TARGET AUDIENCE | Mid-level to senior officials who use Dynamic Stochastic General Equilibrium (DSGE) models in the macroeconomic analysis of monetary and fiscal policy issues and have a strong interest in advanced modeling techniques.
QUALIFICATIONS | Participants are expected to have a background in economics, good quantitative skills, and a basic knowledge of MATLAB and Dynare.
COURSE DESCRIPTION | This course deals with building, using, and interpreting DSGE models. It introduces the participants to the models and techniques that central banks and ministries of finance commonly use in analyzing monetary and fiscal issues. The course devotes many lectures to model design and implementation issues and uses case studies relevant to emerging economies to illustrate how these models are applied and how they can contribute to the policymaking process. The course discusses the advantages and limitations of models when they are used for policy analysis and advice.
COURSE OBJECTIVES | Upon completion of this course, participants should be able to:
• Describe the models and techniques (simulation and estimation) that policy makers use in analyzing monetary, fiscal, and structural issues.
• Build a basic DSGE model from first principles using data for a country case in the region.
• Augment or modify the model structure to address an economic policy question.
• Apply the DSGE models developed in the course to various policy questions and interpret their results.
• Identify the advantages and limitations of the models when used for policy analysis and advice.
Начало:
Окончание: 11 сен
Язык(и): English
Организация-спонсор: IMF
Организационные вопросы
Крайний срок подачи заявки: 31 мая 2026 r.
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