The three-day course will serve as an introduction to Dynamic Stochastic General Equilibrium (DSGE) macroeconomic modelling for MSc, MRES, PhD students and for researchers in Universities, Central Banks, Finance Ministries and the private sector. For those with some DSGE modelling experience it provides a specialized treatment of open and emerging economies.
The course covers the construction, calibration and estimation of Dynamic Stochastic General Equilibrium (DSGE) models for open emerging economies and their use for policy analysis. It is Dynare-based introductory course and assumes a basic knowledge of Matlab and a knowledge of dynamic optimization in macroeconomics.
It begins with the basics of Dynare and will then build up, in stages, from closed economy Real Business Cycle and New Keynesian models to the open economy with emerging economy features. The course will finish by showing how the models can be used to study policy using monetary, fiscal and foreign exchange intervention instruments.
Applicants are advised to book earlier as there will be a limit on the number enrolled. To apply, please complete the registration form.
Once your application has been submitted it will be reviewed by the course tutors. Please ensure that you provide all the necessary information to help us process your application as quickly as possible.
You will then receive an email notification to confirm whether or not you have been accepted onto the course.
For those that have been offered a place, you will receive the link to pay the tuition fee via a secure portal. Please note we require payment to secure your place, and you will have two weeks to pay the full balance to secure this.
Once payment has been received you will receive confirmation of your place on the course, and further information so you have everything you need.
On-site fees include breaks with coffee/tea/biscuits/fruit; lunch and a course dinner at the end of Day Three. Participants must meet their own travel and hotel costs.