The workshop will provide an overview of the techniques and models used at Banca d’Italia for short- and medium-term forecasting, for the analysis of economic policy issues, and for counterfactual simulations. First, the quantitative tools in use at Banca d’Italia will be described; then the workshop will focus on the main applications of the econometric models that support some of our institutional activities, such as short- and medium-term forecasting, constructing risk scenarios, assessing the possible use of macroprudential policy tools, evaluating structural reform programs, and estimating the effects of alternative fiscal policies.
Workshop Macroeconomic Modelling and Forecasting
Rome, 10-11 December 2015