Monetary Policy Analysis and Forecasting
- Learn about the macroeconomic motivation of the quarterly projection model (QPM), its key properties, model calibration, data filtration, an... mehr...
Learn about the macroeconomic motivation of the quarterly projection model (QPM), its key properties, model calibration, data filtration, and how to implement the QPM in MATLAB software in order to learn and understand practical model building and model operation as it is usually done in central banks.weniger
Hier kannst du der Eggheads Community deine Fragen zu diesem Kurs stellen. Auch Kursleiter können mitdiskutieren.
Du must angemeldet sein um zu antworten
- This online course, presented by the IMF's Institute for Capacity Development, introduces participants to quarterly projection macroeconomic models developed as a core of FPAS (Forecasting and Policy Analysis Systems) and how to implement the key canonical quarterly projection model (QPM) equations in a macroeconomic modeling software. This course uses detailed country data highlighting an inflation targeting central bank, for hands-on filtration and calibration exercises. The course covers two main technical aspects: introduction to a canonical New Keynesian model structure and its key properties; and implementation of the QPM in Matlab/Octave and the application of IRIS toolbox for solving and maintaining the QPM. Monetary Policy Analysis and Forecasting is offered by the IMF with financial support from the Government of Japan.
- USD 25