Skip to content. | Skip to navigation

Personal tools

Sections
HomeNewsLindau Nobel - Highlight 21 August: prosperity and growth in a globalised world

Lindau Nobel - Highlight 21 August: prosperity and growth in a globalised world

‘The morning of the second official day of the 5th Lindau Nobel Laureate Meeting on Economic Sciences  was wholly dominated by the inequitable distribution of prosperity and growth in a globalised world.’ 
Here is Stefan Debortoli, MSc, Scientific Associate and doctoral candidate at the Hilti Chair of Business Process Management, with his highlight of the day.
 
‘The morning of the second official day of the 5th Lindau Nobel Laureate Meeting on Economic Sciences  was wholly dominated by the inequitable distribution of prosperity and growth in a globalised world.’ 
Here is Stefan Debortoli, MSc, Scientific Associate and doctoral candidate at the Hilti Chair of Business Process Management, with his highlight of the day.
 

‘The key message of Professor Maskin was that free access to education is the only way of redressing the balance. The panel discussion in the afternoon was dedicated to the future of econometrics, taking into account the fact that we are living in an age of big data. The possibility of registering and analysing data on practically all the events of the world provides a basis for drawing up more accurate, but at the same time more complex models for the explanation and prediction of economic processes. This new and complementary mode of research, on the other hand, does call for skills which hitherto have not formed part of the basic training of an economic scientist.



‘The members of the panel were unanimously agreed that a deep understanding of the analysis and interpretation of big data (especially with the help of the programming and application of new statistical methods) will be crucial in future for the success of economists.’ 

Stefan Debortoli live from Lindau

Further impressions and experiences of the four young researchers may be found at
www.uni.li/lindaunobel
www.facebook.com/uni.li
twitter.com/uni_li