An Advanced Course on the Science and Art of DSGE Modelling
The Essentials course covers basic building blocks of numerical analysis, their use in solving modern macroeconomic models and an introduction into model estimation. Participants use Matlab code to solve and analyse macroeconomic models.
Each day consists of lecture sessions and exercise sessions. Slides and codes are provided below.
Day 3: Parameterized Expectations Algorithm and Blanchard-Kahn conditions (Slides)
Day 4: Kalman filter & full information methods (Slides)
Day 5: Bayesian estimation (Slides)