Videoconference with Nobel Prize laureate in Economics Thomas J. Sargent

For researchers of Economics, advances in the last few decades have made Bayesian econometrics a key tool for economic decisions, because Bayesian inference can naturally deal with different sources of uncertainty and incorporate them into the decision process. The 7th annual workshop of the European Seminar on Bayesian Econometrics (ESOBE), held in Aula Baratto at Ca’ Foscari on October 27-28th, promises to bring together experts on this topic from leading international universities all over the world, including Thomas J. Sargent, winner of the Nobel Prize for Economics in 2011 together with Christopher A. Sims.

Prof. Sargent, Professor of Econometrics at New York University, will close the proceedings on Friday October 28th at 6 pm, by videoconference from New York. The other keynote speakers will be Christian P. Robert (University Paris Dauphine and University of Warwick) and Ulrich K. Müller (Princeton University).

This year, the main topics of discussion will deal with econometric methods for complex models, big data, and their applications to macroeconomics and finance (economic uncertainty, financial stability and risk measurement). For researchers, this is a great opportunity to become familiar with recent advances in Bayesian econometrics, including macroeconomic modeling, Panel data analysis, Bayesian simulation methods and Bayesian nonparametric studies.

The seminar is sponsored by the Department of Economics at Ca’ Foscari University, the European Central Bank, the Bank of Italy, the research and consultancy centre in economics and finance GRETA, and the International Association for Applied Econometrics.

Photo: Holger Motzkau, Wikipedia/Wikimedia Commons (cc-by-sa-3.0) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons