Interactive data visualisation – Can new empirical approaches in macroeconomic research reveal the true nature of our financial systems?
The Global Financial Crisis of[masked] did not only cause the biggest loss in output post World War II, its far-reaching ripple effects also revealed that interdependencies between individual players in financial systems were much higher than previously assumed. This led policy makers to push the reset button for much of macroeconomic research. The analysis of financial systems and the development of empirical approaches became top of the agenda. One of these new empirical approaches was interactive data visualisation. In my research, I review the state of financial systems visualisation, identify gaps, and set out design principles. I introduce three applications, showing how interactive data visualisation can help to analyse Interbank Networks, unconventional monetary policy and the secular rise of non-bank finance.
Speaker: Philippa Sigl-Glöckner is a Policy Officer at the Federal Ministry of Finance in Berlin and runs Dezernat Zukunft, an economic think tank. Prior to this she completed a MSc in Computing at Imperial College London, which included a research stint at the Deutsche Bundesbank. Before venturing into Computer Science, Philippa worked in development finance at the World Bank in Washington D.C. and spent a year at the Liberian Ministry of Finance. She holds a BA in Philosophy, Politics and Economics from the University of Oxford.
The Feature Image of this Meetup is a screenshot from an interactive visualisation taken from: http://philippasigl.com/MFIsEuroArea/templates/
It is also possible to watch the seminar live via our Vimeo Account: https://vimeo.com/user85814074