Program

Thursday afternoon, September 21, 2017

  • Welcome: Richard Berner, Director, Office of Financial Research, United States Treasury
  • Agent-based models beyond economics and finance
    • Leigh Tesfatstion, Iowa State University: Agent-Based Modeling Tools for Electric Power Market Design
    • Joshua Epstein, New York University: Classical and Agent-based Contagion Dynamics
  • Data tools and sources
    • Sarah Wise, University College London: Moving the City: Modeling Transportation at an Agent-based level
    • Robert Axtel, George Mason University: Granular Firms
    • Andreas Joseph, Bank of England: A Short Introduction to Machine Learning and the Case of Inflation Forecasting
  • Software platforms
    • Nathan Palmer, Office of Financial Research: Heterogeneous-Agent Resources and Toolkit (HARK)
    • Jacqueline Kazil, George Mason University: Mesa Project, a Python 3+ ABM Toolkit

Friday, September 22nd, 2017

  • Welcome and Overview: Blake LeBaron, Brandeis International Business School
  • Large-Scale and Agent-based Models in Policy
    • Arthur Turrell, Bank of England: Adopting Agent-based Models for Policy
    • Arzu Uluc, Bank of England: Agent-based Model of the UK Housing Market
    • Grzegorz Halaj, European Central Bank: An Agent-based Model of Banks’ Solency and Funding Interactions
    • Jesper Riedler, Centre for European Economic Research (ZEW): Evaluating Regulation Within an Artificial Financial System
  • Panel Discussion
    • Moderator: Richard Berner, Director, Office of Financial Research, United States Treasury
    • Jasmina Arifovic, Simon Fraser University
    • Richard Bookstaber
    • Blake LeBaron, Brandeis University
  • Keynote Address
    • Andy Haldane, Bank of England: The Promise of Agent-based Models
  • Networks and Contagion
    • Peyton Young, Office of Financial Research: Modeling Contagion in Financial Networks: The Credit Default Swaps Market
    • Robin Lumsdaine, American University: The Complexity of Bank Holding Companies
    • Mark Paddrik, Office of Financial Research: Interbank Contagion: An Agent-based Model Approach to Endogenously Formed Networks
  • Behavioral Macro Finance
    • Christopher Carroll, Johns Hopkins University: Heterogeneous Macroeconomics and Reality
    • Cristina Fuentes-Albero, Federal Reserve Board: Households’ Balance Sheets and the Effects of Fiscal Policy
    • Jasmina Arifovic, Simon Fraser University: Adoption of a New Payment Method: Theory and Evidence