CIMS Summer Course on DSGE Modelling
- When?
- Monday 9 September 2013 to Friday 13 September 2013
- Where?
- Faculty of Business Economics and Law University of Surrey, Guildford, GU 2 7XH
- Open to:
- Staff, Public
- Admission price:
- See details below
Model Construction, Estimation and Use of DSGE Macroeconomic Models. September 9-13, 2013, University of Surrey. A Dynare-Based Summer Course.
The Centre for International Macroeconomic Studies (CIMS) in the School of Economics will hold a 5-day Summer course, 9th-13th September, 2013 on the construction and estimation of Dynamic Stochastic General Equilibrium (DSGE) macroeconomic models, and their use for policy analysis. The material will cover the underlying theory proceeding in steps from the Real Business Cycle Model through to a medium-sized New Keynesian Model with financial frictions. It will also cover the theoretical basis for Bayesian Estimation and Computational Methods.
The course will be delivered in two parts. Part I which will be on the 9th and 10th September will concentrate on the basic construction of DSGE models and the estimation of the linearized New Keynesian Model in a Dynare environment. It is designed for those without any experience of setting up DSGE models in Dynare.
Part II which will be from 11th – 13th September will focus on intermediate and advanced topics. Participants who have attended previous courses given by CIMS, or are experienced DSGE modellers and users of Dynare, will be able to enrol for only Part II.
To whom the course is addressed
• Researchers and practitioners working at central banks as well as other private and public institutions interested in DSGE modelling.
• Academics and PhD students who want to extend their knowledge of DSGE modelling.
Entry Requirements
To be considered for admission of Part I, applicants must have:
• Background in Economics
• Working knowledge of English
• Basic Knowledge of Matlab and programming
To be considered for admission of Part II, applicants must have:
• Strong knowledge of DSGE modelling.
• Experience in programming in Matlab and Dynare.
Applicants that have attended previous courses by CIMS can also apply only for part II.
Fees
The fees for academics and PhD students are: £300 for Part I and £400 for Part II and we are offering a special rate of £600 for the five days. For participants from central banks, ministries or the private sector the fees are £600 for Part I and £800 for Part II. (£1200 for the five days). Lunch, coffee, course notes and model software is included in this cost.
Course Outline
Full details of the 5-day course, the instructors you will meet, reading and software that will be used plus a breakdown of each day's activities can be found in the document below:
Deadline and Admission Process
The deadline for application is the 14th of June but we do encourage interested people to apply as soon as possible as the places will be allocated using a rolling selection process. Once your application has been revised you will receive an email offering you a place and applicants will have 2 weeks to pay the full fees balance to secure their place.
The University of Surrey offers accommodation on campus at competitive rates. This must be booked separately from the course. Please note that places on the course and for accommodation are on a first come first serve basis.
The course outline and application form can be downloaded from CIMS website at www.surrey.ac.uk/cimssummercourse
Should your require any further information or for enquiries please contact Dr. Cristiano Cantore: c.cantore@surrey.ac.uk
Venue
University of Surrey
Accommodation
A number of rooms have been reserved on campus for delegates. These rooms are a mix of single ensuite and single rooms with shared facilities, these rooms need to be booked separately to the booking of the course and will be allocated on a first come first serve basis. If you would prefer to stay in a local hotel please use the below link for more information, or feel free to contact Natalie on cims@surrey.ac.uk if you would like any advice on places to stay in Guildford.
