Overview

INET was founded in the wake of the 2008 financial crisis on the belief that new economic ideas are needed to help create a financial system that is less prone to crises and that better supports societal objectives of inclusive economic growth. INET Oxford researchers have pioneered new ways of modelling the financial economy (including using network models, agent-based models, and machine learning) to explore issues ranging from the formation of bubbles, to financial contagion, and new measures of risk. The team have also worked on issues relating to feedbacks between the financial economy and broader economic system.

The Institute has worked closely with policymakers, including major central banks, finance ministries, and financial regulators. Some of the topics addressed include the role of housing, the impact of Basel II regulations, new methods of financial system stress testing, and climate related risks for the financial sector.

Related Projects


Recent Publications

Mar 2025
Journal
Agent-Based Modeling in Economics and Finance: Past, Present, and Future
in Journal of Economic Literature
Robert Axtell ,  J. Doyne Farmer
Feb 2025
INET Working Paper
No. 2025-05 - Agent-based modeling at central banks: recent developments and new challenges
András Borsos ,  Adrián Carro ,  Aldo Glielmo ,  Marc Hinterschweiger ,  Jagoda Kaszowska-Mojsa ,  Arzu Uluc
Jan 2025
INET Working Paper
Jan 2025
Report
Enabling Adaptation: Sustainable Fiscal Policies for Climate Resilient Development and Infrastructure
Nicola Ranger ,  Mathias Weidinger ,  Mark Bernhofen ,  Matt Burke ,  Roosa Lambin ,  Akaraseth Puranasamriddhi ,  Juan Sabuco ,  Roberto Spacey Martín
Dec 2024
Journal
The impact of prudential regulation on the UK housing market and economy: Insights from an agent-based model
in Journal of Economic Behavior & Organization
Marco Bardoscia ,  Adrián Carro ,  Marc Hinterschweiger ,  Mauro Napoletano ,  Lilit Popoyan ,  Andrea Roventini ,  Arzu Uluc
Nov 2024
Journal
Nov 2024
Paper
Oct 2024
Paper
A Climate Scenario Taxonomy for the Financial Sector
David Wilkinson ,  Moritz Baer ,  Chris Cormack ,  Alexandre C. Köberle ,  Jason Lowe ,  Erica Thompson
Sept 2024
INET Working Paper
No. 2024-06 - Forecasting Macroeconomic Dynamics using a Calibrated Data-Driven Agent-based Model
Samuel Wiese ,  Jagoda Kaszowska-Mojsa ,  Joel Dyer ,  Jose Moran ,  Marco Pangallo ,  François Lafond ,  John Muellbauer ,  Anisoara Calinescu ,  J. Doyne Farmer
Sept 2024
Journal
Approximate Bayesian Computation with Path Signatures
in Proceedings of the Fortieth Conference on Uncertainty in Artificial Intelligence
Joel Dyer ,  Patrick Cannon ,  Sebastian M Schmon
Sept 2024
Chapter
Aug 2024
Paper
Inferring firm-level supply chain networks with realistic systemic risk from industry sector-level data
Massimiliano Fessina ,  Giulio Cimini ,  Tiziano Squartini ,  Pablo Astudillo-Estévez ,  Stefan Thurner ,  Diego Garlaschelli
Jun 2024
Journal
Global economic order and global economic governance
in Oxford Review of Economic Policy
Daniel Susskind ,  David Vines
View All Related Publications

Who's Involved