Policy Analysis with DSGE ModelsChristiano,Lawrence J.
Financial Markets, Growth, and Information in Asset PricingCosimano,Thomas F.
Quantitative Methods in BankingDas,Sanjiv Ranjan
Macrofinancial Linkages, Systemic Risk, and Macroprudential PolicyDe Nicolo,Gianni
Financial Markets, Growth, and Information in Asset PricingFullenkamp,Connel
Bayesian VARSGonzalez Gomez,Andres
Macroeconomic Diagnostics (MDS)Hasanov,Fuad
Macroeconomic Models with Financial FrictionsKiyotaki,Nobuhiro
Understanding and Fighting CorruptionKlitgaard,Robert
Macrofinancial Linkages, Systemic Risk, and Macroprudential PolicyKodres,Laura Ellen
Economics for Non-EconomistsLoungani,Prakash N.
Inclusive Growth and the IMF: An Introduction for Non-EconomistsLoungani,Prakash N.
Macroeconometric Modeling and Forecasting Using EViewsMcNown,Robert F.
Macro-Prudential Policy Modeling for Open EconomiesMendoza,Enrique
External Vulnerability in Developing CountriesMontiel,Peter J.
Capital Flows ManagementMontiel,Peter J.
Introduction to Nonstationary Macro Panel Data TechniquesPedroni,Peter
Estimating the Effects of Government Macroeconomic Policies: A Guide for PractitionersRamey,Valerie A.
Bayesian VARSRestrepo,Jorge
Exchange Rate EconomicsSarno,Lucio
Modern Monetary EconomicsWalsh,Carl
Foundations of BankingWalsh,Eamonn

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Economics Training Program
2017 Seminars
TitleLecturer
Dynamics of Firms from the Bottom Up: Data, Theories, and ModelsAxtell,Robert L.
Immigration EconomicsBorjas,George J.
Open Forum - The Globalization of InequalityBourguignon,Francois
Awakening Helicopter Money?Buiter,Willem H.
Complexity and the Art of Public PolicyColander,David C.
GMM and Recent Developments in Likelihood MethodsDonald,Stephen G.
Power Laws in Economics and FinanceGabaix,Xavier
Education and Economic OutcomesHanushek,Eric A.
Boulevard of Broken Dreams: How Public Policy Can Spur EntrepreneurshipLerner,Josh
Sectoral Productivity Gaps and Labor Reallocation in LICsMiguel,Edward
Global Inequality: Methodology, Empirics, and Policy ImplicationsMilanovic,Branko L.
Gaining Currency: The Rise of the RenminbiPrasad,Eswar S.
Online Market Price Setting: Cross-Border Pass-Through and Policy ImplicationsRigobon,Roberto
Open Forum - Seeking Virtuous Business Models for ProsperityStout,Lynn A.