Objective
The main purpose of this research is to investigate the topics of economic equilibrium under the hypothesis that stochastic variables coexist with complex behaviour.
The analysis of existence, determinacy, and dynamic peculiarity of the equilibrium will be extended to real financial, and international aspects The starting theoretical structure is a pure exchange overlapping generations model which will be complicated gradually in order to investigate how equilibrium's properties change with the changing of hypothesis.
The research should move in three directions:
? overlapping generations models and asset pricing theory,
? overlapping generations models and international economics, ? deterministic chaos and stochastic chaos.
These subject should be studied first disjointedly and then intersected on an ideal three-dimensional matrix where the axes are the three directions of research.
This methodology allow to understand which topics of equilibrium depend on specific hypothesis and which are fixed peculiarity of this kind of models. Studying international overlapping generations models a special attention is dedicate to problem of international monetary convergence and exchange rate dynamic.
Fields of science
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques.
Call for proposal
Data not availableFunding Scheme
RGI - Research grants (individual fellowships)Coordinator
1348 LOUVAIN-LA-NEUVE
Belgium