Understanding of economic issues such as growth, financial crises, systemic risk, innovation and sustainability can benefit from the revolution taking place across a range of scientific disciplines and in the social sciences. This revolution is being driven by the interaction between technological progress in computing and communications and the new sources and greater quantities of data this makes available.
This NAEC conference offers a timely opportunity for policy-makers, academics and researchers in economics to discuss the state-of-the-art policy applications emerging from the new analytical tools and techniques. It will look at how methodological innovations and inter-disciplinary approaches such as agent-based modelling, nowcasting, machine learning, and network analysis could contribute to better understanding of the complexity and interaction of our economic, financial, social and environmental systems. The conference will conclude with a roundtable discussion on new approaches to macroeconomic modelling.
- Session 1: Why Do We Need New Analytical Tools and Techniques?
- Session 2: Nowcasting
- Session 3: Agent Based Modelling
- Session 4: Network Analysis
- Session 5: Machine Learning and Big Data
- Session 6: Complexity and Social Science
- Session 7: Young Researchers
On 17 April NAEC and its partners will be holding master classes with some of the world’s leading practitioners on complexity, network analysis and agent-based modelling. Agenda (pdf)
To register, please click here: Registration
Please note that a webcast of this seminar will be available here: Webcast
Conference webpage: www.oecd.org/naec/new-economic-policymaking/
OECD-NAEC and Baillie Gifford
In association with Partners for a New Economy (P4NE), Rebuilding Macroeconomics, Institute for New Economic Thinking (INET) Oxford, European Commission Joint Research Centre, International Institute for Applied Systems Analysis (IIASA), Fields Institute, Complex Systems Institute Paris IdF (ISC-PIF) and the Santa Fe Institute.