## Quantitative Integrated Policy Analysis Model, Estimation and Country Applications (QIPAM)

## Source details

**Canonical URL:** [Quantitative Integrated Policy Analysis Model, Estimation and Country Applications (QIPAM)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/st/2024/qipamst24-34)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/st/2024/qipamst24-34/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/st/2024/qipamst24-34/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/st/2024/qipamst24-34/bundle-manifest.json)

## Bibliographic details
- Session: ST 24.34
- Location: Singapore, Singapore
- Dates: July 15-19, 2024 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed

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### Program and Participation
- Training Program targeted at central bank economists or advanced PhD students interested in quantitative models for the Integrated Policy Framework and applying them in policy or academic work.
- Qualifications required: technically versatile PhD economists (or equivalent practical experience) with a strong interest in macroeconomic modelling.
- Programming knowledge helpful: Matlab/Octave or similar computer programs.

### Session Details
- Session No.: ST 24.34
- Deadline passed
- Location: Singapore, Singapore
- Date: July 15-19, 2024 (1 week)
- Delivery Method: In-person Training
- Primary Language: English

### Course Description
- Provides an overview of the Quantitative Model for the Integrated Policy Framework (QIPF) and its application to pressing policy questions.
- Discusses the model's theoretical underpinnings and relates them to key principles of current Fund advice, focusing on:
  - monetary policy tradeoffs;
  - the design of policies mitigating macroeconomic and financial instability, including the application of macroprudential policy tools.
- Emphasizes the interaction between:
  - interest rate,
  - FX interventions,
  - capital flow measures,
  - macroprudential policy tools.
- Demonstrates how estimation can be used to account for country-specific characteristics and how estimation outputs can be used to help interpret economic developments.
- Showcases applications using QIPF to build macroeconomic and financial crisis scenarios that provide quantitative answers to practical policy questions.

### Course Objectives
Upon completion of the course, participants should be able to:
- Understand the basics of monetary, exchange rate, and macroprudential policies in the quantitative DSGE models.
- Understand the transmission of various policy tools in the quantitative IPF model.
- Understand how to specify and design various policy scenarios in the quantitative IPF model.
- Be able to estimate and do scenario analysis with the quantitative IPF model in Dynare.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Investor Relations and Sovereign Bond Issuance (LCBM)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/lcbmsa26-44)
- [Fintech Market Development and Policy Implications (FINTECH)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/st/2026/fintechst26-23)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Tax Regional Workshop on Strategic Management](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/taxce26-43)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/st/2024/qipamst24-34_