Research Fellowship at the University of Macerata Department Economics and Law
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Luca Romeo
May 21, 2024, 5:20:28 AM5/21/24
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We are excited to announce an open position for a Research Fellow within the Department of Economics and Law at the University of Macerata.
This opportunity is ideal for early-stage researchers aiming to deepen their expertise in macroeconomic modeling using machine learning and simulation techniques.
The research grant is fully financed with the resources of the 'CASIECO - CAlibrazione e SImulazione di un modello macroECOnomico di grandi dimensioni' (CASIECO - CAlibrazione e SImulazione di un modello macroECOnomico di grandi dimensioni) project, financed within the framework of the cascade call for fundamental research activities issued by Spoke 7 - EDGE-EXASCALE AI (Politecnico di Torino) within the 'FAIR - Future Artificial Intelligence Research' programme
The assignee will have to extend an agent-based model (or models) calibrated on real data and built to represent the Italian macroeconomic system. In particular, the model will have to contain parameters on individual and/or category (production sector/institutional) agent behavior that can be calibrated with Machine Learning (ML) techniques in order to optimize out-of-sample forecasting performance on a set of macroeconomic variables. The assignee will carry out three main activities: (i) he/she will work on the theoretical definition of behavioral rules to be included in the behavior of agents (having bounded rationality) who will then select them with ML rules, (ii) he/she will program within the model the behavioral rules and ML, and (iii) he/she will evaluate the outputs of the simulations.
The assignee will have to extend an agent-based model (or models) calibrated on real data and built to represent the Italian macroeconomic system. In particular, the model will have to contain parameters on individual and/or category (production sector/institutional) agent behavior that can be calibrated with Machine Learning (ML) techniques in order to optimize out-of-sample forecasting performance on a set of macroeconomic variables. The assignee will carry out three main activities: (i) he/she will work on the theoretical definition of behavioral rules to be included in the behavior of agents (having bounded rationality) who will then select them with ML rules, (ii) he/she will program within the model the behavioral rules and ML, and (iii) he/she will evaluate the outputs of the simulations.
Application Deadline: 02/06/2024, 1:00 PM
Position Overview: Title: Calibration with Machine Learning and Simulation of a Large Macroeconomic Model
Type of Contract: Temporary (15 months)
Job Status: Full-time Expected Start
Date: Details to be provided post-selection process
Annual Gross Salary: €23,867.05
Full details are available at: https://www.unimc.it/it/ateneo/bandi-e-concorsi/finaziamenti-ricerca/bandi-assegni-ricerca
Enquiries can be made to luca....@unimc.it
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Luca Romeo, PhD
Tenure Track Assistant Professor Computer Science
University of Macerata | UniMC
Department Economics and Law
Affiliated Researcher Istituto Italiano di Tecnologia, Genoa
Phone: (+39) 0733.258.3280
email1: luca....@unimc.it
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Luca Romeo, PhD
Tenure Track Assistant Professor Computer Science
University of Macerata | UniMC
Department Economics and Law
Affiliated Researcher Istituto Italiano di Tecnologia, Genoa
Phone: (+39) 0733.258.3280
email1: luca....@unimc.it
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