July 28-31, 2025
The Wharton School, University of Pennsylvania
Philadelphia, PA
The goal of this four-day program was to teach young scholars the tools they need to understand and conduct corporate finance research using structural estimation. This program was for advanced PhD students and professors in finance and related fields. Participants took a practical, hands-on approach that focused on tools. Topics included numerical methods for solving models, simulation estimators, identification challenges, and a review of the literature.
Participants attended lectures for the first half of each day and spent the second half applying the material to a mini-research project. The project involved solving and estimating a simple dynamic model. By the end of the week, participants had done structural estimation, and left Wharton with computer code they can use in their future research.
View the program schedule.
ORGANIZERS
Toni Whited, University of Michigan and Luke Taylor, University of Pennsylvania