About the Program
The Institute for Capacity Development’s Internal Economics Training (IET) program provides training over a wide range of topics that are relevant for IMF economists. The objective of the program is to ensure that Fund economists at all levels stay at the forefront of the profession and remain current on the major issues of the day.
The program consists of courses (which run from two to five days) and seminars (typically half-day events) on topics in econometrics, economic theory, finance, monetary and exchange rate policy, open-economy macroeconomics, political economy, public economics, and trade. The popularity of the program has elicited a rapid expansion in the number of courses and seminars offered since the program’s inception. The Institute consults with economists from across the Fund in choosing the topics to be covered as well as the speakers to be invited, and it seeks feedback from participants in all the courses and seminars. The range of topics covered has broadened significantly in recent years, reflecting the increasingly complex and rapidly evolving environment which Fund economists operate.
The Institute invites some of the best-known scholars in their fields to the Fund to conduct the courses and seminars. Among these are recent recipients of the Nobel Prize in Economics, as well as the John Bates Clark Medal. Since 2000, country officials have also participated in selected week-long IET courses in various fields.
| Economics Training Program |
2019 Courses |
| Title | Lecturer |
| Growth Policy Design | Aghion,Philippe |
| Panel Data Analysis | Baltagi,Badi H. |
| Econometrics for Macroeconomists Using Stata | Baum,Christopher F. |
| Specifying, Solving, and Estimating DSGE Models: An Introduction | Canova,Fabio |
| Making a Miracle: Diversification and Growth Policies | Cherif,Reda |
| Formulation, Estimation, and Policy Analysis with DSGE Models | Christiano,Lawrence J. |
| Macroeconomic Diagnostics | Hasanov,Fuad |
| Making a Miracle: Diversification and Growth Policies | Hasanov,Fuad |
| Macroeconomic Models with Financial Frictions | Kiyotaki,Nobuhiro |
| Understanding and Fighting Corruption | Klitgaard,Robert |
| Macroeconomic Forecasting | Martin,Vance |
| Macroeconometric Modeling and Forecasting Using EViews | McNown,Robert F. |
| Macroprudential Policy Modeling for Open Economies | Mendoza,Enrique |
| Capital Flows Management | Montiel,Peter J. |
| Introduction to Nonstationary Macro Panel Data Techniques | Pedroni,Peter |
| Estimating the Effects of Government Macroeconomic Policies: A Guide for Practitioners | Ramey,Valerie A. |
| New Developments in Fiscal Policy | Reis,Ricardo A.M.R. |
| Exchange Rate Economics | Sarno,Lucio |
| Making a Miracle: Diversification and Growth Policies | Spar,Debora |
| Advanced Forecasting Methods | Timmermann,Allan |
| Governing the Market: The Political Economy of Development | Wade,Robert H. |
| Modern Monetary Economics | Walsh,Carl |
| DSGE Modeling with Applications to the Chinese Economy | Zha,Tao |
| Economics Training Program |
2019 Seminars |
| Title | Lecturer |
| Firms, Innovation, and Policies | Akcigit,Ufuk |
| Populism, Immigration, and Redistribution in the Age of Inequality | Cavaille,Charlotte |
| Macroeconomic Consequences of Remittances | Chami,Ralph |
| Sectoral Transformation of the Economy, Innovation and Labor Market Polarization | Comin,Diego A. |
| Machine Learning and Finance: Prediction and Measurement | Das,Sanmay |
| Foreign Exchange Management and Intervention | Dominguez,Kathryn M.E. |
| Open Forum - Good Economics for Hard Times | Duflo,Esther |
| Is Data the New Capital? | Farboodi,Maryam |
| The Shadow Banking System and The International Monetary System | Farhi,Emmanuel |
| The Complexity of Bank Holding Companies: A New Measurement Approach | Flood,Mark D. |
| The Economics of AI | Gans,Joshua S. |
| Intermediary Asset Pricing and Empirical Evidence | He,Zhiguo |
| Growth and Structural Transformation | Herrendorf,Berthold |
| Firms and International Development: Examples from Africa and Latin America | Hjort,Jonas |
| Diagnosing and Fixing Resource Misallocation | Hsieh,Chang-Tai |
| Global Firms, Trade, and Services | Jensen,J. Bradford |
| How Breakthrough Science Can Revive Economic Growth | Johnson,Simon |
| Growth Economics: Ideas, Talent, and AI | Jones,Charles I. |
| The Critical Role of Markets in Climate Change Adaptation | Kahn,Matthew |
| The Gift of Global Talent | Kerr,William R. |
| Designing Experiments for International Trade Research | Khandelwal,Amit K. |
| Law and Macroeconomics: Legal Remedies to Recessions | Listokin,Yair |
| Signaling Effects of Monetary Policy | Melosi,Leonardo |
| Institutions for Innovation: History and Policies | Moser,Petra |
| Lessons for EU Integration from U.S. History | Posen,Adam S. |
| Open Forum - The Third Pillar: How Markets and the State Leave the Community Behind | Rajan,Raghuram G. |
| Open Forum - A Crisis of Beliefs: Investor Psychology and Financial Fragility | Shleifer,Andrei |
| Post-Crisis Regulatory Reforms of Banking | Thakor,Anjan V. |
| Open Forum - Is Independent Central Banking a Threat to Constitutional Democracy, or Just a Diminished Institution? | Tucker,Paul |
| The Transmission of Commodity Price Super-Cycles | Urzua,Sergio S. |
| The Information Economy: Old Themes and New Directions in Macroeconomics and Finance | Veldkamp,Laura L. |
| The Effects of Quantitative Easing, and Long Run Correlates of Safe Real Rates | West,Kenneth D. |
| The Institutional Foundation of China's Financial System | Xiong,Wei |
| Rising Government Debt and What to Do About It | Yared,Pierre |
| How Twelve Great Economists Would Solve Today's Biggest Problems | Yueh,Linda |
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