Easter School

MACROECONOMIC MODELLING FOR EMERGING OPEN ECONOMIES

 
When?
Monday 24 April 2017 to Wednesday 26 April 2017
Where?
Faculty of Arts and Social Sciences, University of Surrey, Guildford, GU 2 7XH
Open to:
Public, Staff, Students

Following highly successful Easter and Summer Schools in previous years, the Centre for International Macroeconomic Studies (CIMS) in the School of Economics, University of Surrey will hold a three-day Easter School from 24-26 April, 2017.  The deadline for application is 10 April 2017.

The Course provides a beginners’ introduction to the construction and estimation of Dynamic Stochastic General Equilibrium (DSGE) models for Emerging Open Economies and their use for policy analysis. It is Dynare-based and is aimed at early researchers with no experience of this software package. It will provide an excellent preparation for the “Foundations of DSGE Modelling” course held at the University of Surrey in the summer.

The course will be taught by Prof. Paul Levine and Dr Vasco Gabriel.

Course Contents

The Course will start with a summary of the basics of Matlab and Dynare programming. Then it will proceed to the construction, simulation and estimation of a small open economy DSGE model with emerging economy features. The Course will finish by showing how the estimated model can be used for policy analysis using monetary, fiscal and foreign exchange intervention instruments. The course material will cover the underlying theory and the practicalities of using Dynare.

CIMS Easter Course programme.

Who should attend this Easter School?

  • PhD students  and academics and who want to learn about DSGE modelling
  • Researchers and practitioners working at central banks, as well as at other private and public institutions who intend to construct or use DSGE models

Prices

The fees for academics and PhD students are: £400 for the 3-day course. For non-academic participants (from central banks, ministries or the private sector) the fees are £1000. Lunch, coffee, a course dinner on day 2, course notes and model software is included in this cost.  

Concessions are available for former attendees of CIMS DSGE Courses and those based at academic institutions in developing countries.

Software

The practical sessions will take place in computer labs with Dynare installed and set up to run in a Matlab platform.  For those wishing to use their own computers outside the sessions, it should be noted that Dynare is free software, but Matlab must be purchased.

Apply

The deadline for application is 10 April 2017, 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 reviewed, 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.

Please use our online application form.

Entry Requirements

To be considered for admission to the course applicants must have:

  • A background in macroeconomics with some knowledge of macro-modelling and dynamic optimization
  • A working knowledge of English

The deadline for application is 10 April 2017, 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 reviewed, 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.

Accommodation in Guildford

Guildford has a range of accommodation to suit a variety of budgets including:

Travelodge: http://www.travelodge.co.uk/hotels/287/Guildford-hotel

The Radisson Blu Edwardian: www.radissonblu-edwardian.com/surrey-hotel-gb-gu1-3da/gbguildf/home

The Holiday Inn: www.higuildfordhotel.co.uk/

Please see the Visit Surrey website for other options: www.visitsurrey.com/accommodation

Further Information

Should you require any further information or for enquiries please contact the CIMS team at cims@surrey.ac.uk.

Date:
Monday 24 April 2017
Time:

to Wednesday 26 April 2017


Where?
Faculty of Arts and Social Sciences, University of Surrey, Guildford, GU 2 7XH
Open to:
Public, Staff, Students

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