Summer School: TOOLS FOR MACROECONOMISTS

THE ESSENTIALS - 19-23 JULY 2021

ADVANCED TOOLS - 26-30 JULY 2021

ABOUT THE COURSE

Professor Wouter den Haan (LSE), Petr Sedláček (Oxford) and Pontus Rendahl (Cambridge) will be teaching two intensive graduate level courses providing a combination of lectures and hands-on computer sessions. Participants will leave with an understanding of numerical methods and a portfolio of computer codes to implement them.

THE ESSENTIALS

Wouter den Haan and Petr Sedláček

This course covers basic building blocks of numerical analysis, their use in solving modern macroeconomic models and an introduction into model estimation.

Topics covered in the course are:

• Function approximation and numerical integration
• Perturbation and projection methods
• Kalman filter, Bayesian estimation and Markov Chain Monte Carlo methods

ADVANCED TOOLS

Wouter den Haan and Pontus Rendahl

This course teaches state-of-the-art methods for solving and analyzing advanced macroeconomic models and teaches participants how to resolve practical problems when implementing these tools.

Topics covered in the course are:

• Models with heterogenous agents
• Continuous time models
• Models with occasionally binding constraints

ESSENTIAL INFORMATION

Online (we’ll consider running the course in person if the situation allows it but it will definitely run online if not)

Fees

Student: £475 per course

Academic: £625 per course

Professional: £2,300 per course

Application

Apply here before 02 July 2021

All enquiries: summerschools@economics.ox.ac.uk