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.
