{
  "title": "Nowcasting (NWC)",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/nwcce26-09",
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  "summary": "Nowcasting Training Program Target Audience Junior and middle-level officials from ministries of finance, central banks, and other interested public institutions.",
  "publishDate": "2025-10-15",
  "sections": [
    {
      "heading": "Training Program Overview",
      "content": "- Session No.: CE 26.09\n- Location: Rabat, Morocco\n- Date: February 2-13, 2026 (2 weeks)\n- Delivery Method: In-person Training\n- Primary Language: English\n- Status: Deadline passed\n- Organizer: Institute for Capacity Development, IMF"
    },
    {
      "heading": "Target Audience and Qualifications",
      "content": "- Target Audience:\n  - Junior and middle-level officials from ministries of finance, central banks, and other interested public institutions.\n- Qualifications:\n  - Advanced degree in economics or equivalent experience.\n  - Basic understanding of time-series econometrics.\n  - Comfortable using EViews (econometric software package).\n  - Strongly recommended: completion of a few general macroeconomic courses, such as Macroeconomic Forecasting and Analysis (MFA) or Macroeconomic Diagnostic (MDS), face-to-face or online."
    },
    {
      "heading": "Course Description",
      "content": "- The course, presented by the Institute for Capacity Development, provides participants with cutting-edge nowcasting tools that:\n  - Familiarize participants with the concepts and methods to incorporate high-frequency economic indicators into the forecasting process.\n  - Integrate this training into technical assistance on data compilation and dissemination.\n- Pedagogy:\n  - Each topic is complemented by hands-on workshops and assignments designed to illuminate the steps required to formulate a nowcasting model and generate a nowcast."
    },
    {
      "heading": "Course Objectives",
      "content": "Upon completion of this course, participants should be able to:\n- Understand and be proficient in the steps required to manage time-series data in EViews, estimate an OLS regression, and calculate its associated forecasts in EViews.\n- Formulate several useful statistical procedures in EViews, including consolidation of time series from higher to lower frequencies; interpolation techniques; seasonal adjustment; and use of leading indicators.\n- Identify appropriate high-frequency indicators and non-traditional data useful for nowcasting macroeconomic variables and prepare them for use in a nowcasting exercise.\n- Formulate and estimate nowcasting models using several approaches (such as Bridge, MIDAS, and U-MIDAS estimators, etc.).\n- Generate a nowcast from the base regression and consolidate competing forecasts using combination forecasts.\n- Evaluate the accuracy of the nowcast using several forecasting performance indicators.\n- Apply the nowcasting tools to their own country data and interpret the nowcast appropriately in policymaking settings."
    },
    {
      "heading": "Additional Note",
      "content": "- IMF offers online training to government officials and the public. Click Learn more to find our current offerings."
    }
  ],
  "bullets": [
    "Session No.: CE 26.09",
    "Location: Rabat, Morocco",
    "Date: February 2-13, 2026 (2 weeks)",
    "Delivery Method: In-person Training",
    "Primary Language: English",
    "Status: Deadline passed",
    "Organizer: Institute for Capacity Development, IMF",
    "Target Audience:",
    "Qualifications:",
    "The course, presented by the Institute for Capacity Development, provides participants with cutting-edge nowcasting tools that:",
    "Pedagogy:",
    "Understand and be proficient in the steps required to manage time-series data in EViews, estimate an OLS regression, and calculate its associated forecasts in EViews.",
    "Formulate several useful statistical procedures in EViews, including consolidation of time series from higher to lower frequencies; interpolation techniques; seasonal adjustment; and use of leading indicators.",
    "Identify appropriate high-frequency indicators and non-traditional data useful for nowcasting macroeconomic variables and prepare them for use in a nowcasting exercise.",
    "Formulate and estimate nowcasting models using several approaches (such as Bridge, MIDAS, and U-MIDAS estimators, etc.).",
    "Generate a nowcast from the base regression and consolidate competing forecasts using combination forecasts.",
    "Evaluate the accuracy of the nowcast using several forecasting performance indicators.",
    "Apply the nowcasting tools to their own country data and interpret the nowcast appropriately in policymaking settings.",
    "IMF offers online training to government officials and the public. Click Learn more to find our current offerings."
  ],
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  },
  "generatedAtUtc": "2026-09-29T17:02:06.782Z"
}