Research workshop «Economic Modelling: Concepts, Models and Policy Implications» was held

13:32, February 28, 2018

Keynote speakers at the workshop were esteemed invited experts

On February 22, 2018 GSEM Laboratory for International and Regional Economics held a research workshop «Economic Modelling: Concepts, Models and Policy Implications».

Workshop participants discussed theoretical and methodological aspects to modelling special and regional development in the Russian economy, specifics of modelling economic processes in conditions of uncertainty, and issues of raising efficiency of national economic policy.

Keynote speakers at the workshop were esteemed invited experts. Jochen Jungelges from the University of Adger (Norway) presented a report «Output Volatility and Savings in a Stochastic Goodwin Economy». Representative of Higher School of Economics (Moscow) Sergey Pekarsky gave a talk about financial repression public finance in a calibrated general equilibrium model. Artem Ranter from the Ural Branch of the Russian Academy of Sciences presented results of his research «Modeling of international economic cooperation potential». Representatives of municipal government — Verkhnyaya Pyshma Administration – gave insights on innovation-driven transformation of monotowns. Researchers of Graduate School of Economics and Management also took part in the workshop presenting their work in the field of economic modelling.

The participants showed results of development of theoretical econometric models that sparked a lively discussion after each report. Especially captivating were the presentations of Sergey Pekarsky and Jochen Jungelges devoted to development and calibration of macroeconomic models.

Beside renowned speakers, Master, PhD students and young researchers interested in modelling economic processes at different levels took part in the workshop.