Published 12/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 890.53 MB | Duration: 2h 19m
Dive into the world of DSGEs
What you'll learn
How to calibrate a simple DSGE model: The RBC model
How to estimate a simple DSGE model: The RBC Model
How to navigate Dynare-Matlab for working with DSGE Models
How to extend the RBC model by incorporating oil in the production function
Requirements
No Matlab-Dynare software knowledge required. You will learn the required commands in the course.
Knowledge of macroeconomics, statistics, and econometrics will be beneficial.
Basic knowledge of calculus will be needed as we will work with maximizing some functions. Don't panic! The maths involved are straightforward and I'll show you the steps.
Description
This course will teach you how to calibrate and estimate DSGE models in Matlab-Dynare. DSGE models are macro-microfounded models which focus on growth and business cycles. As the world of macroeconomics continues to evolve, Dynamic Stochastic General Equilibrium (DSGE) models are becoming increasingly popular. Yet getting familiar with DSGE models and the software Dynare without guidance can be challenging. Unfortunately, there aren't many didactic courses available to help individuals navigate this complex subject and those that do exist come with a hefty price tag (yes, thousands of dollars). It can be discouraging and overwhelming at times, but don't despair! I am here to tell you that help is available, and it doesn't have to cost you an arm and a leg.I have created this course specifically for individuals seeking guidance on this complex subject.In this course, I show you step by step how to manually solve a simple RBC model and then how to calibrate it in Dynare. No previous knowledge of the software is required! I will walk you through each part of the process...
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