BaGBeM Research Workshop „Nonlinear Dynamical Systems: Methods and Estimation Techniques“

Date: 11.-13. July 2017
Instructor: Priv.-Doz. Dr. Reiner Franke

Topics

  • Nonlinear Dynamical Systems, Bifurcation Theory, Limit Cycles
  • The Aggregate Sentiments Dynamics Approach: Theory and Empirics
  • The Simulated Method of Moments

About the Instructor:

Priv.-Doz. Dr. Reiner Franke is an internationally renowned scholar with more than forty articles in peer-reviewed journals such as the Journal of Economic Behavior and Organization, the Journal of Economic Dynamics and Control, the Economic Journal, the Scandinavian Journal of Economics, Quantitative Finance, Metroeconomica, Structural Change and Economic Dynamics and the European Journal of Economics and Economic Policy, among others, as well as numerous books and book other contributions. His research fields are dynamic macroeconomic systems, behavioral heterogeneity, technical change and dynamic input-output systems and Sraffian general equilibrium analysis.

Schedule

Tuesday, 11. July

10.00-12.00: The Aggregate Sentiments Dynamics Approach (in Macroeconomics)

12.00-13.30: Lunch Break

13.30-15.00: Advanced Analysis of Dynamic Interdependencies of Nonlinear Macroeconomic Models I

15.00-15.30: Coffee Break

15.30-18.00: Coping with the Problems arising from the Keynesian Stability Condition (with a View to Functional Finance)

Wednesday, 12. July

10.00-12.00: A Most Elementary Harrod-Kaldor Growth Cycle Model

12.00-13.30: Lunch Break

13.30-15.00: Estimation with the Method of Simulated Moments. Part I: Asymptotic Theory

15.00-15.30: Coffee Break

16.00-17.30: Estimation with the Method of Simulated Moments. Part II: Bootstrap and Monte Carlo Methods

Thursday, 13. July

10.00-12.00: Discussion of Dissertation Topics with BaGBeM Students