This two-week seminar aims to improve participants’ understanding of current modelling strategies and forecasting techniques. The following topics will be covered: - unit roots, cointegration and error-correction mechanisms; - techniques for modelling unobserved economic components,...

The Einaudi Institute for Economics and Finance (EIEF), the Bank of Italy, the Collaborative Research Center “Statistical Modelling of Nonlinear Dynamic Processes” (SFB 823) and the Deutsche Forschungsgemeinschaft (DFG) announce two international workshops, to be held in Rome September...

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 (DSGE) type and estimated time-series models, including (semi) structural...