📅 2024-08-26 — Session: Economic Networks and Volatility Analysis
🕒 17:15–17:45
🏷️ Labels: Economic Networks, Volatility, Academic Writing, Course Development
📂 Project: Business
⭐ Priority: MEDIUM
Session Goal
The session focused on exploring the intricacies of economic networks and their role in aggregate volatility, alongside structuring academic and educational materials on the topic.
Key Activities
- Variance Calculations and Network Structures: Reflected on the importance of variance calculations and network structures in understanding economic volatility, emphasizing dominant terms and error propagation.
- Academic Paper Development: Structured notes for developing a coherent academic paper, focusing on methodology and literature review.
- Revisiting Aggregate Volatility: Critiqued Acemoglu et al.’s assumptions on aggregate volatility, proposing a nuanced input-output model.
- Abstract Revision: Revised an abstract on economic shock propagation in network structures, highlighting model limitations.
- Modeling Shock Propagation: Discussed network structures’ impact on aggregate volatility, critiquing existing models and proposing refinements.
- Course Development: Drafted notes and outlined a course on economic networks, covering the Leontieff Input-Output model and shock propagation.
Achievements
- Developed insights into variance calculations and network structures.
- Structured a plan for an academic paper and course on economic networks.
- Proposed refined models for understanding economic volatility.
Pending Tasks
- Further development of the academic paper and course materials.
Outcomes
The session concluded with a deeper understanding of economic networks’ role in volatility and a structured approach to academic and educational content development.