Willi Mutschler

Willi Mutschler

Assistant Professor for International Macroeconomics
Member of Dynare Team

School of Business and Economics

University of Tuebingen

DFG Project 411754673

Dynare Team

Willi Mutschler serves as an Assistant Professor of International Macroeconomics at the University of Tuebingen, and actively contributes as a member of the Dynare Team, focusing on the development and maintenance of the identification and method-of-moments toolboxes.

His academic pursuits are centered around dissecting the underlying causes of business cycles, leveraging novel identification and estimation approaches tailored for dynamic and stochastic models (DSGE and SVAR) that incorporate skewed distributions and rare disasters. His more recent investigations shed light on the economic ramifications of major interstate conflicts and wars.

Open-source and open education are of significant value to him. Therefore, you are warmly invited to explore the Dynare Teaching Materials, delve into recent courses on Computational Macroeconomics and Quantitative Macroeconomics, and engage with tutorials and lectures on YouTube for a deeper understanding of these topics.

Feel free to contact me directly or to schedule an appointment.

  • Computational Macroeconomics
  • Quantitative Macroeconomics
  • Time Series Econometrics
  • DSGE and SVAR Models
  • Business Cycles
  • International Transmission
  • Rare Disasters
  • Interstate Wars
  • Climate Change

Working Papers

(2024). The Price of War. CEPR Discussion Paper 18834, Kiel Working Paper 2262, Kiel Policy Brief 171.

Cite Code Video CEPR DP18834 Kiel Working Papers 2262 Kiel Policy Brief 171 Price of War Calculator

(2024). Dynare: Reference Manual Version 6. Dynare Working Papers 80.

PDF Cite Code Source Document

(2022). Dynare: Reference Manual Version 5. Dynare Working Papers 72, revised November 2022.

PDF Cite Code Source Document

(2011). Dynare: Reference Manual Version 4. Dynare Working Papers 1, revised March 2021.

PDF Cite Code Source Document

Short CV

Assistant Professor for International Macroeconomics
Apr 2021 – Present Tübingen, Germany

Responsibilities include:

  • Research
  • Teaching
  • PhD Supervision
Dynare Developer
Mar 2019 – Present CEPREMAP, France

Responsibilities include:

  • Analytic Derivatives
  • Bug fixing
  • Identification Toolbox
  • Method of Moments Estimation Toolbox
May 2023 – Dec 2023 Brussels, Belgium
Consulted Dynare related methods and optimizations for DynEMItE model.
Referee Service
Jan 2012 – Present
Computational Statistics and Data Analysis, Economic Modelling, Journal of Econometrics, Journal of Economic Dynamics and Control, Junior Management Science, National Science Centre Poland, The B.E. Journal of Macroeconomics
Principal Investigator (DFG funded)
Apr 2019 – Jul 2022 Münster/Tübingen, Germany

DFG Project 411754673: Identification and Estimation of Dynamic Stochastic General Equilibrium Models: Skewness Matters

Responsibilities include:

  • PhD Supervision
  • Project Management
  • Research
Full Professor in Econometrics
Oct 2017 – Sep 2018 Münster, Germany
Temporary Position. Taught courses in Econometrics, Introduction to R, Statistics, and Macroeconometrics.
Research Fellow (PostDoc)
Nov 2015 – Jun 2017 Dortmund, Germany
Researched the transmission channels of macroeconomic shocks and economic policy with a focus on time-varying risk premia and rare disaster. Taught courses in Survey Sampling Methods and GMM, Indirect Inference, and Bootstrap.
Feb 2018 – Dec 2019 Köln, Germany
Taught courses in Introduction to R for Applied Economists.
PhD Traineeship
May 2015 – Jul 2015 Frankfurt, Germany
Research stay at DG-E Fiscal Policies. Researched fiscal policy within the EAGLE model.
Research Associate (PhD Student)
Jun 2012 – Oct 2015 Münster, Germany
PhD Thesis on Local identification of nonlinear and non-Gaussian DSGE models. Taught courses in DSGE Models, Empirical Methods, Macroeconometrics, Multivariate Time Series Analysis, Introduction to R, and GMM/Indirect Inference/Bootstrap.


  • willi@mutschler.eu
  • +49-7071-29-73140
  • Eberhard-Karls-University Tübingen<br />School of Business and Economics<br />Department of International Macroeconomics and Finance<br />Mohlstr. 36<br>D-72074 Tübingen
  • Enter the building and go to the 7th floor. My office is number 416.
  • Book an appointment
  • DM Me