Introduction to modelling for central bankers - Centre for Central Banking Studies
Models are essential in developing rigorous, coherent and robust frameworks for economic analysis, thinking and policymaking in central banks. This one-week seminar focuses on the basics of economic modelling with a combination of lectures on introductory modelling theory and practical exercises on the topic. The following topics are likely to be covered: • basic optimisation techniques; • model microfoundations; • basic models of the business cycle; • approximation techniques; • simple solution methods; • univariate (long-run) modelling: cointegration; • construction and estimation of small multivariate econometric models; • forward-looking models and dealing with expectations; and • model analysis and evaluation. [gemäß den Informationen des Anbieters - according to site editor's information] The website is no longer available.
|Event dates:||2011-05-09 – 2011-05-13|
|Organizer:||Centre for Central Banking Studies, Bank of England|
Ole Rummel and Francesco Zanetti
|Classification:||C0 - Mathematical and Quantitative Methods. General|
|Event type:||Seminare, Summer Schools, Symposien, Workshops; Seminars, Summer Schools, Symposiums, Workshops|