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Workshop on Economic and Financial Networks

Reported by Polytechnique
Jan 27, 2020· 2 min read
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Key Takeaways
  • • École Polytechnique is hosting a two-day "Workshop on Economic and Financial Networks" on June 8-9, 2020, at the Institute of Complex Systems in Paris, bringing together physicists, economists, and network experts from around the world to discuss cutting-edge research across economics, finance, social networks, and complex systems.
  • • The workshop is co-organized by the Economics Department and the EconophysiX Chair, with two major research initiatives driving the agenda: Isabelle Mejean's TRADENET project (funded by an ERC Starting Grant) studying firm-to-firm trade network structures and their macroeconomic effects, and the EconophysiX Research Chair focused on applying physics-inspired methodologies to economic problems.
  • • The EconophysiX Research Chair, established in early 2019 with sponsorship from Capital Fund Management (CFM) and managed by CNRS research scientist Michael Benzaquen at the Hydrodynamics Laboratory (LadHyX), represents an interdisciplinary approach to economics research combining insights from multiple scientific disciplines.
  • • The symposium aims to establish state-of-the-art research across broad network topics including firm-to-firm trade dynamics, financial market structures, social networks, and ecosystem complexity while fostering cross-disciplinary collaboration to identify emerging research questions.
Summary
École Polytechnique will convene an international workshop on Economic and Financial Networks on June 8-9, 2020, at the Institute of Complex Systems in Paris. The two-day symposium brings together a multidisciplinary cohort of physicists, economists, and network scientists to examine recent advances in network research spanning economics, finance, social networks, and complex systems modeling.

The workshop emerges from two major research initiatives at the institution. The TRADENET project, led by Isabelle Mejean and funded by a European Research Council Starting Grant, investigates the structure of firm-to-firm networks and their implications for aggregate economic outcomes. Mejean's approach combines highly disaggregated firm-level trade data with endogenous network models to understand how network topology influences macroeconomic phenomena. This research addresses fundamental questions about how interconnectedness among firms shapes broader economic performance.

The second pillar is the EconophysiX Research Chair, created in early 2019 with financial support from Capital Fund Management (CFM). Managed by Michael Benzaquen, a CNRS research scientist at the Hydrodynamics Laboratory (LadHyX), the Chair applies physics-based methodologies to economic problems, introducing novel analytical frameworks from the physical sciences into economic analysis. This interdisciplinary approach reflects a broader trend toward cross-disciplinary collaboration in tackling complex economic questions.

The workshop's stated objective is to promote synergies across expert communities by facilitating interactions between specialists from different fields, with the goal of identifying new research directions and methodologies. By bringing together researchers working on diverse network phenomena—from trade flows to financial market dynamics to ecological systems—the symposium positions itself as a venue for synthesizing knowledge across traditional disciplinary boundaries.

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Sources

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Polytechnique Workshop on Economic and Financial Networks