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Centre for Central Banking Studies, Bank of England

Dates:
April 29-May 03, 2013
Description:
Introduction to modelling for central bankers - Centre for Central Banking Studies
Location:
London, United Kingdom
Subject:
This one-week seminar will introduce central bankers to economic modelling techniques for monetary policy purposes by reviewing various modelling approaches: theoretical models of the dynamic stochastic general equilibrium type and estimated time-series models, including (semi) structural equation models and vector autoregressions. Practical exercises will follow theoretical sessions to provide some hands-on experience in estimating and manipulating these models. Topics: - basic optimisation techniques; - model microfoundations; - basic models of the business cycle; - simple solution methods; - univariate (long-run) modelling and cointegration; - construction and estimation of small multivariate econometric models; and - model evaluation and policy analysis using estimated models. [gem?_?? den Informationen des Anbieters - according to site editor's information]
Notes:
JEL Code:
C
Sponsor:
URL:
http://www.bankofengland.co.uk/education/Pages/ccbs/events/events.aspx

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