European Tribune - Comments - European Salon de News, Discussion et Klatsch

European Salon de News, Discussion et Klatsch - 11 November | 173 comments (173 topical, 0 editorial, 0 hidden)

Just mindlessly shooting from the hip, I'd say ability to calculate percolation thresholds would come handy as well... I wouldn't discount neo-classical econ, especially the recent vintages heavy on asymmetric info, moral hazard, and agency problems, but behavioral finance probably would get a boost from these people.

There was a WSJ feature several days ago on introducing financial considerations (fin markets, banking industry, housing, frictions of different kinds) into DSGE (mostly) models. This is an extremely active area of research right now (couldn't get enough students to engage), shows some promise.

by Sargon on Wed Nov 11th, 2009 at 09:18:09 AM EST
[ Parent ]

Re: More Buiter (none / 0)

How about interdisciplinary teams?

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Wed Nov 11th, 2009 at 09:23:12 AM EST
[ Parent ]

Re: More Buiter (none / 0)

Write to Trichet and Bernanke :) but on the other hands, people are taking standard network research pretty seriously these days.

by Sargon on Wed Nov 11th, 2009 at 10:34:56 AM EST
[ Parent ]

Re: More Buiter (4.00 / 2)

I was listening to Trichet's speech about as week ago, and was shocked to hear words "nonlinearity"and "phase transition" there. No one knows how serious he was.

by Sargon on Wed Nov 11th, 2009 at 12:33:30 PM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 11 November | 173 comments (173 topical, 0 editorial, 0 hidden)

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