Biography

I am a researcher in Econometrics, Macroeconomics and Statistics and currently lead a research group, funded by the DFG, at the University Münster. My research interests include quantitative macroeconomics, econometrics and time series analysis with a focus on the methodological development of Frequentist and Bayesian identification and estimation methods for dynamic and stochastic models with time-varying risks and rare disasters. I have taught classes at all levels in DSGE Models, Econometrics, Empirical Methods, Macroeconomics, Statistics as well as Software courses in R, MATLAB, and Dynare.

I am a Linux and open-source enthusiast and actively contribute to several projects (such as Dynare and Timeshift). You can find me on various forums (Dynare, Destination Linux, EndeavourOS, Manjaro, Pop!_Planet, Ubuntu) or feel free to contact me directly.

The source code of this website is available on GitHub.

Interests
  • Computational Economics
  • DSGE Models
  • Econometrics
  • Linux
  • Macroeconomics
  • Open Source
  • Rare Disasters
  • Time Series Analysis
Education

  • PhD in Econometrics, 11/2015

    University Münster

  • MSc in Economics, 04/2012

    University Münster

  • BSc in Economics, 09/2009

    University Münster

Accomplish­ments

Research Grant
German Research Foundation (DFG) Apr 2019 – Mar 2022
Faculty Prize for best PhD-Thesis in Economics
University Münster Jan 2017
Travel Grant
Swiss National Bank Jun 2015
Best Student Award of the Economics Department
University Münster Oct 2012
Study Grant (Bachelor and Master)
Friedrich-Ebert-Stiftung Jul 2007 – Sep 2012
Scholarship Congress-Bundestag Youth Exchange
Congress and Deutscher Bundestag Aug 2002 – Jul 2003

Projects

Click on a title for more information

GMM/SMM/IRF-Matching Estimation in Dynare
In this project (joint with the Dynare Team) we plan to provide an interface for a GMM/SMM/IRF-matching toolbox in Dynare.
RoadMap PullRequest
GMM/SMM/IRF-Matching Estimation in Dynare
Dynare tutorials and videos
We want to provide better documentation and a new user guide for Dynare 4.7. Therefore, I will post and update my teaching materials as written tutorials here as well as videos on YouTube.
Tutorials YouTube Channel
Dynare tutorials and videos
Skewness Matters
This project investigates the impact of skewness on the identifiability and estimability of parameters in linear and nonlinear DSGE models with rare disasters, downward wage rigidity and asymmetric production innovation using new statistical distributions and econometric methods.
DFG Project
Skewness Matters
Linux Stuff
My favorite Linux distributions are Pop!_OS, Ubuntu and Manjaro. In this project, I am covering my installation processes, experiences, and personal setup for the different distributions. Also you will find here my contributions to different projects, e.g. timeshift.
Installation Guides YouTube Channel timeshift-autosnap-apt
Linux Stuff

Working Papers

Click on title for abstract

Quickly discover relevant content by filtering publications.
Stéphane Adjemian, Houtan Bastani, Michel Juillard, Frédéric Karamé, Junior Maih, Ferhat Mihoubi, Willi Mutschler, George Perendia, Johannes Pfeifer, Marco Ratto, Sébastien Villemot (2020). Dynare: Reference Manual, Version 4. Dynare Working Papers.

Cite Code Dynare Working Paper 1

Publications

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Quickly discover relevant content by filtering publications.
Sergey Ivashchenko, Willi Mutschler (2019). The effect of observables, functional specifications, model features and shocks on identification in linearized DSGE models. Economic Modelling.

Preprint Cite Code DOI SFB823 Discussion Paper 7616 CQE Working Paper 83

Willi Mutschler (2018). Higher-order statistics for DSGE models. Econometrics and Statistics.

Cite Code DOI PDF (Open Access) Online Appendix CQE Working Paper 43 SFB823 Discussion Paper 4816

Willi Mutschler (2016). Local Identification of Nonlinear and Non-Gaussian DSGE Models. PhD Thesis.

Cite PDF (Open Access)

Willi Mutschler (2015). Identification of DSGE models - The effect of higher-order approximation and pruning. Journal of Economic Dynamics and Control.

Preprint Cite Code DOI CQE Working Paper 33

Short CV

 
 
 
 
 
Principal Investigator (DFG funded)
University Münster
Apr 2019 – Present Münster, Germany

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

Responsibilities include:

  • PhD Supervision
  • Project Management
  • Research
 
 
 
 
 
Developer
Dynare Team
Mar 2019 – Present CEPREMAP, France

Responsibilities include:

  • Analytic Derivatives
  • Bug fixing
  • Identification Toolbox
  • Method of Moments Estimation Toolbox
 
 
 
 
 
Freelance
Institut der Deutschen Wirtschaft
Feb 2018 – Dec 2019 Köln, Germany
Taught courses in Introduction to R for Applied Economists.
 
 
 
 
 
Full Professor in Econometrics
University Münster
Oct 2017 – Sep 2018 Münster, Germany
Temporary Position. Taught courses in Econometrics, Introduction to R, Statistics, and Macroeconometrics.
 
 
 
 
 
Research Fellow (PostDoc)
SFB 823 at Technical University Dortmund
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.
 
 
 
 
 
PhD Traineeship
European Central Bank
May 2015 – Jul 2015 Frankfurt, Germany
Research stay at DG-E Fiscal Policies. Researched fiscal policy within the EAGLE model.
 
 
 
 
 
Research Associate (PhD Student)
University Münster
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.
 
 
 
 
 
Referee Service
Jan 2012 – Present
Computational Statistics and Data Analysis, Economic Modelling, Journal of Economic Dynamics and Control, National Science Centre Poland, The B.E. Journal of Macroeconomics

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