## Macroeconometric Forecasting and Analysis (MFA)

## Source details

**Canonical URL:** [Macroeconometric Forecasting and Analysis (MFA)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2024/mfajv24-08)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/jv/2024/mfajv24-08/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/jv/2024/mfajv24-08/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/jv/2024/mfajv24-08/bundle-manifest.json)

## Bibliographic details
- Session: JV 24.08
- Location: Vienna, Austria
- Dates: April 1-12, 2024 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed

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### Qualifications and prerequisites
- Participants are expected to have an advanced degree in economics or equivalent experience and background in econometrics.
- Participants should be comfortable using EViews for econometric applications.
- It is strongly recommended that applicants have completed the online Macroeconometric Forecasting (MFx) course.

### Course description and content
- Presented by the Institute for Capacity Development.
- Provides 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.
- Examines:
  - univariate and multivariate econometric time series models,
  - state-space models,
  - 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.

### Course objectives
- 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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## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2024/mfajv24-08_