On the Importance of Questioning Assumptions
Assumptions form the foundation o f statistical models and decision-making. Critically questioning thes e assumptions makes new methods and insights possible. Moreover, it d eepens our understanding of societies and ourselves. This is what Pro fessor of Econometric Methods and Applications Julia Schaumburg state d in her inaugural lecture.
My research focuses on developing m ethods at the intersection of time series econometrics, statistics, a nd machine learning. I have worked on making financial risk models mo re realistic by relaxing restrictive assumptions. My work includes mo deling financial contagion, identifying bank business models, and for ecasting interest rates.
During the coronavirus pandemic, I beg an to question my long-held assumptions about political responses to the climate crisis. Despite clear scientific evidence, action is lack ing. This led me to analyze climate and weather data, where econometr ics helps model extreme events like heat waves and floods. It also to ok me out on the streets with Scientist Rebellion.
For me, ques tioning assumptions is not merely a scientific pursuit, but a respons ibility when the facts demand action," says Schaumburg.
< /html> DESCRIPTION: On the Importance of Questioning Assumptions Assumptions form the foundation of statistical models and decision-making. Critic ally questioning these assumptions makes new methods and insights pos sible. Moreover, it deepens our understanding of societies and oursel ves. This is what Professor of Econometric Methods and Applications J ulia Schaumburg stated in her inaugural lecture.My research focuses o n developing methods at the intersection of time series econometrics, statistics, and machine learning. I have worked on making financial risk models more realistic by relaxing restrictive assumptions. My wo rk includes modeling financial contagion, identifying bank business m odels, and forecasting interest rates.During the coronavirus pandemic , I began to question my long-held assumptions about political respon ses to the climate crisis. Despite clear scientific evidence, action is lacking. This led me to analyze climate and weather data, where ec onometrics helps model extreme events like heat waves and floods. It also took me out on the streets with Scientist Rebellion.For me, ques tioning assumptions is not merely a scientific pursuit, but a respons ibility when the facts demand action," says Schaumburg. END:VEVENT END:VCALENDAR