Rebuilding Macroeconomics

重建宏观经济

基本信息

  • 批准号:
    ES/R00787X/2
  • 负责人:
  • 金额:
    $ 45.41万
  • 依托单位:
  • 依托单位国家:
    英国
  • 项目类别:
    Research Grant
  • 财政年份:
    2021
  • 资助国家:
    英国
  • 起止时间:
    2021 至 无数据
  • 项目状态:
    已结题

项目摘要

The need for new ideas in macroeconomics is evident. Most macroeconomists not only failed to recognise the weaknesses in the global economy before the financial crisis, their main macroeconomic model specifically excluded the possibility of financial vulnerability. Assumptions about human behaviour and how markets operate have undermined the effectiveness of macroeconomics as a guide for practical policy making. The National Institute of Economic and Social Research (NIESR) is the UK's foremost macroeconomics research institute outside of the university sector. As our mission is to understand the economic forces that shape peoples' lives and to influence policy. We are free of political and commercial interests and the constraints that can inhibit university departments.Our network, Rebuilding Macroeconomics, would start the transformation of macroeconomics back into a useful policy science. We have created a team of 25 world-class social scientists from economics, psychology, anthropology, sociology, neuroscience, economic history, political science, biology and physics all renowned for challenging mainstream ideas to spear-head this effort. Rebuilding Macroeconomics will challenge the central assumptions and methods of modern macroeconomics and identify the building blocks for a new and genuinely relevant macroeconomics. Our network will create ran opportunity for scholars, policy makers and practitioners to coalesce around a substantive macroeconomic policy question and to explore, learn from and challenge each other's assumptions and ways of thinking and to consider possible new methods of investigation.The Rebuilding Macroeconomics leadership team of will provide guidance by finding broad research agendas through a process of both guidance and discovery, through dialogue across the UK, that (a) directly address important macroeconomic policy issues, (b) facilitate research that would not be done otherwise, (c) bring new methodologies to bear in macroeconomics, and (d) that can attract enough scholars to launch and sustain an effective future research agenda. Our leadership team will commission several targeted proof-of-concept 'pilot projects' that are truly innovative, most promising and additional to existing macroeconomic research. The decisions will be taken in an open and transparent manner as befits public funds. An Advisory Group will oversee the disbursements to ensure that the projects meet our requirements listed above. The RM network will offer value for money. Most Co-Investigators have signalled their willingness to work on a pro bono basis to maximise the amount of research money available for the best ideas. The allocation of funds will be made public through a transparent process. NIESR will ensure that the Network engages with the public through social and traditional media. We will use podcasts and an App to describe the 'pilot projects' and reconnect with the public through a series of televised or recorded lively debates on key macroeconomic issues that define our research agenda. The Network will also engage with other networks in the UK and overseas to ensure as wide as possible influence and to achieve synergies with existing ESRC investments. The team will ensure that the Network is sustainable by engaging with student groups and doctoral students and catalysing innovative and interdisciplinary ideas for policy relevant research. We will look to incorporate some the most promising ideas in school and college curriculums.At the end of the funding period, the leadership team will carry out a comprehensive review and deliver a roadmap for future macroeconomic research. This will include an analysis of the areas of greatest research potential, greatest policy relevance and the bottlenecks to be overcome to realise the full potential. Given the current exceptional economic circumstances, the Network has the opportunity to have a far-reaching and very positive impact on society.
宏观经济学对新思想的需求是显而易见的。大多数宏观经济学家不仅没有认识到金融危机前全球经济的弱点,他们的主要宏观经济模型还专门排除了金融脆弱性的可能性。关于人类行为和市场运作方式的假设削弱了宏观经济学作为实际政策制定指南的有效性。国家经济与社会研究所 (NIESR) 是英国大学部门之外最重要的宏观经济学研究机构。我们的使命是了解塑造人们生活并影响政策的经济力量。我们摆脱了政治和商业利益以及可能抑制大学部门的限制。我们的网络“重建宏观经济学”将开始将宏观经济学转变为有用的政策科学。我们组建了一支由 25 名来自经济学、心理学、人类学、社会学、神经科学、经济史、政治学、生物学和物理学领域的世界级社会科学家组成的团队,他们都以挑战主流思想而闻名,以带头开展这项工作。重建宏观经济学将挑战现代宏观经济学的中心假设和方法,并确定新的、真正相关的宏观经济学的基石。我们的网络将为学者、政策制定者和从业者创造机会,围绕实质性宏观经济政策问题进行合作,探索、学习和挑战彼此的假设和思维方式,并考虑可能的新调查方法。重建宏观经济学领导团队将通过指导和发现的过程,通过英国各地的对话,找到广泛的研究议程,从而提供指导,(a) 直接解决重要的宏观经济问题 政策问题,(b) 促进原本无法进行的研究,(c) 在宏观经济学中引入新的方法,以及(d) 能够吸引足够多的学者来启动和维持有效的未来研究议程。我们的领导团队将委托开展几个有针对性的概念验证“试点项目”,这些项目是真正创新的、最有前途的,并且是对现有宏观经济研究的补充。这些决定将以适合公共基金的公开、透明的方式做出。咨询小组将监督支出,以确保项目满足我们上面列出的要求。 RM 网络将提供物有所值的服务。大多数联合研究人员都表示愿意无偿工作,以最大限度地利用最佳想法的研究资金。资金分配将通过透明的过程公开。 NIESR 将确保该网络通过社交和传统媒体与公众互动。我们将使用播客和应用程序来描述“试点项目”,并通过一系列电视或录制的关于定义我们研究议程的关键宏观经济问题的激烈辩论与公众重新建立联系。该网络还将与英国和海外的其他网络合作,以确保尽可能广泛的影响力,并与现有的 ESRC 投资实现协同效应。该团队将通过与学生团体和博士生合作以及促进政策相关研究的创新和跨学科思想来确保该网络的可持续性。我们将寻求将一些最有前途的想法纳入学校和大学课程中。在资助期结束时,领导团队将进行全面审查并为未来宏观经济研究提供路线图。这将包括对最具研究潜力、最大政策相关性的领域以及实现全部潜力需要克服的瓶颈进行分析。鉴于当前特殊的经济形势,该网络有机会对社会产生深远且非常积极的影响。

项目成果

期刊论文数量(9)
专著数量(0)
科研奖励数量(0)
会议论文数量(0)
专利数量(0)
News and narratives in financial systems: Exploiting big data for systemic risk assessment
金融系统中的新闻和叙述:利用大数据进行系统性风险评估
Private equity and the regulation of financialised infrastructure: the case of Macquarie in Britain's water and energy networks
私募股权和金融化基础设施的监管:麦格理在英国水和能源网络中的案例
  • DOI:
    10.1080/13563467.2022.2084521
  • 发表时间:
    2022
  • 期刊:
  • 影响因子:
    4.2
  • 作者:
    Bayliss K
  • 通讯作者:
    Bayliss K
Narratives as a coordinating device for reversing regional disequilibrium
叙事作为扭转区域不平衡的协调手段
Thermoeconomics: An axiomatic theory of aggregate economic phenomena
热经济学:总体经济现象的公理理论
  • DOI:
    10.2139/ssrn.4629545
  • 发表时间:
    2023
  • 期刊:
  • 影响因子:
    0
  • 作者:
    Chater N
  • 通讯作者:
    Chater N
Narrative Expectations in Financial Forecasting
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Angus Armstrong其他文献

Angus Armstrong的其他文献

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{{ truncateString('Angus Armstrong', 18)}}的其他基金

Rebuilding Macroeconomics
重建宏观经济
  • 批准号:
    ES/R00787X/1
  • 财政年份:
    2017
  • 资助金额:
    $ 45.41万
  • 项目类别:
    Research Grant
Rethinking Macroeconomics
重新思考宏观经济学
  • 批准号:
    ES/P011403/1
  • 财政年份:
    2017
  • 资助金额:
    $ 45.41万
  • 项目类别:
    Research Grant
EU Membership and the 'British Dilemma'
欧盟成员国身份和“英国困境”
  • 批准号:
    ES/N015584/1
  • 财政年份:
    2016
  • 资助金额:
    $ 45.41万
  • 项目类别:
    Fellowship
Currency and Fiscal Policy Options for an independent Scotland
独立苏格兰的货币和财政政策选择
  • 批准号:
    ES/K007181/1
  • 财政年份:
    2013
  • 资助金额:
    $ 45.41万
  • 项目类别:
    Fellowship
The Future of Banking
银行业的未来
  • 批准号:
    ES/K008056/1
  • 财政年份:
    2013
  • 资助金额:
    $ 45.41万
  • 项目类别:
    Research Grant

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