{
  "title": "Macroeconometric Forecasting and Analysis (MFA)",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2024/mfahq24-05",
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  "summary": "Macroeconometric Forecasting and Analysis Training Program Target Audience Government officials involved in developing macro-econometric models and forecasting for the analysis, design, and implementation of macroeconomic policy.",
  "publishDate": "2024-11-19",
  "sections": [
    {
      "heading": "Target audience and qualifications",
      "content": "- Target audience:\n  - Government officials involved in developing macro-econometric models and forecasting for the analysis, design, and implementation of macroeconomic policy.\n- Qualifications:\n  - Advanced degree in economics or eq. experience and a background in econometrics.\n  - Applicants should feel comfortable using EViews for econometric applications.\n  - Strongly recommended to have completed the online Macroeconometric Forecasting (MFx) course."
    },
    {
      "heading": "Course description and pedagogy",
      "content": "- Purpose:\n  - To give government officials a rigorous foundation in the estimation of macro-econometric models and their application for nowcasting, forecasting, and policy analysis in central banks, ministries, and public research institutions.\n- Topics and methods:\n  - Univariate and multivariate econometric time series models.\n  - State-space models.\n  - Nowcasting techniques including Factor, BRIDGE, and MIDAS models.\n- Instructional format:\n  - Each topic includes a lecture discussing the underlying theory and a workshop with applications using EViews.\n  - Participants work in groups on hands-on estimation and forecasting exercises.\n- Software:\n  - EViews is the primary econometric package used for applications and workshops."
    },
    {
      "heading": "Course objectives",
      "content": "- Upon completion, participants should be able to:\n  - Identify the foundations, characteristics and limitations for a number of econometric model specifications.\n  - Use EViews software to apply modeling techniques that enhance the policy analysis and forecasting capabilities in their institutions.\n  - Apply the techniques learned to country cases from their region to forecast and analyze a policy issue.\n  - Apply appropriate tools available in the EViews econometric package to their own work or research and that of other countries."
    }
  ],
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  "generatedAtUtc": "2026-09-29T17:08:34.144Z"
}