The project started with a thorough review of existing research on financial stability and inequality, and explored the methodologies from the mainstream and complexity economics. It also analysed empirical data, such as the Household Finance and Consumption Survey from the ECB, which shaped the project's research agenda. A standout achievement of the project was the creation of an advanced data-driven agent-based model, which was meticulously crafted to simulate the economic interactions and behaviours of diverse agents within selected EU countries. This model effectively incorporates gender-specific attributes, risk perceptions and behavioural patterns, thus offering a dynamic and realistic representation of the agents' decision-making processes. It thereby illuminates the nuanced dimensions of inequality in the EU countries. This advanced modelling approach serves as a potent tool for policymakers, economists and researchers. It will empower them to conduct scenario analyses and policy simulations, which will contribute to more informed decision-making processes.The collaboration with Amazon Web Services HPC enabled an efficient cloud-based simulation and project result dissemination. The AWS services streamlined various project aspects, including data storage, resource scaling, simulation accuracy enhancement and secure data storage. Storing data in accessible formats also aligned with the open data principles of the European Commission. The simulation explored macroprudential instruments and found that effective calibrations and combinations were vital for specific EU countries. Interestingly, the simulations revealed that while Poland achieved financial stability after the global financial crisis, its policy mix had significant adverse effects on income and wealth distribution for the middle percentiles. One of the primary avenues for exploiting the project’s results is through their direct influence on policy decisions. By shedding light on the redistributive effects of macroprudential policies, the project contributes to designing policies that can promote both financial stability and social equity. This insight could be instrumental in shaping future macroprudential regulations within the EU. The research, which was conducted in collaboration with central banks and international institutions, also established a direct link between the project's findings and influential regulatory bodies. These institutions can benefit from the project's insights when formulating and revising macroprudential policies. At the same time, the research outcomes have broader implications for the academic and research communities. They provide a foundation for further investigations into the complex interplay between financial stability and inequality. The project maintains a dedicated website, “Monetarist in Heels”, which offers detailed research information. The findings have been shared through scholarly publications, preprints, and events, including seminars, workshops and conferences. The project uses social media platforms such as X, LinkedIn and Facebook along with the University of Oxford's channels for continuous engagement and global updates. In summary, the project actively exploits its findings by influencing policy decisions as well as by contributing to academic research. Simultaneously, the project employs a multifaceted dissemination strategy that includes publications, events, public engagement and online platforms to ensure that its insights reach a diverse audience.
