Easter schools

We have been holding an Easter School on Stag Hill campus every year since April 2015.


The main goal of the course is to provide instructions on 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 PhD students, MSc or MRes students aiming to proceed to a PhD, early researchers and research staff from central banks, ministries and the private sector. We require participants to have some prior experience with macroeconomic models and dynamic optimization and a basic knowledge of Matlab, but no prior knowledge of Dynare is necessary.


The course is primary aimed at

  • 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.

We have had participants at our Easter and Summer Schools representing over 350 institutions from all over the world, including leading central banks and leading universities. The file below contains a short sample of these institutions and the folder below contains pictures taken during our Easter Schools.

Course contents

The course assumes a basic knowledge of Matlab programming. It starts with a brief summary of the basics of Dynare programming. Then it proceeds to the construction, simulation and estimation of a small open economy DSGE model with emerging economy features. The course finishes by showing how the estimated model can be used for policy analysis using monetary, fiscal and foreign exchange intervention instruments. The course material covers the underlying theory and the practicalities of using Dynare.

The table below contains links to the detailed programme of each year's Easter School.

Easter School



CIMS Easter School 2019

9-12 April 2019

View full programme (PDF)
CIMS Easter School 2018

16-18 April 2018

View full programme (PDF)

CIMS Easter School 2017

24-26 April 2017

View full programme (PDF)

CIMS Easter School 2016

13-15 April 2016

View full programme (PDF)

CIMS Easter School 2015

20-22 April 2015

View full programme (PDF)

One-day conference

As part of the CIMS Easter School 2019, we will hold a one-day conference on the last day of the course. All participants on the course are invited to submit a paper on some aspect of DSGE modelling. The organisers will select five or six papers to be presented in full with discussants, while the remaining submissions will be given the opportunity to be presented during our poster session. Keynote speakers of past conferences included Seppo HonkapohjaAlbert Marcet and Tommaso Monacelli.


The courses have been taught by the following instructors over the years:


Years taught

Cristiano Cantore

2017, 2018

Vasco Gabriel

2015, 2016, 2017, 2018, 2019

Paul Levine

2015, 2016, 2017, 2018, 2019

Maryam Mirfatah


Jonathan Swarbrick



All sessions of the course take place in the Austin Pierce building on our campus. All practical sessions are held in computer labs. We provide computers to all participants with Matlab and Dynare already installed and set up, but participants are also welcome to bring their own laptop. Course notes and model software are all included in the price of the course.

Austin Pearce Building exterior at night with lights in fountain


We provide a three course lunch for our participants every day in the on-campus Lakeside Restaurant.

Lakeside Restaurant interior

We also invite our participants to a course dinner, which traditionally takes place in Olivo.

Olivo restaurant


Our campus is located in Guildford in the Surrey Hills. Guildford is 35 minutes by train from London and can be reached by car from both Heathrow and Gatwick Airports in only 45 minutes. You can find more information on how to reach our campus here.

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

    580 Guildford High Street M

    Please see the Visit Surrey website for other options.

    Further information

    Should you require any further information or for enquiries please contact the CIMS team.

    A snapshot of Guildford and our campus

    Get a feel for what to expect to see when you visit us by browsing our gallery.