What is MACFINROBODS

MACFINROBODS is the acronym for:

“Integrated Macro-Financial Modelling
for Robust Policy Design

In this project 11 European Universities collaborate with the European Commission’s Joint Research Centre in a consortium of experienced researchers in the field of macro- and financial economics, supported by an advisory board of influential academics of the highest worldwide reputation and policy makers at central banks and finance ministries.

The three-year project (2014-2017) is funded by the European Commission and brings together different lines of research to systematically develop new behavioural and institutional model building blocks, to integrate such features in policy-focused models and to make use of these models in a new framework for policy evaluation.

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Vision

During the global financial crisis and ensuing Great Recession, economists at policy-making institutions had little choice but to augment macroeconomic models with ad-hoc assumptions and adjustments in order to provide analysis and advice for policy makers. The MACFINROBODS consortium aims to move policy-focused macroeconomic modelling beyond this approach.

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Project Coordination

Project Coordinator: Cars Hommes (UvA)
Project manager: Karin Breen (UvA)

Questions?

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News

Final MACFINROBODS Conference

2017-03-20

Third and final conference, April 4-5 2017 in Frankfurt

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Events

di04apr

Final MACFINROBODS Conference

Goethe University - Frankfurt, Germany

4-6 April 2017

The Final Conference will be organized by Goethe University on 4 and 5 April 2017, followed by ECB Watchers Conference on 6 April.

Keynote speakers:
Frank Schorfheide, University of Pennsylvania
John Taylor, Stanford University

Conference Venue:
Goethe University, Campus Westend

Draft version of the program available here


do17nov

Third Consortium Scientific Workshop

ITALY - Lake Como

17 and 18 November 2016

The third Workshop will be jointly organized by the Italian nodes: Universita Degli Studi di Pavia (Guido Ascari), Universita Catholica del sacro Cuore (Domenico Delli Gatti) and Joint Research Centre (Marco Ratto) on 17 and 18 November 2016 in Como,  Italy
Workshop venue:
Villa del Grumello
Via per Cernobbio, 1122100 Como, Italy

Keynote speakers are:

- Paul Beaudry (University of British Columbia and Oxford)

- Marco Del Negro (Federeal Reserve Bank of New York)

- Fabio Ghironi (University of Washington) 

The program of the Workshop is available here

 


di06sep

Learning Conference

The Dutch Central Bank - Amsterdam, The Netherlands

6-8 September 2016

From 6-8 September the Amsterdam School of Economics organizes the Learning conference Expectations in Dynamic Macroeconomic Models. This conference focuses on the important role of expectations and learning for macroeconomic dynamics, macrofinancial interactions and monetary and fiscal policies. For more detailed information and Keynote speakers please check the conference website here