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Threshold Inflation

After the international crisis, it was suggested that inflation targets should be raised in order to create more space for monetary policy. A study of one of our researchers proposes that the limit to raise the inflation target should be threshold inflation, defined as the rate above which price variability is detrimental to economic growth. Bayesian methods were proposed to estimate this threshold.

A free-preview of this article can be freely downloaded from ScienceDirect during a limited here:

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Threshold Inflation

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Micro-credit in Bolivia

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The Regional Effects of Micro-credit in Bolivia

Currently, BayesGroup.org is working in a research project about the regional effects of micro-credit in Bolivia, using Bayesian Spatial-Propensity Score Matching. This project is being carried out with financial and scientific support from the Partnership for Economic Policy (PEP), with funding from the Department for International Development (DFID) of the United Kingdom (or UK Aid), and the Government of Canada through the International Development Research Center (IDRC). See http://www.pep-net.org/

A policy brief of the results can be downloaded here.

http://www.sciencedirect.com/science/article/pii/S0120448315000056

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Balancing Social Accounting Matrices with Artificial Polymorphus Ants

An artificial ant colony algorithm was proposed for balancing a social accounting matrix. The approach is based on the swarm behaviour of ants, which choose an optimal path between their colony and the source of food by leaving a trace of pheromones. In the algorithms, an improvement in the balance increases the pheromones, thus rising the probability of ants moving towards the equilibrium of the matrix. This research was published in the Springer Journal of Computational economics, see:

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Threshold Inflation

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Conferencias

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Participación en conferencias

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Premio Nobel Economía / Estocolmo (Suecia) 2015

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-John Doe / Director of corlate.com

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-John Doe / Director of corlate.com