PIER Workshop on Quantitative Tools for Macroeconomic Policy Analysis

Tools Notice

The Workshop on Quantitative Tools for Macroeconomic Policy Analysis, of the Penn Institute for Economic Research, is a unique, week-long program that provides essential training on state-of-the-art quantitative tools for analyzing macroeconomic policy from the world’s leading experts at the University of Pennsylvania. The workshop consists of three course units, two distinguished guest lectures, the Penn Faculty Lecture, and a half-day workshop on public debt sustainability. Each course unit includes six hours of lectures plus three hours of applied lab work (including training in the use of computer algorithms). The courses cover nonlinear models of credit booms, financial crises and macroprudential; financial interconnectedness and macro monitoring and forecasting; and recent advances in DSGE model estimation and analysis of volatility shocks. The half-day workshop on public debt sustainability provides training on classic and frontier methods for quantifying sustainable public debt ratios, with applications to advanced and emerging economies. The program includes also two distinguished guest lectures and the Penn Faculty Distinguished Lecture.  The registration fee includes all the lectures, courses and materials, including access to a secured webpage with presentations, handouts and computer codes, as well as hotel accommodation and daily breakfast and lunch.

Highlights from Previous Workshops

The previous four Workshops included a combined total of 120 participants from around the globe, including economists from many central banks and government agencies (Argentina, Brazil, Canada, Chile, Colombia, Costa Rica, England, Finland, Italy, Japan, Korea, Mexico, New Zealand, Panama, Peru, Philippines, Spain, Sweden, the Board of Governors of the Federal Reserve and the Federal Reserve Banks of Atlanta, Cleveland, Dallas, San Francisco, and St. Louis), international organizations (BIS, CMCA, ECB, ESM, IDB, IMF, OECD, UN), and the financial and corporate sectors (Moody’s, SAP, Pondera Lab), as well as faculty and graduate students from various institutions (Berea College, Drexel, UNC Chapel Hill, Haifa, HKUST, Indiana, ITAM, Leuven, London Business School, Minnesota, Rutgers, UC Davis, UC Santa Cruz, Villanova, Virginia, CIDE-Mexico, Nazarbayev University). Click on the links in the left to see more details and picture galleries of the previous workshops.

Further information on the 5th Annual Policy Tools Workshop scheduled for May 2020 will be available in the fall of 2019.

Please contact pier@econ.upenn.edu with any questions about the Workshop