Thesis supervisor: Miklós Váry
Location of studies (in Hungarian): CUB Abbreviation of location of studies: CUB
Description of the research topic:
Macroeconomic policy, production networks, and agent-based modeling. How do the micro-level interaction structures of economic agents shape the dynamics of macroeconomic variables? Do they matter for the effectiveness of monetary and fiscal policy? Two recent modeling tools, the techniques of network science and agent-based modeling allow us to answer research questions like these. How do the effects of monetary and fiscal policy on inflation and economic activity depend on the structure of production networks connecting firms in buyer-supplier relationships? How are the effects of macroeconomic shocks and policy interventions transmitted through these networks? Does optimal monetary policy depend on how firms react to each other's pricing decisions at the micro level? Do production networks, micro-level interactions between demand and supply, or the characeteristics of micro-level pricing behavior matter for the choice between an inflation targeting and a price level targeting monetary regime? The macroeconomic applications of network science and agent-based modeling can provide answers to these questions, but I am also open to students who would like to study topics related to monetary or fiscal policy using standard RBC/DSGE models.
Number of students who can be accepted: 1
Deadline for application: 2024-12-31
2024. IV. 17. ODT ülés Az ODT következő ülésére 2024. június 14-én, pénteken 10.00 órakor kerül sor a Semmelweis Egyetem Szenátusi termében (Bp. Üllői út 26. I. emelet).
Login
