Topics in Sovereign Debt and Default
Attendance dates:September 2022: 16
Time commitment: 1 day
- Centre for International Macroeconomic Studies
Given the spread of the Coronavirus and the difficulty in air travel we have decided to deliver the Summer school in an online format. This decision has been made to ensure the safety of our participants, our colleagues, and all those involved with the Summer School. The Summer School 2020 was also held online and it was very successful and enabled many participants to attend from all over the world without the need to travel.
The course will be conducted using Zoom 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. Though we will do our best to record all the sessions, we expect participants to attend them live to enable them to interact with lecturers and ask questions.
This course can also be taken as part of:
- Online Summer School on Macroeconomics and The Science and Art of DSGE Modelling (Advanced)
- Online Summer School on Macroeconomics and The Science and Art of DSGE Modelling (Foundation)
- Online Summer School on International Trade and Gravity Models
The lectures will take place via Zoom. Please note that all participants are required to have their own copy of Matlab since you will be using your own computers. You can download a 30-day free trial of the software beforehand.
This course will look at:
- Traditional sovereign debt model
- An introduction to quantitative sovereign default model
- Long term duration bond model
- Self-fulfilling debt model
- Quantitative properties of sovereign default models
- Sovereign debt restructurings
- Sovereign debt and fiscal policy.
Learning and teaching methods
You will be sent computer codes, lecture notes, and slides ahead of the course and will also receive direct assistance before the Summer School starts in order to set up all the systems ahead of the online events.
There will be opportunities to discuss your projects and research ideas. This will occur both informally during the virtual coffee breaks and virtual dinners, as well as formally during the conference. After the Summer School, lecturers will be available to answer questions and discuss your projects.
Applicants must have:
- A background in economics
- A working knowledge of English
- A knowledge of RBC and NK models.
Fees and funding
Price per person:
How to apply
Deadline for applications is 29 August 2022, but we encourage you to apply as soon as possible as the places will be allocated using a rolling selection process.
If your application is successful, you will receive an email offering you a place and you will have two weeks to pay the full fees balance to secure this.
Terms and conditions
When you accept an offer of a place at the University of Surrey, you are agreeing to comply with our policies and regulations and our terms and conditions. You are also confirming you have read and understood the University's prospective student privacy notice.
Further details of our terms and conditions will follow.
This online prospectus has been prepared and published in advance of the commencement of the course. The University of Surrey has used its reasonable efforts to ensure that the information is accurate at the time of publishing, but changes (for example to course content or additional costs) may occur given the interval between publishing and commencement of the course. It is therefore very important to check this website for any updates before you apply for a course with us. Read more.