Basic information and workshop goals:

It is our great pleasure to invite you to the workshop on business cycles and nonlinear empirical models!

The workshop has several complementary goals. First, we will cover the standard methods used for business cycle analysis and we will apply those methods to commonly used macroeconomic data. Second, we apply the models to economic data. Finally, will briefly discuss new developments in the applied macroeconomics literature from the last few years that illustrate more advanced applications of the standard methods. The most recent work will be selected for breadth rather than depth and it’s intended to showcase different extensions and applications. Finally, we will have a chance to discuss our own research which will hopefully lead to future collaborations. This workshop was funded by the European Union NextGenerationEU under Call IIP 581 2025.

Instructor:

Irina Panovska is an Associate Professor of Economics at the University of Texas at Dallas. Her research interests are applied macroeconomics and business cycles, with a particular focus on business cycle nonlinearities, the nonlinear transmission of macroeconomic shocks to output and to labor markets, and their implications for designing policy. She received her Ph.D. in Economics from Washington University in Saint Louis in 2013. Prior to joining the UTD faculty in the fall 2019, Dr. Panovska was an assistant professor of economics at Lehigh University, where she held an endowed position for excellence in teaching and mentorship. She has held visiting positions at the University of South Wales in Sydney, Australia. She previously visited FEB in Zagreb in May 2024, June 2023, June 2022, June 2021 (virtually) and in June 2018.

Dr. Panovska has published her research in the Journal of Economic Dynamics and Control, Economics Letters, Journal of International Money and Finance, Macroeconomic Dynamics, Journal of Macroeconomics, Economic Modelling, Studies in Nonlinear Dynamics and Econometrics, Financial Management, and other highly regarded peer reviewed journals in economics, finance, and policy.  Professor Panovska served as an elected member of the Executive Committee of the Society for Nonlinear Dynamics and Econometrics and the society’s treasurer (2017-2024). She currently serves as a founding member and a conference organizer for the North Texas Economics Conference and a scientific committee member for the Society for Economics Measurement Conferences. She is an Editorial Board Member of Ekonomski Pregled.  

Workshop schedule:

The class is divided in 3 topics. Workshop will be held on May 23 (Monday), May 25 (Wednesday) and May 26 (Thursday).

Detailed information about the schedule of topics to be covered, the software that will be used, and the prerequisites for registering for the workshop can be found HERE.

Workshop venue:

University of Zagreb, Faculty of Economics and Business; Trg J. F. Kennedyja 6, Zagreb

The classrooms where the workshop will be held will be announced later, and interested participants will be notified via e-mail.

How to apply:

Participation in the workshop is completely free of charge with prior registration. You can register using the following form: https://forms.gle/HEaX6iX87EReR7Cd9. 

All participants who attend at least two of the three lectures will receive a certificate of participation in the workshop.