Asymptotic theory for the estimation of nonlinear vector error correction models that exhibit regime-specific short-run dynamics is developed. In particular, regimes ...

Political scientists often argue that political processes move together in the long run. Examples include partisanship and government approval, conflict and cooperation among countries, public policy ...

The use of stress testing for risk monitoring has increased considerably over the last decade. Stress testing - a simulation technique used to assess the strength of a portfolio or a financial ...

Mid- to senior-level officials involved in developing forecasts that are used in the design and implementation of macroeconomic policy. This course, presented by the IMF's Institute for Capacity ...