Dynare Masterclass 2026

Posted on 25 March 2026

The Dynare Masterclass 2026 (which supersedes the former Dynare Summer School) will be held in person from 6-10 July, at École Normale Supérieure, Paris.

This week-long program offers hands-on training in the simulation and estimation of Dynamic Stochastic General Equilibrium (DSGE) models using Dynare 7. Participants will progressively build, solve, simulate, estimate, and analyze models — from basic New Keynesian setups to policy relevant frameworks, and heterogeneous agent models.

The Dynare Masterclass welcomes a broad audience:

  • Master/PhD students
  • Postdoctoral researchers
  • Junior and senior economists and professionals at central banks, ministries, and research institutes
  • Both newcomers to Dynare and users seeking to explore advanced features

Whether you are new to Dynare or looking to deepen your skills, this program is designed for you.

Participants also get daily open lab time with direct feedback from Dynare developers on their own work.

Program Highlights

  • Progressive curriculum: from RBC to New Keynesian to HANK models
  • Hands-on sessions with guided exercises and paper replications
  • Stochastic and perfect foresight simulations, occasionally binding constraints, and optimal policy
  • Estimation methods: GMM, SMM, IRF matching, maximum likelihood, and Bayesian estimation
  • Preparatory material (videos and exercises) provided before the event
  • Daily 1h open lab time with direct feedback from Dynare developers
  • Participant-selected topics on the final day
  • Preliminary Program.

Fees

Category Fee
Academic 500 EUR
Institutional/Professional 1,800 EUR

Fees include meals, refreshments, and the social dinner on Thursday.

Instructors

  • Stéphane Adjemian (Le Mans Université)
  • Frédéric Karamé (Le Mans Université)
  • Willi Mutschler (DSGE-net, University of Tübingen)
  • Johannes Pfeifer (University of the Bundeswehr Munich)
  • Marco Ratto (European Commission Joint Research Centre)
  • Normann Rion (CEPREMAP)
  • Sébastien Villemot (CEPREMAP)

Technical Requirements

Participants must bring a laptop with one of the following installed:

  • MATLAB (R2020a or later)
  • GNU Octave (Version 11)

WiFi will be available on site. If you use MATLAB, please do not rely on remote institutional license servers.

Venue

École Normale Supérieure 48 boulevard Jourdan, 75014 Paris, France

Supporting Organizations

  • École Normale Supérieure
  • CEPREMAP
  • DSGE-net

Application

Please fill out the application form and upload your CV and a recent research paper or work-in-progress (extended abstract, presentation) in PDF format.

  • Application deadline: 20 April 2026
  • Acceptance notifications: 2 May 2026
  • Apply here

In case of any questions, please contact masterclass@dynare.org.