CORDIS Project
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This project aims to enhance macroeconomic modeling by integrating behavioral and institutional factors that influence financial decision-making. It seeks to create more accurate models for policy evaluation that account for the complexities of financial risks and their impact on the economy.
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.
Our consortium’s proposal aims to move policy-focused macroeconomic modelling beyond this approach to the endogenous modelling of the dynamics resulting from financial risks and related decision making in banks, households, firms and public i…
UNIVERSITEIT VAN AMSTERDAM
Partner organizations (coordinator is shown above), with normalized type and CORDIS activity type. Guests see up to 4 partners.
Centre Pour La Recherche Economique Et Ses Applications
France, Paris
Type: Research institute
Activity type: Research Organisations
SME: Yes
Italy, Pavia
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
United Kingdom, Guildford
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
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