Six decades of economic research at the Bank of England

J Acosta, B Cherrier, F Claveau… - History of Political …, 2024 - read.dukeupress.edu
This paper discusses the transformation of the content, role, and status of economic
research at the Bank of England in the past sixty years. We show how three factors (the …

Bridging the gaping hole: central bank economists' role in the rise of macro-finance post-crisis

M Thiemann, S Priester - European Journal of Sociology/Archives …, 2024 - cambridge.org
How has mainstream academic economic discourse evolved to regain its epistemic authority
after the financial crisis of 2008 revealed serious blind spots in economic modelling that …

Reinforcement Learning for Combining Search Methods in the Calibration of Economic ABMs

A Glielmo, M Favorito, D Chanda… - Proceedings of the Fourth …, 2023 - dl.acm.org
Calibrating agent-based models (ABMs) in economics and finance typically involves a
derivative-free search in a very large parameter space. In this work, we benchmark a …

Towards a broader history of modern macroeconomics

RE Backhouse, B Cherrier - European Economic Review, 2023 - Elsevier
Anyone who has studied macroeconomics will be aware that the field changed dramatically
in the 1970s. These changes are usually associated with the introduction of models based …

Some Reflections on Financial Instability in Macro Agent-Based Models: Genealogy and Objectives

M Dal Pont Legrand - Financial Markets in Perspective: Lessons from …, 2022 - Springer
The paper aims to investigate how the macro agent-based literature, which has developed
intensively since 2000, analyzes the issue of financial instability. Within this new paradigm …

Macroeconomics under pressure: the feedback effects of economic expertise

M Renault - The European Journal of the History of Economic …, 2023 - Taylor & Francis
The influence of macroeconomists' on policymakers through economic expertise is usually
taken for granted. Yet, the reverse proposal appears far less elusive and as significant. From …