Topics: - the econometric modelling and forecasting of inflation and growth in central banks; - mechanical, statistical, semi-structural and structural inflation forecasting models; - using a ‘suite’ of statistical and theoretical forecasting models; - tools for forecast evaluation and...

The aim of this workshop is to allow those responsible for the design and implementation of such policies to deepen their theoretical understanding of monetary operations and to compare and contrast experiences with their peers. Topics: - lessons learned from the financial crisis; - forms of...

This event aims to help participants use dynamic stochastic general equilibrium models to analyse monetary policy choices. Participants will learn methods needed to solve, estimate and analyse general equilibrium models under different assumptions about monetary policy and take part in practical...

This forum provides an opportunity for senior practitioners to work with others in the field on strategic issues affecting the supply and demand for banknotes. The event will focus on two or three topical issues — that have a longer-term horizon — bringing together relevant experts from a...

This event is an introduction to some of the techniques in Bayesian econometrics which can be useful for modelling and forecasting in central banks. It will provide an overview of the theory and then focus on practical implementation through computer-based exercises. The seminar will be taught...

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...

This one-week event will provide a rigorous overview of the foundations of empirical finance and an exposition of selected topics vital to central bank analysis. Topics: - the construction and analysis of yield curves and other term structures; - the use of option prices to infer probability...

In this seminar, we review how central banks, and the Bank of England in particular, discharge their financial stability and macroprudential policy functions. Topics: - the role of the Bank of England and its Financial Policy Committee in the new framework for financial stability; -...

This seminar considers the questions now confronting central banks: what lessons have we learned from the crisis? Is inflation targeting sufficient? What are the linkages between monetary policy and macroprudential policy, and between monetary and fiscal policy? Topics: - experience of inflation...

This event will provide an overview of liquidity forecasting techniques and how a central bank should respond to the differing challenges of a surplus or a shortage of liquidity. Topics: - an analysis of the central bank’s balance sheet, including currency in circulation, government balances...