This hands-on workshop focuses on the process of building and operating small-scale structural macroeconomic models and satellite models for forecasting in central banks. The programme will involve both presentations providing the theoretical background of the topics covered and computer training enabling direct application of the methodologies previously covered.

DURATION

5 Days

WHO SHOULD ATTEND?

Economists with a reasonable technical background in macroeconomic modeling and forecasting or junior economists whose duties involve/will involve modeling and forecasting.

LEARNING OBJECTIVES

• Introduce participants to Macroeconomic Modeling and Forecasting concepts

• Assess the key insights from best practice international modelling, and recent policy applications

• Explain and assess the relative roles of deterministic and stochastic macroeconomic models, and their steady state and dynamic properties

• Display a sound appreciation of the roles of macroeconomic and structural models in forecasting, projection and policy processes

TOPICS TO BE COVERED

• Introduction to Macroeconomic Modeling and Forecasting

• Work with data and stylized facts, country specific features

• Forward-looking models, endogenous monetary policy

• Impulse response analysis

• Kalman filtering

• Model testing

• Forecasting and incorporation of judgment

• Decomposition of the aggregate forecast

• Automation

• Scenario analysis, uncertainty

• Near-term forecasting methods

• Fiscal, monetary and foreign trade forecasting

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Tailor-Made Training

This training can also be customized for your institution upon request to a minimum of 4 participants. You can have it delivered in our training center or at a convenient location.

How to participate

Tailor make your course.

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Frequently asked Questions (FAQ’s)

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For further inquiries, please contact us on Tel: +254 715 077 817, +254 (020) 211 3814, +254 731240802, +254 735331020.

Email [email protected]

ACCOMMODATION

Accommodation is arranged upon request. For reservations contact the Training Officer.

Email: [email protected].

Mob: +254 715 077 817

Tel: 020 211 3814

PAYMENT

Payment should be transferred to IRES account through bank on or before C.O.B 04th December 2017.

Send proof of payment to [email protected]

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Indepth Research Services (IRES) is a global institutional capacity building, technical and management consultancy firm with its head office in Nairobi, Kenya.

IRES offers technical and management consultancy services as well as education and training services designed for individuals’ and groups from organizations working in public, not for profit and private sectors.

IRES Kenya has identified itself with a niche market that largely comprises of Government ministries, departments and agencies (MDA’s) and UN agencies, Non-Governmental Organizations, from Africa, Europe, Asia, Middle-East and the Caribbean. We have also served academic institutions, international research organizations, financial institutions and private companies from across the globe. As at 2018 we offer our services in more than 15 locations globally.

Our technical and management consultancy services are in the areas of Agriculture, Education, Energy, Oil and gas, Health, Environment and natural resources, ICT for development, spatial planning, Governance, Management and leadership, communication, transport, revenue management, marketing development and environment among others.
Our education and training services are aimed helping individuals improve their professional knowledge, competence, skill, and effectiveness and enable the institutions to get the best out of their workforce. This is achieved through conducting high impact professional diploma and certificate courses, short courses, conferences, workshops and seminars. ...

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