ESOBE stands for European Seminar on Bayesian Econometrics. This series of research conferences has been launched in 2010 with the first meeting in Rotterdam (with 2011 Economics Nobel Laureate Chris Sims as keynote speaker) and has been sucessfully continued in 2011 with the second meeting in Brussels. More information on previous meetings can be found at www.esobe.org. The Vienna University of Business and Economics is proud to host the third annual ESOBE Meeting on November 1-2, 2012.
The ESOBE meetings aim at bringing together researchers and professionals interested in the application of Bayesian inference. Ever since the pioneering work of Arnold Zellner, Bayesian econometrics has expanded enormously in areas such as economics, finance, business, and marketing. Empirical applications of Bayesian econometrics deal with issues such as financial time series analysis, risk management, economic growth analysis, measurement of policy effectiveness, individual decision making in marketing, labour market analysis, forecasting in monetary policy, just to name a few.
The computational revolution in simulation techniques is a key ingredient in this expansion and allows the application of Bayesian methods to increasingly complex models and high-dimensional data environments. The ESOBE meetings are intended as a discussion forum for new and recent research methods that are capable to face these challenges. These techniques include, among others, semi-parametric modelling based on mixtures, shrinkage estimators, and variable selection methods.
Objectives of ESOBE 2012
The scientific program of ESOBE 2012 will include
- Keynote talks by 2000 Economics Nobel Laureate Professor James Heckman (University of Chicago), Professor Xiao-Li Meng (Harvard University), and Omiros Papaspiliopoulos (Universitat Pompeu Fabra)
- Contributed talks
- Special session for junior scientist presentations
- Poster presentations
The scientific committee invites submission for contributed talks, junior scientist presentations, and poster presentations before August 1, 2012. Solicited topics include, but are not limited to:
- Financial econometrics
- Microeconometrics and program evaluation
- Semi-parametric methods based on countably infinite mixtures
- Shrinkage estimation and variable selection in high-dimensional data environments
- Massively parallel computing in economics and finance
- Efficient MCMC methods
Researchers who received their Ph.D. after October 2007 or expect to graduate by November 2014 may register as "junior scientist" (a detailed CV has to be submitted during registration). Junior scientists may apply for a travel award (an option offered during registration). The exact number and amount of travel awards is still under discussion and will be announced closer to the meeting. Papers submitted by junior scientists will be eligible for the Special Session of Junior Scientist Presentations.