EMF - Economic modelling and forecasting
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 exercises. The following topics will be covered: • unit roots, cointegration and error-correction mechanisms; • vector autoregressions (VARs), structural VARs and their identification, and recent extensions of VAR modelling, such as Bayesian VARs, factor-augmented VARs and DSGE-VARs; • Bayesian estimation; • techniques for modelling unobserved economic components, state-space models and the Kalman filter; • models of volatility and non-linearity; • bootstrapping and simulation; • panel data methods; • fancharts: statistical and computational issues; and • dynamic stochastic general equilibrium models. The event focuses on deriving and interpreting estimates of equations used to construct small models, which can then be applied to more disaggregate issues of monetary policy relevance. Econometric and modelling software such as EViews for estimation and WinSolve for model solution will be used extensively. [gemäß den Informationen des Anbieters - according to site editor's information] The website is no longer available.
|Event dates:||2010-11-29 – 2010-12-10|
|Organizers:||Bank of England, Centre for Central Banking Studies|
Ole Rummel and Francesco Zanetti
|Classification:||C0 - Mathematical and Quantitative Methods. General ; E5 - Monetary Policy, Central Banking and the Supply of Money and Credit|
|Event type:||Seminare, Summer Schools, Symposien, Workshops; Seminars, Summer Schools, Symposiums, Workshops|