Regional seminar on « Macro-econometric Forecasting and Analysis »
Bank Al-Maghrib, jointly with the IMF’s Middle East Center for Economics and Finance (CEF), organizes a seminar on “Macro-econometric Forecasting and Analysis” on November 7-18, 2016 in Rabat.
This seminar aims to enhance participants’ skills in applying forecasting and macroeconomic modeling techniques using modern econometric tools. It will address the theoretical aspects of the issue and will also comprise demonstrations of empirical analyzes using the EViews software.
The main subjects to be dealt with are:
- Vector autoregressive and vector error-correction models (VAR and VECM);
- Structural vector autoregressive models (SVARs)
- Procedures for estimating and forecasting potential output/output gap;
- Model estimation and forecast preparation using the Kalman filter;
- Forecast combination;
- Model simulations;
- Combined forecasts.
The seminar, led by IMF experts in the form of workshops, simulation and practical exercises, will be attended by around forty participants, including 20 from central banks and governments of several Arab countries (Tunisia, Jordan, Oman, Kuwait, Palestine, Egypt, Algeria, Sudan) and about fifteen from Morocco (Bank Al-Maghrib, Ministry of Economy and Finance, and the High Commission for Planning).
