About this learning event

This learning initiative will be a continuation of the related 2021 online course and build on the skills and methods addressed in the first part of the course. Topics will address more complexities in dynamic stochastic general equilibrium (DSGE) models.

The online course will consist of 4 units.

• Unit 1: Financial frictions
• Unit 2: Forecasting with DSGE models
• Unit 3: Optimal policy mix in DSGE models
• Unit 4: Occasionally binding constraints and zero lower bound

 

During the course of the seminar, there will be webinars with lectures and presentations, meetings, where the lead-expert will present exercises and timeslots when the lead-expert will be available to participants to answer questions or advise them on the exercise if they get stuck or challenged on the way. In addition, through consultation sessions, you will have a chance to present your ongoing work and experience with DSGE modeling and receive feedback from instructors.

Who should attend

Finance officials from the CEF constituency countries and beyond are welcomed and strongly encouraged to apply. Invited will be those finance officials engaged in econometric modeling, who are working in macroeconomic and research departments in ministries of finance, central banks, fiscal councils, and other independent research institutes.

The course is designed for officials, who may have sufficient technical knowledge but often lack the practical know-how and skills to independently develop and use models in their working environments.

Faculty

The event will be delivered under the guidance of:

• Michel Juillard, Bank of France, Eurosystem
• Carlos Montes-Galdon, European Central Bank, Eurosystem
• Martin Železnik, National Bank of Slovakia, Eurosystem

Partners

This learning initiative was supported by: