Macroeconomic and Financial Management in an Uncertain World: What Can We Learn from Complexity Science?

This paper discusses serious drawbacks of existing knowledge in macroeconomics and finance in explaining and predicting economic and financial phenomena. Complexity science is proposed as an alternative approach to be used in order to better understand how economy and financial market work. This paper argues that understanding characteristics of complex system could greatly benefit financial analysts, financial regulators, as well as macroeconomic policy makers.

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Year of publication:	2015-07-20
Authors:	Sitthiyot, Thitithep

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Sitthiyot, Thitithep (2015): Macroeconomic and Financial Management in an Uncertain World: What Can We Learn from Complexity Science? Published in: Thammasat Economic Journal , Vol. 3, No. 33 (December 2015): pp. 1-34.
Classification:	A10 - General Economics. General ; E00 - Macroeconomics and Monetary Economics. General ; G00 - Financial Economics. General
Source:	BASE

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