Seminar on a Simulated Banking System

Essex
The University of Essex.

IIIM Research Scientist Dr. Jacky Mallett will speak in an Expert Seminar Series on Economic Policy and Financial Regulation and Governance at the University of Essex, England, tomorrow the fifth of February. The seminar is held as part of the course MSc Computational Economics, Financial Markets and Policy.

Dr. Mallett will speak of her unique economic simulation, Threadneedle, which is a simulation framework that allows the behaviour of banking systems and their influence on the macroeconomy to be explored in an experimental fashion. Threadneedle allows market based economic simulations to explore the influence of the banking and financial system on the macro economic behaviour of the economy, within a variety of regulatory frameworks and financial instruments.

The seminar will provide an overview of research into banking system behaviour and financial simulation using Threadneedle, with the British, American and Icelandic Banking systems as empirical examples.