Denmark, Aarhus

Economic Modeling and Inference

when 13 August 2012 - 17 August 2012
duration 1 week
credits 5 EC
fee EUR 1

The course covers identification and estimation of stochastic dynamic programming models. Sources of error (measurement error, imperfect control, random utility) are treated. Issues of discrete versus continuous time, finite versus infinite horizon, and discrete versus continuous states and controls are considered. Applications are drawn from a variety of fields. Macroeconomic applications: DSGE models, production function estimation, consumption, labor demand and supply, asset pricing, time to build, time inconsistency of optimal plans, money. Department of Economics and Business.

Course leader

Bent Jesper Christensen, Aarhus University

Target group

Master (advanced)

Course aim

Please see website for further information.

Fee info

EUR 1: Please see website for further information: