Macroeconometric Forecasting and Analysis

Source details

Training Program: Macroeconometric Forecasting and Analysis (MFA)
Session No.: CE 24.19
Deadline passed
Location: Rabat, Morocco
Date: September 23, 2024 - October 4, 2024 (2 weeks) New dates
Delivery Method: In-person Training
Primary Language: English
Target Audience:
- Government officials involved in the development of macro-econometric models for forecasting, analysis, and implementation of macroeconomic policy.

Expected background:
- Advanced degree in economics or equivalent experience and background in econometrics.
- Comfortable using EViews for econometric applications.
Recommendation:
- It is strongly recommended that applicants have completed the online Macroeconometric Forecasting (MFx) course.

Purpose:
- Provide government officials a rigorous foundation in estimating macro-econometric models and their application for nowcasting, forecasting, and policy analysis in central banks, ministries, and public research institutions.
Topics and methods covered:
- Univariate and multivariate econometric time series models.
- State-space models.
- Nowcasting techniques, including BRIDGE, MIDAS, and UMIDAS models.
Instructional format:
- Each topic includes a lecture on the underlying theory and a workshop with EViews applications.
- Participants work in groups on hands-on estimation and forecasting exercises.

Upon completion 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.