15-16 April 2019 |
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New Analytical Tools and Techniques for Economic Policymaking
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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 offered 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 looked 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.
=> Summary (pdf) ¦ Abstracts and Speaker Bios (pdf) ¦ Moderator bios (pdf)
On 17 April NAEC and its partners held master classes with some of the world’s leading practitioners on complexity, network analysis and agent-based modelling - See agenda
Registration
> For external participants : NAEC@oecd.org
> For OECD staff:
Register (Conference 15-16 April)
Register (Masterclasses 17 April)
> Watch the webcast
Conference (15 April) am / pm
Conference (16 April) am / pm
Masterclasses (17 April) am / pm
> Logistical note (pdf)
Agenda - 15 April 2019
Agenda 15-16 April (pdf) |
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Opening remarks |
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9:30-10:00 |
Angel Gurria, OECD Secretary-General (video) |
Session 1: Why Do We Need New Analytical Tools and Techniques? |
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10:00-11:00 |
Moderator: Gabriela Ramos, OECD Chief of Staff and Sherpa Speakers:
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Session 2: Nowcasting |
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11:15-12:30 |
Moderator: Lucrezia Reichlin, Professor of Economics, London Business School - Nowcasting (pdf) Speakers:
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Session 3: Agent Based Modelling |
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14:00-16:00 |
Moderator: J. Doyne Farmer, Director of Complexity Economics, Institute for New Economic Thinking, University of Oxford, and Rebuilding Macroeconomics - What is ABM? What are the opportunities and challenges? (pdf) Speakers:
Discussant:
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Session 4: Network Analysis |
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16:30-18:00 |
Moderator: David Chavalarias, Director of the Complex Systems Institute of Paris idF - Economics and Network Analysis (pdf) Speakers:
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Cocktail |
Agenda - 16 April 2019
Agenda 15-16 April (pdf) |
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Session 5: Machine Learning and Big Data |
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9:30-11:00 |
Moderator: Martine Durand, OECD Chief Statistician Speakers:
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Session 6: Complexity and Social Science |
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11:15-12:45 |
Moderator: Angus Armstrong, Director of Rebuilding Macroeconomics Network Speakers:
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Session 7: Young Researchers |
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14:30-16:00 |
Moderator: Alan Kirman, Chief Advisor to the NAEC Initiative - We Need New Blood (pdf) Speakers:
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Session 8: Roundtable on New Approaches to Macroeconomic Modelling |
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16:30-17:55 |
Moderator: Laurence Boone, OECD Chief Economist Speakers:
Discussant:
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Closing remarks |
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17:55 |
William Hynes, NAEC Co-ordinator, OECD |
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