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Machine learning techniques are being actively pursued in the private sector and have been widely adopted in fields such as computational biology and computer vision. However, the role of machine learning in economics has so far been limited. This workshop was organized to provide a forum to discuss how ideas and techniques from machine learning could be applied to economic questions. The workshop will bring together researchers from computer science, statistics, econometrics and applied economics to foster interactions and discuss different perspectives on statistical learning and its potential impact on economics.
The workshop began with overview talks on machine learning and statistics by researchers from outside of economics. Three following sessions were organized around the themes of causal inference, prediction, and networks and complex data. Each session included the presentation of papers in economics that make use of machine learning methodology, followed by a discussion by researchers from multiple communities.
Professor Amit Seru, University of Chicago, presents his discussion during Session IV: Machine Learning and Applications in Finance and Macroeconomics.
The winter 2016 meeting was hosted by the Volatility Institute at New York University's Stern School of Business. This meeting featured sessions on the role of the housing market in the macroeconomy, the impact of big data and machine learning on macroeconomic research, and the potential of innovation contests to push macroeconomic modeling into new and exciting territory.
The Becker Friedman Institute hosted a conference in honor of Robert E. Lucas Jr. Oct. 7-8, 2016, followed by a dinner where he received the prestigious Phoenix Prize from the University of Chicago DIvision of Social Sciences.
Images from the Becker Friedman Institute's Macro Financial Modeling conference at the NYU Stern School of Business March 6-7, 2015.
Prof. Frannie Leautier, Partner and Chief Executive of Mkoba Private Equity Fund with Adam Elhiraika, Director, Macroeconomic Policy Division (MPD), ECA during the African Economic Conference (AEC) - Special Event C - Launch of the Mutual Review of Development Effectiveness Report (ECA) & Special Event D - Launch of the African Competitiveness Report 2015, on November 3, 2015, at the African Union Building and Government Hotel, in Kinshasa, the Democratic Republic of the Congo.
Prof. Frannie Leautier, Partner and Chief Executive of Mkoba Private Equity Fund with Adam Elhiraika, Director, Macroeconomic Policy Division (MPD), ECA; Jean Bakole, Representative and Director of Regional Office in Ethiopia, United Nations Industrial Development Organization and a delegate during the African Economic Conference (AEC) - Special Event C - Launch of the Mutual Review of Development Effectiveness Report (ECA) & Special Event D - Launch of the African Competitiveness Report 2015, on November 3, 2015, at the African Union Building and Government Hotel, in Kinshasa, the Democratic Republic of the Congo.
Contracts and the Global Organization of Production
www.crei.cat/lecture_info.php?i=8
Interview with Prof. Pol Antràs
www.barcelonagse.eu/news-pol-antras-macroeconomics-lectur...
On March 29, 2024, Chair Powell participated in a moderated discussion with Kai Ryssdal at the Macroeconomics and Monetary Policy Conference hosted by Federal Reserve Bank of San Francisco.
2023-02-18: Kevin Chika Urama, Acting Chief Economist and Vice President for the Economic Governance and Knowledge Management Complex, AfDB speaks during the 36th African Union Summit: 2023 Macroeconomic Report launch.
Session I: Overview of recent economic and social developments in Africa (agenda item 3) Presentation by Mr. Adam B. Elhiraika, Director of the Macroeconomic and Governance Division of ECA
The Becker Friedman Institute hosted a conference in honor of Robert E. Lucas Jr. Oct. 7-8, 2016, followed by a dinner where he received the prestigious Phoenix Prize from the University of Chicago DIvision of Social Sciences.
The conference presented theoretical and quantitative papers about default, maturity, dilution, and inflation, as well as fiscal policy design and modeling.
Papers represented a diversity of approaches in terms of model assumptions and features, but a common thread will be the use of modern dynamic macroeconomic theory to understand historical events and contemporary choices.
2019-06-10: (L-R) Mr. Gabriel Negatu, Director General, East Africa Regional Development and Business Delivery, African Development Bank, Dr. Hanan Morsy, Director, Macroeconomic Policy, Forecasting and Research Department, AfDB and Victor Harrison, Commissioner for Economic Affairs, AUC during the Launch of African Economic Outlook at the AU Summit in Addis Ababa, Ethiopia.
Foreign investors have pumped in close to $3 billion in the Indian capital markets so far this month due to "high nominal and real yields" and stable macroeconomic conditions.
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2019-05-16: Dr. Hanan Morsy, Director of Macroeconomic Policy, Forecasting and Research Department, African Development Bank during the High Level Consultation at the AfDB headquarters in Abidjan, Côte d'Ivoire.
The 2017 OECD Economic Survey of China assesses the country’s recent macroeconomic performance and proposes policy measures to promote higher-quality growth. Improving corporate performance by boosting innovation activities and entrepreneurship, enhancing the standards of corporate governance and reforming state-owned enterprises by exposing them more to market mechanisms would raise efficiency and boost household incomes, increase employment opportunities and raise people’s overall well-being. Moving to less energy-intensive production is also key to achieve greener and more sustainable growth. Greater redistribution through the tax-and-transfer system and better targeting of social assistance would enhance inclusiveness. At the same time, inequalities in access to education, healthcare and pensions need to be addressed.
Find out more about the event iems.ust.hk/events/event/china-economic-prospects-oecd-an...
2018-01-17: President of the African Development Bank Group, Dr. Akinwumi A. Adesina along with Dr. Abebe Shimles, Acting Director, Macroeconomic Policy, Forecasting and Research (AfDB); Dr. Celestin Monga, Vice-President, Economic Governance & Knowledge Management, AfDB; Victor Oladokun, Bank’s Director of Communications and External Relations during the launch of the African Economic Outlook 2018: Innovative financing for infrastructure development
The Doctor of Business Administration in Finance Program presented “Financial Markets’ Volatility and Macroeconomic Uncertainty” on Friday, December 7, 2018, at Sacred Heart University’s West Campus. Guest speakers will include Bluford Putnam, Chief Economist and Managing Director at CME Group, Katina Stefanova, Founder and CEO of Marto Capital, and Victor de la Peña, Professor of Statistics, Columbia University. Photo by Mark F. Conrad
Session I: Overview of recent economic and social developments in Africa (agenda item 3) Presentation by Mr. Adam B. Elhiraika, Director of the Macroeconomic and Governance Division of ECA
University of Pennsylvania economics professor Frank Schorfheide speaks about the role of macroeconomic modeling in recent monetary policy at a research conference at Goizueta Business School, Nov. 3, 2011.
The conference, titled "What should we really expect from macroeconomic policy?," was co-sponsored by The Halle Institute and the Federal Reserve Bank of Atlanta. Policymakers, academics, and business leaders gathered at Emory University to discuss fiscal policy and the recent financial crisis, oil prices and macroeconomics, practical considerations in developing policies, and more. Learn more: bit.ly/macro-econ.
Photo by Wilford Harewood.
The winter 2016 meeting was hosted by the Volatility Institute at New York University's Stern School of Business. This meeting featured sessions on the role of the housing market in the macroeconomy, the impact of big data and machine learning on macroeconomic research, and the potential of innovation contests to push macroeconomic modeling into new and exciting territory.
Images from the Becker Friedman Institute's Macro Financial Modeling conference at the NYU Stern School of Business March 6-7, 2015.
ADBI experts fleshed out options for mitigating population aging during the roundtable in Jakarta on 18-19 June 2019. Read more about the event: bit.ly/2YKVBEk
The Macro Finance Society organizes two conferences annually where researchers present recent work at the intersection of financial economics and macroeconomics. The methodological focus is on dynamic structural models that are grounded in data.
November 14, 2017:
SAIS Women Lead hosted a conversation on Macroeconomic and Structural Reform in Japan with Johns Hopkins SAIS Alumna Kathy Matsui, Vice Chair of Goldman Sachs Japan. The conversation was moderated by John Lipsky, Peter G. Peterson Distinguished Scholar, Kissinger Center for Global Affairs.
Images from the Becker Friedman Institute's Macro Financial Modeling conference at the NYU Stern School of Business March 6-7, 2015.
2017-03-02: (L-R), Mr. Abebe Shimeles, Acting Director, Macroeconomics Policy, Forecasting And Research, African Development Bank; Tim turner, Chief Risk Officer of the AfDB; Desire J. M. Vencatachellum, Director, Resource Mobilization and External Finance Department, African Development Bank during the visit to AfDB.
The 2017 OECD Economic Survey of China assesses the country’s recent macroeconomic performance and proposes policy measures to promote higher-quality growth. Improving corporate performance by boosting innovation activities and entrepreneurship, enhancing the standards of corporate governance and reforming state-owned enterprises by exposing them more to market mechanisms would raise efficiency and boost household incomes, increase employment opportunities and raise people’s overall well-being. Moving to less energy-intensive production is also key to achieve greener and more sustainable growth. Greater redistribution through the tax-and-transfer system and better targeting of social assistance would enhance inclusiveness. At the same time, inequalities in access to education, healthcare and pensions need to be addressed.
Find out more about the event iems.ust.hk/events/event/china-economic-prospects-oecd-an...
On March 29, 2024, Chair Powell participated in a moderated discussion with Kai Ryssdal at the Macroeconomics and Monetary Policy Conference hosted by Federal Reserve Bank of San Francisco.
The Macro Finance Society organizes two conferences annually where researchers present recent work at the intersection of financial economics and macroeconomics. The methodological focus is on dynamic structural models that are grounded in data.
In an October 14 session, Dr. Thomas Kevin Swift, Chief Economist and Managing Director, American Chemistry Council, delivers insights into U.S. economic expectations, including potential challenges and opportunities in 2020.
Guests learn how key factors such as consumer confidence, housing starts, employment levels, commodities prices, and foreign trade will influence North America and the global economy.
Learn more about 2019 Executive Leadership Summit at www.ntea.com/executivesummit
Mr. Eric Ogunleye, Advisor to the Chief Economist and Vice President, Economic Governance and Knowledge Management Complex, African Development Bank; Janvier Litse, Senior Advisor, Strategic Partnerships Division; Dr. Paul Fokam, Founding President, Afriland First Bank Group; Dr. Hanan Morsy, Director, Macroeconomic Policy, Forecasting and Research Department, African Development Bank; Dr. Barassou Diawara, Knowledge Management Expert, and co-ordinator, Africa Think Tank Network, African Capacity Building Foundation and Olashile Odetola having a group portrait during African Economic Conference (AEC) 2019 - Plenary Session 5 - The Future of Work for Youth Challenges, Opportunities, Policies on December 4, 2019, at Sharm el-Sheikh, Egypt.
Images from the Becker Friedman Institute's Macro Financial Modeling conference at the NYU Stern School of Business March 6-7, 2015.
President Gloria Macapagal-Arroyo receives the book "Macroeconomic Stability and Pro-Poor Growth: The Role of NAPC" which was handed over by NAPC Secretary and Lead Convenor Domingo Panganiban. The said book from which can be read some policy papers is one of the outputs of the UNDP-funded projects. Also in photo are Cong. Teodulo Coquilla, Gov. Ben Evardone and PMS Sec. Cerge Remonde and Mayor Fidel Anacta, Jr. in the background.
(Photo courtesy of PIA 8)
The CITE conference is designed specifically to encourage sharing of new ideas and early-stage models of financial markets with macroeconomic linkages, particularly by young economists.
Donald Marron, director of the Urban-Brookings Tax Policy Center and former acting director of the Congressional Budget Office, speaks about fiscal policy in practice at a research conference at Goizueta Business School, Nov. 3, 2011.
The conference, titled "What should we really expect from macroeconomic policy?," was co-sponsored by The Halle Institute and the Federal Reserve Bank of Atlanta. Policymakers, academics, and business leaders gathered at Emory University to discuss fiscal policy and the recent financial crisis, oil prices and macroeconomics, practical considerations in developing policies, and more. Learn more: bit.ly/macro-econ.
Photo by Wilford Harewood.
Fiscal rules, policy and macroeconomic stabilisation in the euro area
Evi Pappa, Professor, Unversidad Carlos III Madrid
Discussant: Vítor Gaspar, Director, Fiscal Affairs Department, International Monetary Fund
Chair: Yves Mersch, Member of the Executive Board, European Central Bank
2018-01-17: Victor Oladokun, Bank’s Director of Communications and External Relations addresses during the launch of the African Economic Outlook 2018: Innovative financing for infrastructure development. On stage, President of the African Development Bank Group, Dr. Akinwumi A. Adesina with Dr. Celestin Monga, Vice-President, Economic Governance & Knowledge Management, AfDB; Dr. Abebe Shimles, Acting Director, Macroeconomic Policy, Forecasting and Research (AfDB).
The Becker Friedman Institute was pleased to host its inaugural Open Source Macroeconomics Laboratory (OSM Lab), which ran an intenstive and immersive seven-week computational macroeconomics boot camp from June 19 to August 4, 2017. The goals were to: train advanced undergraduates and graduate students with the computational skills to participate in cutting-edge economic research and public policy analysis; inspire the brightest young researchers to pursue policy-relevant work throughout their careers; spread the ideals of transparency and replicability throughout the economics profession from the ground up; and accelerate scientific progress in economics and policy analysis more broadly
The Becker Friedman Institute was pleased to host its inaugural Open Source Macroeconomics Laboratory (OSM Lab), which ran an intenstive and immersive seven-week computational macroeconomics boot camp from June 19 to August 4, 2017. The goals were to: train advanced undergraduates and graduate students with the computational skills to participate in cutting-edge economic research and public policy analysis; inspire the brightest young researchers to pursue policy-relevant work throughout their careers; spread the ideals of transparency and replicability throughout the economics profession from the ground up; and accelerate scientific progress in economics and policy analysis more broadly