Macroeconomic Modeling for Open Economies 1

This learning initiative will explore dynamic stochastic general equilibrium (DSGE) models as essential tools for assessing the macroeconomic impact of monetary and fiscal policy and structural reforms. Brief theoretic lectures will be combined with practical exercises with real data, using appropriate econometric software. Target audience: macroeconomic and research departments from ministries of finance, central banks engaged in econometric modeling and independent fiscal institutions / fiscal councils.