FINMAP

"Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents"

 Coordinatore CHRISTIAN-ALBRECHTS-UNIVERSITAET ZU KIEL 

 Organization address address: OLSHAUSENSTRASSE 40
city: KIEL
postcode: 24118

contact info
Titolo: Ms.
Nome: Linda
Cognome: Piálek
Email: send email
Telefono: +49 431 880 4811
Fax: +49 431 880 1560

 Nazionalità Coordinatore Germany [DE]
 Totale costo 2˙780˙947 €
 EC contributo 2˙151˙960 €
 Programma FP7-SSH
Specific Programme "Cooperation": Socio-economic Sciences and Humanities
 Code Call FP7-SSH-2013-2
 Funding Scheme CP-FP
 Anno di inizio 2014
 Periodo (anno-mese-giorno) 2014-01-01   -   2016-12-31

 Partecipanti

# participant  country  role  EC contrib. [€] 
1    CHRISTIAN-ALBRECHTS-UNIVERSITAET ZU KIEL

 Organization address address: OLSHAUSENSTRASSE 40
city: KIEL
postcode: 24118

contact info
Titolo: Ms.
Nome: Linda
Cognome: Piálek
Email: send email
Telefono: +49 431 880 4811
Fax: +49 431 880 1560

DE (KIEL) coordinator 652˙440.00
2    LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE

 Organization address address: Houghton Street 1
city: LONDON
postcode: WC2A 2AE

contact info
Titolo: Ms.
Nome: Milena
Cognome: Vasileva
Email: send email
Telefono: +44 207106 1202

UK (LONDON) participant 306˙000.00
3    ZENTRUM FUER EUROPAEISCHE WIRTSCHAFTSFORSCHUNG GmbH

 Organization address address: L 7 1
city: MANNHEIM
postcode: 68161

contact info
Titolo: Mr.
Nome: Jürgen
Cognome: Finger
Email: send email
Telefono: +49 621 1235 265
Fax: +49 621 1235 269

DE (MANNHEIM) participant 278˙400.00
4    WIRTSCHAFTSUNIVERSITAT WIEN

 Organization address address: AUGASSE 2-6
city: WIEN
postcode: 1090

contact info
Titolo: Mr.
Nome: Reinhard
Cognome: Sefelin
Email: send email
Telefono: +43 1313365109

AT (WIEN) participant 271˙200.00
5    UNIVERSITAT JAUME I DE CASTELLON

 Organization address address: AVENIDA VICENT SOS BAYNAT S/N
city: CASTELLON DE LA PLANA
postcode: 12006

contact info
Titolo: Mr.
Nome: Ismael
Cognome: Rodrigo-Martínez
Email: send email
Telefono: +34 964 387480
Fax: +34 964 387625

ES (CASTELLON DE LA PLANA) participant 253˙920.00
6    UNIVERSITA POLITECNICA DELLE MARCHE

 Organization address address: PIAZZA ROMA 22
city: ANCONA
postcode: 60121

contact info
Titolo: Prof.
Nome: Francesco Maria
Cognome: Chelli
Email: send email
Telefono: +39 0712207054
Fax: +39 0712207102

IT (ANCONA) participant 198˙000.00
7    "USTAV TEORIE INFORMACE A AUTOMATIZACE AV CR, v.v.i."

 Organization address address: POD VODARENSKOU VEZI 4
city: PRAHA
postcode: 18208

contact info
Titolo: Ms.
Nome: Jaroslava
Cognome: Maresova
Email: send email
Telefono: 420266000000

CZ (PRAHA) participant 192˙000.00

Mappa


 Word cloud

Esplora la "nuvola delle parole (Word Cloud) per avere un'idea di massima del progetto.

liquidity    credit    investigates    monetary    economic    policy    markets    distress    bubbles    real    market    crashes    financial   

 Obiettivo del progetto (Objective)

'The ability of financial markets to bear risk is central to economic welfare and stability. Growth and economic wellbeing is inhibited if financial markets are unable to transfer resources efficiently from the suppliers of liquidity to entrepreneurs. However, this proper functioning of financial markets has been distorted by levels of volatility considerably in excess of those implied by fundamentals. Markets have undergone dramatic crashes and they display speculative bubbles with market prices far removed from their equilibrium values. Economic research has hitherto been able to make only limited progress in resolving these important practical and policy relevant issues of the apparent instability in financial markets. This proposal seeks to develop elements of a new paradigm which (i) explicitly takes into account the existence of various forms of heterogeneous, boundedly rational behaviour in financial markets as well as in goods and labour markets, (ii) investigates the potential of such behaviour to generate bubbles, crashes and a system-wide break down of activity as collective outcomes of individual activities, (iii) investigates the linkages and repercussions between the complex area of financial activity and real economic activity which could be affected by e.g., the cancellation of credit lines and a breakdown of expected liquidity provision, (iv) studies how the transmission channel of monetary policy works in times of distress in the financial markets (particularly the interbank market) and how it could restore the credit flow from banks to companies operating in the real sector. We will adopt a methodologically pluralistic approach trying to augment existing macro models and construct new (agent-based) ones from bottom-up. The results will provide insights into the consequences of different modelling paradigms for the conduct of monetary policy, and in particular, appropriate reactions of monetary authorities to prevalent financial distress.'

Altri progetti dello stesso programma (FP7-SSH)

SOCIETY (2013)

Social Innovation - Empowering the Young (SocIEtY) for the Common Good

Read More  

MEDIAACT (2010)

Media Accountability and Transparency in Europe

Read More  

IRISS (2012)

Increasing Resilience in Surveillance Societies

Read More