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.

2013  2014  Courses Seminars

Economics Training Program

2014 Courses
Econometrics of Continuous Time Finance with Application in Matlab,Ait-Sahalia,Yacine
Banking AnalysisAndrews,A. Michael
Fiscal Policy and MacroeconomicsAuerbach,Alan J.
Monetary Policy Analysis (MPA)Baldini,Alfredo
Panel Data AnalysisBaltagi,Badi H.
Econometrics for Macroeconomists Using StataBaum,Christopher F.
Structural Vector AutoregressionsBrandao Marques,Luis
Solving, Estimating, and Evaluating Dynamic Stochastic General Equilibrium (DSGE) ModelsCanova,Fabio
Formulation, Estimation, and Policy Analysis with DSGE Models and Financial FrictionsChristiano,Lawrence J.
Credit Risk ModelingDas,Sanjiv Ranjan
Forecasting in Finance and Macroeconomics, and Their InterfaceDiebold,Francis X.
Combination ForecastsDudine,Paolo
Fixed Income and Credit MarketsGiesecke,Kay
External Adjustment, Global Imbalances, and Global LiquidityGourinchas,Pierre-Olivier
Yield Curves: Models, Interpretations, and Practical ApplicationsKaminska,Iryna
Macroeconomic Models with Financial FrictionsKiyotaki,Nobuhiro
Measuring Systemic Risk in the Finance and Insurance SectorsLo,Andrew
Combination ForecastsLuna,Francesco
Basic Econometrics Using EViewsMartin,Vance
Volatility Modeling Using EViewsMartin,Vance
Factor Models in EViewsMartin,Vance
Macroeconometric Modeling and Forecasting Using EViewsMcNown,Robert F.
Bayesian VARsMedina,Juan Pablo
Economic/Financial NetworksMinoiu,Camelia
External Vulnerability in Developing CountriesMontiel,Peter J.
Current Issues in Open Economy MacroeconomicsObstfeld,Maurice
Introduction to Nonstationary Macro Panel Data TechniquesPedroni,Peter
Bayesian VARsRabanal,Pau
Structural Vector AutoregressionsRestrepo,Jorge
Exchange Rate EconomicsSarno,Lucio
Bayesian Inference for Time SeriesSchorfheide,Frank
Introduction to Financial EconometricsTsay,Ruey S.
Financial Markets and the MacroeconomyUhlig,Harald
Modern Monetary EconomicsWalsh,Carl
Understanding Bank Financial Statements: An IntroductionWalsh,Eamonn
2014 Seminars
Repo Markets and Systemic RiskAcharya,Viral V.
Inclusive GrowthAghion,Philippe
Identity and MacroeconomicsAkerlof,George
What is Systemic Risk and What Should Be Done About It?Allen,Franklin
Labor Unions and UnemploymentAlvarez,Fernando
When is Bank Stress Testing Useful?Alvarez,Fernando
Asset Pricing and Market IntegrationBekaert,Geert
The Macroeconomics of Uncertainty and VolatilityBloom,Nicholas
Financial Crises: Challenges to Monetary Theory and PolicyCalvo,Guillermo
Financial RegulationCooley,Thomas F.
Economic Development and InequalityDeaton,Angus
Structural UnemploymentDiamond,Peter
Foreign Exchange InterventionDominguez,Kathryn
Politics of Economic ReformsDrazen,Allan
Islamic FinanceEl-Gamal,Mahmoud Amin
Fiscal Unions and Fiscal Policy in Currency UnionsFarhi,Emmanuel
New Monetary Policy Questions: How Should We Think about "Unconventional" Monetary Policy?Friedman,Benjamin
Federal Reserve's Exit Strategy: Preparing for Rate Hikes and Restoring Control over Short-Term Interest RatesGapen,Michael Timothy
TBDGorton,Gary B.
Inclusive GrowthKaboski,Joseph
Oil and MacroeconomyKilian,Lutz
Corruption in Developing CountriesOlken,Benjamin
Estimating the Effects of Government Spending: A Guide for PractitionersRamey,Valerie A.
Jobless RecoveriesRogerson,Richard
Trade Agreements, Incomplete Contracts, and OffshoringStaiger,Robert W.
What Do We Know About the Determinants of Bank Performance During the Crisis?Stulz,Rene
Growth, Foreign Aid, and GlobalizationSubramanian,Arvind
Fiscal Policy and the Business CycleVegh,Carlos A.