Online Winter School on Advanced Macro-Modelling

This year’s Winter school will present courses on Applied Dynamic Programming and Global Solution Algorithm. It will then progress to the Heterogeneous Agents Model such as TANK and HANK and finish by showing how the models can be used to study optimal monetary policy, inequality, and optimal taxation. 

The course will be conducted using Microsoft Team Meeting platform. The university and the lecturers have extensive experience with online teaching and have state-of-the-art systems to do so as well as being able to deliver highly interactive lectures. All sessions will be recorded, though it is expected that participants attend them live, to enable interactions with the lecturers. 

The course is aimed at MSc, MRes and PhD students, early researchers, and research staff from central banks, ministries and the private sector, all with some prior experience of macroeconomic modelling and a basic knowledge of Matlab. No prior knowledge of Dynare is necessary. 

The course will cover the theoretical aspects of the techniques and is very hands-on as you will have carefully implemented exercises where you need 2 to modify parts of the codes. This will be done in the lectures, both in groups and with the help of the instructors. You will receive solutions to all exercises and will be provided with computer codes that you may then use in your own research.

The lectures will take place via Microsoft Teams, and participants will need to have installed Matlab in their computers for some of the practical sessions (download a 30-day free trial).