Università Cattolica del Sacro Cuore

The Complexity Lab in Economics (CLE)

Director: prof. Domenico Delli Gatti



The "Complexity Lab in Economics" (CLE) was established in December 2014 to encourage research on the applications of complexity to economic modeling, with special emphasis on ABMs, networks, experiments. Its main research areas are:

Macro-financial Agent-Based Models: we aim at building and exploring the properties of macroeconomic models with heterogeneous and interacting agents to study aggregate economic fluctuations and crises.

Financial Networks: we aim at building and exploring the properties of networks of borrowing/lending relationships, e.g. among financial institutions or among banks and firms/households. These networks are vehicles for the diffusion of financial contagion and systemic risk.

Behavioral macroeconomics: we aim at building and testing macroeconomic models in which agents’ information set and cognitive abilities are limited, emphasizing the role of heterogeneity in expectation formation mechanisms.

Laboratory experiments: these models can then be tested by means of laboratory experiments with human subjects. Macroeconomic experiments is an exciting new branch of experimental economics. 

5th Workshop in Macro Banking and Finance

Milan, September 14-15, 2017

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AXA Research Fund Post-doc scholarship: Cognitive biases, perceived wealth and macroeconomic instability

Alberto Cardaci, currently post doc researcher at CLE, has won the AXA Research Fund Post-doc scholarship. The project will start in September 2017 and will last 2 years.

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22nd Annual Workshop on the Economic Science with Heterogeneous Interacting Agents (WEHIA)

Milano - June 12-14, 2017

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» To dowload the slides of the plenary talks click here.

CLE - Annual Lecture by Peter Bofinger

Thursday 15 June 2017, 11.30-13.00 in Aula Manzoni (Largo Gemelli 1, Milano)
The Crisis of the Eurozone: What Went Wrong and What Can Be Done to Save the Euro?
To register please write to Eleni.Papageorgiou@unicatt.it. Registration is free.
 

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» To dowload the slides click here.

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Inaugural lecture by Joseph Stiglitz

"Imagining an Economics that Works: Crisis, Contagion and the Need for a New Paradigm". 

» To download the slides click here