Macroeconomic

2012 Call for Research Proposals
from the Macro Financial Modeling (MFM) Group

The Becker Friedman Institute and the MIT Laboratory for Financial Engineering are leading a collaborative research project to develop enhanced macroeconomic models that better capture the linkages between the financial sector and the economy as a whole. With funding from the Sloan Foundation, this project will provide dissertation support to doctoral students in economics or related fields pursuing innovative work in this area.

Project Details

Program Area: Modeling Financial Sector Linkages to the Macroeconomy
Purpose: This project will lead efforts to construct better, more comprehensive models for assessing systemic risk stemming from activities in the financial sector that can impact the economy as a whole. To encourage new research in this area, we are funding relevant dissertation proposals. Specifically, we seek proposals that examine:
  • Macroeconometric models and methods with financial sector constraints
  • Software and tools that evaluate new macroeconomic models
  • Defining, measuring, and monitoring systemic risk
  • Macroprudential regulation
  • Fiscal challenges from the public sector
  • The role of accounting in financial stability
Program Information: Our objective is to begin developing enhanced macroeconomic models that can be used to help guide and shape effective economic policy and regulation. To do so, this project assembles a working group of macro and financial economists with complementary interests and skills who meet to discuss and critique current and proposed models. It provides research assistance and data sets necessary for developing new models. The group will work toward developing software for solving and evaluating these models, and provide guidance for young scholars.
Total Awards: Successful proposals will be awarded up to $16,000 to support research activity. The project will fund up to six graduate students annually. Awards may be renewed for one or two years.
Key Dates:
  • October 1, 2012 (5 p.m. CDT)—Deadline for receipt of initial proposals.
  • December 2012—Finalists notified.
  • January 2012—Funding initiated.
Contact: Amy Boonstra, Program Administrator
aboonstra@uchicago.edu
(773) 702-7307