Poster 2013Brochure 2013Photos w3: 2013_Tao_Zha.zipPhotos w4: 2003_E_Mendoza.zip

SPRING COURSES

Fabio Canova (EUI, ICREA Research Professor at UPF, and CEPR)

Time series methods

(April 2-5, 2013, 4 day course)

Topics covered:

  • VARs, BVARs and structural VARs.
  • Factor Models, FAVARs.
  • Panel Macro models, Panel VARs and Global VARs.
  • State Space models: Kalman filter and the Gibbs sampler.
  • Time-varying coefficient models and stochastic volatility.

Gianluca Benigno and Evi Pappa

(April 8-12, 2013, with no overleap)

Gianluca Benigno (London School of Economics)

Open economy macroeconomics(April 8-10, 2013)

Topics covered:

  • International Real Business Cycles
  • Exchange Rate Determination and Monetary Policy in Open Economy
  • Financial Crises and Policy Response
  • Reserve Accumulation and Growth

Evi Pappa(European University Institute)

Fiscal and Monetary policy (April 10-12, 2013)

Topics covered:

  • Empirics of fiscal shocks
  • Fiscal policy in RBC models and New Keynesian models
  • Fiscal policy in models with labor frictions
  • Fiscal mulipliers
  • Open economy fiscal models

SUMMER COURSES 

Tao Zha  (Federal Reserve Bank of Atlanta)

Markov switching VARs and DSGEs  (July 22-26, 2013)

(Organized jointly with the EABCN)

Topics covered:

  • Local and global identification of structural VARs and DSGE models.
  • General approach to a wide class of Markov-switching models.
  • Estimation of Markov-switching BVARs (MSBVARs).
  • Theory of Markov-switching rational expectation (MSRE) models.
  • Estimation of MSRE models.

Enrique Mendoza (University of Maryland and University of Pennsylvania)

Financial Frictions in International Macroeconomics

(July 29-August 2, 2013)

Topics covered:

  • Workhorse models of current account dynamics.
  • Real-business-cycle models of small open economies with incomplete markets.
  • Fisherian credit constraints, financial amplification and financial crises.
  • Macro-prudential policy.
  • Financial development and global imbalances.