Technical Cooperation Programme

National Bank of Kyrgyz Republic to NBP Economic Research Department

Date: 12-06-2019

Two representatives from the National Bank of the Kyrgyz Republic (NBKR) participated in the study visit which took place on 13-17 May 2019 at the NBP Head Office in Warsaw. The visit was the part of the technical cooperation provided by NBP to NBKR that has started last fall with the visit of NBP expert/director of research at the NBKR.

During the visit the topic of building a DSGE model for the Kyrgyz economy and its use in the forecasting process was discussed.

The event drew upon such issues as: matching model to the data, key elements in Bayesian estimation, as well as addressing modelling challenges related to Kyrgyz economy.

The NBP experts presented various aspects related to NBP experience in the development of macroeconomic models and their usage in forecasting procedure.

Narodowy Bank Polski thanks our guests for active participation and all NBP experts for their contribution.





 
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