Teaching in Summer Semester 2021

Ph.D. Program Seminar
Macro-Financial Modeling and the Coronavirus Pandemic

Description:

The purpose of this seminar is to give advanced doctoral students a hands-on introduction to frontier research in structural macroeconomic analysis and the development and application of structural macroeconomic models. The seminar will consist of a combination of lectures, supervision of modeling projects, student presentations and group discussions with extensive feedback. Each project, which should ideally be pursued by a team of two students, will involve studying an existing macroeconomic model from the literature (a list of suggestions will be provided before the course starts). Students will then be guided in the development of a software implementation of the model in DYNARE with a policy application. At the end of the seminar, students should be able to start working on a dissertation project that involves structural macroeconomic modeling. Successful participation in this seminar is a precondition for the supervision of a dissertation at the chair.

Time and Location:

Meetings will be held in person or online via 'zoom'. The introductory meeting will take place on Monday, 12th of April, 11:00 am-12:00 noon. The detailed schedule of the seminar can be seen here.

Registration:

To register for the course, students need to send an e-mail to Alexander Dück (dueck[at]imfs-frankfurt[dot]de). Please include your matriculation number, student status, year of study and full name. Registration should take place as soon as possible. The maximum number of participants in the seminar for credit will need to be restricted to twelve. The maximum number of students participating in the seminar for credit will need to be restricted to twelve. In case of more registrations, the first twelve students who sent their contacts to Alexander Dück can take the seminar for credits. You also need to register with the GSEFM Office of Academic Records..

Requirements:

Students will be expected to give two short presentations for group feedback. The first presentation will explain the assigned paper from the literature and modeling project. It will take place in the middle of the semester. The second presentation, at the end of the semester, will report on the implemented model and policy applications. Grading will be based on presentations and model implementation.

 

Literature: