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Macroeconometric Forecasting and Analysis (MFA)

Macroeconometric Forecasting

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.

Read More Topic : General Macroeconomic Analysis

    Target Audience

    Government officials involved in the development of macro-econometric models for forecasting, analysis, and implementation of macroeconomic policy.

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    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.

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    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. 
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    Syllabus

    This two-week course aims at providing government and related officials a rigorous foundation in the estimation of macro-econometric models and their application for forecasting and policy analysis in central banks, ministries and public research institutions. Participants will work together in groups to undertake a number of hands-on estimation and forecasting exercises.
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    Upcoming Offering

    Start date End date Location Delivery Method Session No. Primary & (Interpretation) language Apply
    March 25, 2024 April 5, 2024 Ebene, Mauritius In-person Training AT 24.08 English (French, Portuguese) Deadline passed
    April 1, 2024 April 12, 2024 Vienna, Austria In-person Training JV 24.08 English Deadline passed
    April 15, 2024 April 26, 2024 Dalian, China In-person Training CT 24.01 English Invitation
    July 8, 2024 July 19, 2024 Singapore, Singapore In-person Training ST 24.35 English Apply online by April 30, 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
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    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and the public. Click Learn more to find our current offerings.

    Virtual : Projecting Public Debt and Fiscal Adjustment Paths (DDT tool) (PPDFAP)

    English (French) | April 1-12, 2024 | Virtual Training | Ebene, Mauritius

    Apply online by February 29, 2024

    Nowcasting (NWC)

    English | June 3-14, 2024 | In-person Training | Singapore, Singapore

    Apply online by February 29, 2024

    Nowcasting (NWC)

    English (French, Portuguese) | April 8-19, 2024 | In-person Training | Ebene, Mauritius

    Apply online by March 1, 2024

    Inclusive Growth (IG)

    English | June 3-14, 2024 | In-person Training | Vienna, Austria

    Apply online by March 3, 2024

    Exchange Rate Policy (ERP)

    English (Russian) | June 3-14, 2024 | In-person Training | Vienna, Austria

    Apply online by March 3, 2024