Oxford Events, the new replacement for OxTalks, will launch on 16th March. The two-week OxTalks freeze period starts on Monday 2nd March. During this time, there will be no facility to publish or edit events. The existing OxTalks site will remain available to view during this period. Once Oxford Events launches, you will need a Halo login to submit events. Full details are available on the Staff Gateway.
Bank of England is one of the policy institutions at the frontier of exploring agent-based models (ABM) to address some of the policy questions that it is facing. In this talk, we will take you through how researchers at the Bank have been using this modelling approach to simulate complex interactions between different agents in the economy to assess the potential impact of prudential policies. The talk will mainly focus on the results from: (i) an agent-based model of the UK housing market, investigating the impact of loan-to-value and loan-to-income limits on key housing market indicators; and (ii) a macroeconomic agent-based model, studying the joint impact of borrower and lender-based prudential policies on the housing and credit markets and the economy more widely.
About the speaker:
Arzu Uluc is Research Coordinator in the Financial Stability Strategy and Risk Directorate at the Bank of England.
Please note this event will be in hybrid format but will not be recorded.
