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Technical Aspects of CNB’s Forecasting Process

Technical Aspects of CNB’s Forecasting Process. Hynek Hřebíček Macroeconomic Forecasting Division 4. 5. 2004. CNB’s Monetary Policy. Inflation targeting regime Macroeconomic Forecast Quarterly Projection Model. Software Requirements. Time Series & Database System Modelling Tools

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Technical Aspects of CNB’s Forecasting Process

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  1. Technical Aspects of CNB’s Forecasting Process Hynek Hřebíček Macroeconomic Forecasting Division 4. 5. 2004

  2. CNB’s Monetary Policy • Inflation targeting regime • Macroeconomic Forecast • Quarterly Projection Model

  3. Software Requirements • Time Series & Database System • Modelling Tools • Reporting tools

  4. MATLAB • Programming Language = flexible + robust • Advantages of Using Own System • IRIS • LATEX as a Reporting Tool • SIMMOD

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