Training Program
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Target Audience
Mid-level to senior officials responsible for monetary policy decision making and staff doing macroeconomic analysis and forecasting or operating macroeconomic models.
Mid-level to senior officials responsible for monetary policy decision making and staff doing macroeconomic analysis and forecasting or operating macroeconomic models.

Cancelled
Session No.: HQ 20.13
Location: Washington, D.C., United States
Date: June 1-12, 2020 (2 weeks)
Primary Language: English
Participants are expected to have an advanced degree in economics or equivalent experience. It is strongly recommended that applicants have completed the Monetary Policy (MP) course or the online Model-Based Monetary Policy Analysis and Forecasting (MPAFx) course. Participants are expected to be comfortable using quantitative software such as EViews and Matlab/Octave, although specific knowledge of these is not required.
This course, presented by the Institute for Capacity Development, provides rigorous training on the use of simple Dynamic New Keynesian (DNK) models to conduct monetary analysis and forecasting. It emphasizes analysis of monetary policy responses to macroeconomic imbalances and shocks. Participants are provided with the tools necessary to develop or extend the model to fit their own monetary policy framework. Country case studies are used to reinforce participant understanding and to help them compare and assess a variety of possible experiences.
Upon completion of this course, participants should be able to:
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English | August 31, 2026 - September 11, 2026 | In-person Training | Vienna, Austria
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English | August 17-21, 2026 | In-person Training | Dalian, China
Apply online by May 31, 2026