Macroeconometric Forecasting and Analysis

Macroeconometric Forecasting and Analysis

This course offers a rigorous foundation in the estimation of macroeconometric models and their application for forecasting and policy analysis in central banks, ministries, and public research institutions. Participants will work together in groups to undertake a number of hands-on estimation and forecasting exercises. Participants are strongly recommended to complete the online Macroeconometric Forecasting (MFx) course prior to enrolling in this course.

Course Objectives: Upon completion of this course, participants should be able to: 

• Identify the underpinnings of a number of model specifications. 

• Use EViews software to apply modeling techniques to country data and replicate results from a variety of important published research papers. 

• Apply the techniques learned to country cases from their region to forecast and analyze a policy issue.

• Apply the appropriate econometric tools, implemented in the EViews econometric package, to their own country work or research, as well as to other countries’ work and research, when they return home.