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 Hands-on Macroprudential Modeling Workshop for Asian Region

We extend our gratitude to the Asian Development Bank (ADB) and the Bangko Sentral ng Pilipinas (BSP) for their generous hosting of the workshop. Group photo

Format

  • Lectures combined with hands-on simulation exercises

Content

  • General principles of macroprudential analysis using structural models, inherent difficulties, practical issues
  • Introduction to a practical macroprudential modeling:: basic overview, model blocks, key principles, use cases
  • Modeling macroprudential policies (capital-based policies, credit caps, LTVs,DSTIs), estimating costs and benefits of macroprudential policies
  • Role of macroprudential policy in smoothing financial cycle
  • Climate-related risks: classification, modeling, available resources
  • Data-based simulations: linking the model to data, top-down stress tests
  • Climate-related risk scenarios

Benefits

Participants received the following:

  • Complete modeling framework - equations, documentation, understanding of key transmission channels
  • Commented codes - model files, simulation files, data files, reporting files
  • Presentations

When, where

Dates: February 12 - 16, 2024, 5-day event

Place: Manila, Philippiness