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- Centre for Central Banking Studies, Bank of England

Dates:May 09-13, 2011
Description:Introduction to modelling for central bankers - Centre for Central Banking Studies
Location:London, United Kingdom
Subject: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]
JEL Code:C
URL:https://www.bankofengland.co.uk/education/ccbs/events/events.aspx?X482320X=mSbMLg81XdvGdQqIhy0cJyhm4TWoQtYOedZMIaVJYR0uu7rsm9pqaQ==&Navigate=EventDetail&id=2464602&ReturnPath=EventSummaryBySubject