This event will analyse the stricter definition of eligible capital and capital buffers as indicated in Basel III and the use of the leverage ratio as a backstop to additional capital requirements. Specific topics will include the following: - determination of firm capital requirements; -...

The event will combine lectures on introductory econometric theory with a heavy focus on practical exercises on each topic. Classical and Bayesian methods will be used where appropriate. The following topics are likely to be covered: - time-series econometrics: unit roots and cointegration; - an...

This three-day seminar introduces participants to some of the key related concepts and shows how they can be studied in a dynamic stochastic general equilibrium setup. To build an understanding of the implications of financial frictions for business cycle fluctuations and monetary policy,...

Topics: - lessons and challenges for monetary policy; - how did inflation targeting and other frameworks perform in the crisis? - unconventional monetary policy; - modelling and forecasting in an era of crises; - combining monetary policy and financial stability objectives; and - communicating...

Topics: - role of asset prices in the setting of monetary policy instruments; - impact of monetary and financial instruments on the real economy; - the role of financial markets in the generation of business cycles; - monetary transmission mechanism in times of financial disruption; - the extent...

This event will provide an overview of liquidity forecasting techniques and how a central bank should respond to the differing challenges of a surplus or a shortage of liquidity. The following key topics are likely to be covered: - an analysis of the central bank’s balance sheet, including...

This two-week seminar aims to improve participants’ understanding of current modelling strategies and forecasting techniques. The event is a combination of lectures on the theory and methods of policy analysis and design, practical problems in modelling and forecasting and computer-based...

The topics covered in the seminar will fit within the following broad themes: - the various models of the financial regulatory architecture, including the ‘twin peaks’ model adopted for future financial regulation in the United Kingdom; - the benefits and challenges in delivering a more...

This forum provides an opportunity for senior human resource (HR) practitioners to work with others in the field on a number of issues which central banks face. The event will be structured to allow a mixture of external input, sharing of ideas and expertise, co-coaching and problem solving. It...

This event is an introduction to some of the techniques in Bayesian econometrics which can be useful for modelling and forecasting in central banks. It will provide an overview of the theory and then focus on practical implementation through computer-based exercises. The seminar will be taught...