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Participation in the training course "Macroeconometric forecasting and analysis"


Participation in the training course "Macroeconometric forecasting and analysis"

From April 30 to May 11, 2018, the chief researcher of the CER, Khudaynazarov Ashurali, took part in the training course "Macroeconometric forecasting and analysis" conducted by the IMF Institute for Capacity Development at the Joint Vienna Institute (JVI) in Vienna, Austria.

This two-week course is intended for government officials involved in developing macroeconometric models and forecasting for the analysis, design, and implementation of macroeconomic policy. The goal of the course is to give government officials a rigorous foundation in the estimation of macroeconometric models and their application for forecasting and policy analysis in central banks, ministries, and public research institutions.

Upon completion of this course, participants should be able to:

• Identify the bases for a number of model specifications

• Use EViews software to apply modeling techniques to country data and replicate results from important published research papers

• Apply the techniques learned to country cases from their region to forecast and analyze a policy issue

• Apply appropriate tools available in the EViews econometric package, to their own work or research and that of other countries when they return home


For reference: The Joint Vienna Institute (JVI) is a regional training center established in 1992 by the Austrian authorities (represented by the Federal Ministry of Finance and the National Archives of Osterreichich), the International Monetary Fund and several other international organizations. Its task is to provide training for public and private sectors specialists from the countries in Central and Eastern Europe, the Baltic States and the Balkans, the countries of the Commonwealth of Independent States, countries in transition in Asia and other eligible countries making the transition to a market-based economy.