For best experience please turn on javascript and use a modern browser!
You are using a browser that is no longer supported by Microsoft. Please upgrade your browser. The site may not present itself correctly if you continue browsing.
Integrated Macro-Finance Modelling for Robust Policy Design
In this EU FP7 project from May 1, 2014 – April 30, 2017, 11 European universities collaborate with the European Commission’s Joint Research Centre. Cars Hommes (UvA) is the coordinator of the project.
About the project
The project focuses on research in macroeconomic models relevant to
policymaking describing uncertain decision making by banks, consumers,
businesses and public institutions as well as the global systemic risk of the
macro-financial system. Four lines of research are combined in the project:
Behavioural models and heterogeneous agents;
Modelling financial institutions, their vulnerability and the dynamics of
systemic risk;
Integration of these new models in macroeconomic policy models;
Development of new policy instruments for managing financial contagion,
bubbles and crashes and monetary and fiscal policy in times of crisis.
The consortium is comprised of researchers in the field of behavioural
economics and macroeconomics with extensive experience in constructing models
and developing and testing macroeconomic monetary and fiscal policy models.
CeNDEF
CeNDEF’s contribution will be the development of macroeconomic behaviour and
complexity models with heterogeneous agents (for example heterogeneous
expectations) and testing these models in macroeconomic laboratory experiments.
The project is also closely linked with the UvA Economics & Business
research priority area ‘Risk and Macro Finance’.
CeNDEF appointed a postdoc researcher, Tomasz Makarewicz for this project
for a period of two years (November 2014-November 2016). Other CeNDEF
researchers involved in the project are Cees Diks, Jan Tuinstra, Florian
Wagener, Domenico Massaro and Isabelle Salle.
Cookie Consent
The UvA uses cookies to ensure the basic functionality of the site and for statistical and optimisation purposes. Cookies are also placed to display third-party content and for marketing purposes. Click 'Accept all cookies' to consent to the placement of all cookies, or choose 'Decline' to only accept functional and analytical cookies. Also read the UvA Privacy statement.