Econometric Game 2022

Econometric Game 2022
Watch the opening here

General

Every year, the University of Amsterdam hosts the Econometric Game, one of the most prestigious projects organized by the study association for Actuarial Science & Econometrics (VSAE) of the University of Amsterdam. The participating universities are expected to send delegations of four students majoring in econometrics or relevant studies with a maximum of two PhD students.

The 23rd edition of the Econometric Game took place from the 20th to 22nd of April 2022 with the theme ‘Inflation through the roof’. The teams were given a case study around this theme which they had to solve in two days. The ten teams with the best solutions continued to the final on day three. This was an extension of the case on day one and at the end of the day, all the finalists had to present their findings. The solutions were reviewed by a jury of qualified and independent professors.

The Case

This year’s case is developed by Marco Hoebrichts and Maurice Bun. Maurice holds a MSc in Econometrics and a PhD in Monetary Economics from Tilburg University. He held postdoc positions at
the Bank of Spain and at the Center for Financial Studies in Frankfurt before moving to the Research Department at De Nederlandsche Bank. At DNB he also worked in the Monetary Policy department and now is a senior economist in the Business Cycle and Macro-economic Analysis department. Among his tasks is to forecast inflation for the Netherlands and to brief the President on the euro area inflation. His research interests are inflation dynamics, price setting behavior by firms and wage formation.

Econometric Game 2022 – Case A

Econometric Game 2022 – Case B

About De Nederlandse Bank

De Nederlandsche Bank (DNB) seeks to safeguard financial stability and thus contributes to sustainable prosperity in the Netherlands. As an independent central bank, supervisory authority and resolution authority, DNB works in tandem with its European partners to achieve: (1) price stability and a balanced macroeconomic development in Europe; (2) a shock-resilient financial system and a secure, reliable and efficient payment system; (3) strong and sound financial institutions that meet their obligations and commitments. By issuing independent economic advice, DNB strengthens policies aimed at its primary targets.

The Jury

Maurice Bun
Maurice Bun
Casemaker & Jury

This year’s case is developed by Marco Hoebrichts and Maurice Bun. Maurice is Head of Research at De Nederlandsche Bank and an associate professor of econometrics at the University of Amsterdam. Maurice is an expert in panel data econometrics and he is particularly interested in using micro panel data to understand macroeconomic phenomena. His research agenda covers a wide range of applications in macroeconomics, international economics, empirical banking and industrial organization.

Guido Ascari is currently Professor of Economics at the University of Pavia (from 2007) and Economic Advisor and Head of Monetary Policy Research at De Nederlandsche Bank. He joined the DNB in September, after being Professor of Economics at Oxford University (2014-2021). He held a PhD from Warwick University and a Research Doctorate from the University of Pavia. His main research interest are: monetary economics, DSGE models of business cycle fluctuations, monetary and fiscal policy interaction, inflation dynamics, and expectations driven fluctuations.

Guido Ascari
Guido Ascari
Jury member
Julia Schaumburg
Julia Schaumburg
Jury member

Julia is an associate professor of econometrics and data science at Vrije Universiteit Amsterdam. Her research and teaching activities are in the area of time series and financial econometrics. She particularly enjoys developing econometric methods that can help to shed new light on empirical challenges, including (but not limited to) applications in empirical finance, financial stability, and international economics.

Finalists and findings

The winners of the 2022 edition were:

  1. University of Lausanne
  2. University of Toronto
  3. University of Warsaw

The other finalists were:

  • Aix Marseille University
  • University of Antwerp
  • Universidad Carlos III Madrid
  • Harvard University
  • University of Maastricht
  • Oxford University
  • University of Tilburg

 

Committee

Shehryar Siraj
Shehryar Siraj
Chairman

Hi! My name is Shehryar Siraj. As the Chairman of the Econometric Games committee, I am responsible for ensuring proper observation of the values and traditions of the World Championship of Econometrics which have been held for the past 23 years. I hope that you will enjoy your stay with us, meet some amazing people and be challenged by the case we have prepared for you. Good Luck!

Hi! My name is Ira de Witte and I am currently in my third year of the bachelor Econometrics. This year I am responsible for arranging an interesting case for the Econometric Game. With great pleasure the committee and I have come up with various possible themes for the case for 2022. For one of those themes, I am trying to find and assist a suitable casemaker who will help us make an interesting and challenging case for this year’s edition. Hopefully we will see you in April and good luck with the case this year!

Ira de Witte
Ira de Witte
Case & Jury
Molly Munyard
Molly Munyard
University contact

Hi! My name is Molly Munyard, I’ve lived in Amsterdam for 4 years now and am originally from London. I am currently a third year student at the University of Amsterdam. This year I will be the main point of contact for the participating universities and students. So, if any participants have a question, feel free to ask. Hopefully we will be able to make this years competition the best yet!

Hi, my name is Olga Milovanova and I am currently studying Econometrics at the UvA. This year, together with Daan, I am in chargeof the facilities. We have arranged all the locations, activities and much more for the best Econometric Game experience. I am looking forward to welcome you all in Amsterdam and wish you good luck with the case!

Olga Milanova
Olga Milanova
Facilities
Daan van den Heuvel
Daan van den Heuvel
Facilities

Hi, my name is Daan van den Heuvel and I will be working together with Olga Milovanova on the facilities this year of the Econometric Game 2022. This means I will be arranging the hotels, dining locations, activities, etc. This is the first time planning such a large scale event for me, and so far I am really enjoying it. We are very much looking forward to the event and we hope the students are as well. See you all soon!

Hello! My name is Carlo Barendse. Currently I am enrolled in the econometrics bachelor at the University of Amsterdam. I wll arrange the acquisition and marketing for the upcoming edition of the Econometric Game. At the moment. I am looking forward to meeting all participants at the several borrels in April. Good luck with this year’s challenge to all participating teams!

Carlos Barendse
Carlos Barendse
Acquisition & Marketing
Kaj Soellaart
Kaj Soellaart
Acquisition & Marketing

Hallo! My name is Kaj Soellaart, and I’m a third-year Econometrics student. I take care of the sponsors and the marketing. My goal is to create a lifelong memory for everyone involved, let’s make it happen together!

Hi! My name is Randy Griekspoor and I am the coordinator of the Econometric Game committee 2022. I am currently taking a year of my studies since I am in the board of the VSAE. As a coordinator, I keep the overview of the committee and I am the contact person between the committee and the board. I wish all the participants good luck and hope to see everyone in Amsterdam in April 2022!

Randy Griekspoor
Randy Griekspoor
Coordinator