IAOS-ISI 2024, Mexico City

IAOS-ISI 2024, Mexico City

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    • Nowcasting in Official Statistics

    Course content
    • Importance of nowcasting in official statistics.
    • A brief review of econometric time series.
    • Some data treatments and statistical tools in nowcasting.
    • Dynamic Factor Models and a nowcasting approach in official statistics.
    Learning outcomes
    • Learning about modern nowcasting techniques in the context of official statistics: advantages and limitations.
    Programming Language
    • R programming language.
    Target group
    • Staff of NSOs with some knowledge of time series and R.
    Course Schedule
    • Overview of nowcasting: purpose and difference with forecasting (30min).
    • Brief review of time series analysis, including main concepts as trend-cycle, seasonal, noise, stationarity, and non-stationarity (2h).
    • Nowcasting tools: seasonal adjustment, non-traditional information, partial least squares, ARIMA models, and cross-validation in time series (2.5h).
    • Nowcasting approach: Dynamic Factor Models and timely estimates of economic activity (3h).
    Instructors
    • Francisco Corona, INEGI.
    • René Benavidez, INEGI.
    • José Lecuanda, INEGI.
    How to register
    • All persons interested in taking part in the course are therefore kindly requested to send a letter of intent explaining the reasons for choosing this course. Make sure to include your contact information and relevant experience.
    • Please send your letter to: franciscoj.corona@inegi.org.mx

    For more details on registrations and submissions for the IAOS-ISI 2024, Mexico City, please first login to your account. If you do not have an account then you can create one below:

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