📅 2024-06-23 — Session: Developed Economic Volatility Modeling Framework
🕒 19:15–20:30
🏷️ Labels: Economic Modeling, Simulation, Github, Manuscript, Economic Shocks
📂 Project: Business
⭐ Priority: MEDIUM
Session Goal
The session aimed to develop a comprehensive framework for economic volatility modeling, focusing on simulation techniques and manuscript preparation.
Key Activities
- Discussed a novel approach to economic volatility modeling, emphasizing the separation of micro to meso and meso to macro aggregation.
- Outlined a research paper titled ‘Advanced Simulation Techniques for Modeling Economic Shocks,’ detailing its structure and empirical applications.
- Planned thematic grouping of experiments related to microshocks, bootstrap analysis, and distribution analysis.
- Defined conditions for a robust theoretical framework, emphasizing clarity, empirical support, and mathematical rigor.
- Explored advanced simulation techniques using French trade data for empirical verification.
- Developed a strategic plan for manuscript development, including GitHub repository setup and writing phases.
- Set up a GitHub repository for the project, detailing repository creation, folder structuring, and initial README setup.
Achievements
- Established a novel framework for economic volatility modeling.
- Prepared a detailed outline and plan for a research paper on economic shocks.
- Set up a GitHub repository for project management and collaboration.
Pending Tasks
- Continue manuscript development and empirical validation of the proposed models.