Theme Page
Climate Change and Sovereign Risk: A Regional Analysis for the Caribbean
Climate change is an existential threat to the world economy, with complex, evolving and nonlinear dynamics that remain a source of great uncertainty. There is a bourgeoning literature on the economic impact of climate change, but research on how climate change affects sovereign risks is limited. This paper provides forward-looking regional analysis of the effects of climate change on sovereign creditworthiness, probability of default and the cost of borrowing for the Caribbean economies.
The Information Content of Conflict, Social Unrest and Policy Uncertainty Measures for Macroeconomic Forecasting
It is widely accepted that episodes of social unrest, conflict, political tensions and policy uncertainty affect the economy. Nevertheless, the real-time dimension of such relationships is less studied, and it remains unclear how to incorporate them in a forecasting framework. This can be partly explained by a certain divide between the economic and political science contributions in this area, as well as the traditional lack of availability of timely high-frequency indicators measuring such phenomena.
Advanced Computational Methods in Macroeconomics
1 Master Class
This master class will introduce some of the essential tools to undertake research in machine learning and continuous-time methods in economics.
2 Course structure
The course will be organized around three sessions of three hours (with a 20-minute break each day).