This course is designed to equip students with the skills to solve a deterministic multi-period Overlapping Generations Model, along an economy’s transition following a policy reform. Participants will also explore advanced extensions of this model, including endogenous labour supply decisions, and understand the modifications to the baseline model such extensions require. Finally, they will learn important economic mechanisms that emerge in stochastic models.  

For syllabus details, please click on the link under “Related documents” at the bottom of the page. 

Instructor

Alexander Ludwig is currently based at the European University Institute (EUI), Florence and was a Professor for Public Finance and Macroeconomic Dynamics at Goethe University, Frankfurt. He has published many Working Papers in our Working Paper Series, which you can learn more about here.

Format and schedule

This course will take place over three days and will comprise of morning  lectures and afternoon practical sessions using Matlab. There will also be a short 1,5 hour virtual Matlab Workshop during the week before. The course will be delivered in person at the University of Pretoria.

Interested applicants are requested to register by completing the registration form below by Friday, 25 October. Application decisions will be communicated by Wednesday, 13 November. Please note that space is limited to 25 students and preference will be given to applicants with a keen interest in this area of research using these modelling techniques.

ERSA will cover the travel and accommodation costs for participants from South African institutions. Places are limited and funding to attend the workshop is entirely at the discretion of the organiser.