Training Program
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Target Audience
Mid-level to senior officials who use Dynamic Stochastic General Equilibrium (DSGE) models in the macroeconomic analysis of monetary and fiscal policy issues.
Mid-level to senior officials who use Dynamic Stochastic General Equilibrium (DSGE) models in the macroeconomic analysis of monetary and fiscal policy issues.

Deadline passed
Session No.: JV 25.29
Location: Vienna, Austria
Date: September 29, 2025 - October 10, 2025 (2 weeks)
Delivery Method: In-person Training
Primary Language: English
Participants are expected to have an advanced degree in economics or equivalent experience, solid quantitative skills, and a basic knowledge of MATLAB/Octave and Dynare/Iris – specific knowledge of these is not required. It is recommended that applicants have completed the online Monetary Policy Analysis and Forecasting (MPAFx) course.
This course, presented by the Institute for Capacity Development, focuses on building, using, and interpreting DSGE models. It aims to familiarize participants with the models and techniques commonly employed by policymakers to analyze monetary and fiscal matters. The course dedicates numerous lectures to addressing model design and implementation issues. It uses region-specific case studies to demonstrate the practical application of these models and their potential contributions to the policymaking process. Additionally, the course explores the benefits and limitations of utilizing these models for policy analysis and advice.
Upon completion of this course, participants should be able to:
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English | April 27-30, 2026 | In-person Training | New Delhi, India
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English | July 6-17, 2026 | In-person Training | Vienna, Austria
Apply online by March 29, 2026
English | June 15-26, 2026 | In-person Training | Vienna, Austria
Apply online by March 29, 2026