The City University (CITY) - UK
The Economics Department of The City University of London is located in the School of Social Sciences and its research mission is to conduct outstanding research in economics. The department's research programme has an emphasis on rigorous economic and econometric modelling, but also a concern for practical applications in both private and public sectors. The group has an interdisciplinary expertise covering the areas of statistical mechanics, mathematical finance, financial econometrics, macroeconomics, microeconomics, and financial competition and regulation.
Main tasks in the project: City coordinates WP2 aimed at developing the financial ABM model. In particular CITY will extend current AB models to the banking Sector. Moreover the CITY staff will be responsible for the harmonization of the different extensions carried out by other consortium members. CITY will also play a significant role in the construction of the database containing fine grained microeconomic data about EU households, firms and financial institutions.
Key CITY personnel working on this project
Giulia IORI, Full Professor of Economics
She holds a BSc (1989) and a PhD (1993) degree in Physics from the University of Rome. She was a research fellow in theoretical Physics at the University of California Santa Cruz, the CEA-Saclay in Paris and the University of Barcelona. Current research interests include agent based models of market microstructure and systemic risk, complex economic networks; highfrequency financial time series analysis; derivatives pricing and hedging. She has authored more than 30 peer-reviewed papers in leading journals in Physics and Finance/Economics. Her research has been funded by the EPSRC, the ECB (Lamfalussy Fellowship), and the European Commission (FOC-II Forecasting Crisis). She is associated editor for Journal of Economic Behaviour and Organization and a member of the steering committee of the Society for Computational Economics. She has been the chair of the organizing committee of the 16th Conference in Computational Economics and Finance held at City University London in July 2010
Albert BANAL-ESTANOL, Senior Lecturer
He holds an MSc in Mathematics (1998) and a PhD in Economics (2003) from the UniversitatAutònoma de Barcelona (Spain). He is currently Senior Lecturer at the Department of Economics. Most of Albert's research lies in the areas of competition policy and regulation, industrial organisation and corporate finance. His research has been supported by the Royal Economic Society, the ESRC, and Gaz de France.
Saqib JAFAREY, Professor of Economics
He received a BSc in Chemical Engineering from the University of California and a PhD in Economics from New York University. His research interests cover dynamic macroeconomics, monetary economics, and development economics.
Enrique BENITO, Ph.D. Student
He holds an MPhil in Finance from Universidad Carlos III. Enrique works at the UK Financial Services Authority where he is responsible for the development of Basel III and its European transposition.