Dynamic Stochastic General Equilibrium (DSGE) Modeling Using the GIMF Model for Policy Analysis
Participants will have the opportunity to explore the effects of a large variety of fiscal and monetary policies and policy instruments in national and global contexts.
Course objective:
Participants will
1) learn the economic theory underlying the GIMF model;
2) learn the basics of TROLL and FAME, the software platform used with GIMF;
3) work with 2- and 3-region versions of the GIMF model, so that they can calibrate it, and formulate and conduct policy experiments;
4) receive guidance on how to apply the GIMF model to their particular fiscal and monetary policy questions.