Hong Kong Institute for Monetary Research and CCBS of Bank of England
Joint HKIMR/CCBS Workshop on " Advanced Modelling for Monetary Policy in the Asian-Pacific Region"
10 May 2004 (Monday) - 14 May 2004 (Friday)
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Programme
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| 10 May 13:30 - 15:30 |
Estimation of monetary policy models I: Structuring modelling
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| 10 May 15:30 - 16:30 |
Exercise on estimating model equations
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| 11 May 09:00 - 10:30 |
Important components of structural models: Supply side modelling & New Keynesian Phillips curves
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| 11 May 11:00 - 12:30 |
The IS curve in a macro model
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| 11 May 13:30 - 15:00 |
Estimation of monetary policy models II: Rational expectations and ECMs
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| 11 May 15:30 - 17:00 |
Exercises on individal models
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| 12 May 09:00 - 10:30 |
Building & simulating economic models in Winsolve (1)
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| 12 May 09:00 - 10:30 |
Building & simulating economic models in Winsolve (2)
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| 12 May 11:00 - 12:30 |
Exercise on simulating models and understanding shocks (1)
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| 12 May 11:00 - 12:30 |
Exercise on simulating models and understanding shocks (2)
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| 12 May 13:30 - 15:00 |
Uncertainty: The role of stochastic simulation and the fanchart
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| 12 May 15:30 - 17:00 |
Exercise on fanchart
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| 13 May 09:00 - 10:30 |
Forecasting with an economic model: The role of adjustments
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| 13 May 11:00 - 12:30 |
Model exercises (1)
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| 13 May 11:00 - 12:30 |
Model exercises (2)
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| 13 May 13:30 - 15:00 |
Dynamic Stochastic General Equilibrium (DSGE) models and the policy program
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| 13 May 15:30 - 17:00 |
Policy exercise
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| 14 May 09:00 - 10:30 |
Multivariate methods (1)
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| 14 May 09:00 - 10:30 |
Multivariate methods (2)
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| 14 May 09:00 - 10:30 |
Multivariate methods (3)
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