On the Importance of Qu estioning Assumptions
Assumptions form the foundation of stati stical models and decision-making. Critically questioning these assum ptions makes new methods and insights possible. Moreover, it deepens our understanding of societies and ourselves. This is what Professor of Econometric Methods and Applications Julia Schaumburg stated in he r inaugural lecture.
My research focuses on developing methods at the intersection of time series econometrics, statistics, and mach ine learning. I have worked on making financial risk models more real istic by relaxing restrictive assumptions. My work includes modeling financial contagion, identifying bank business models, and forecastin g interest rates.
During the coronavirus pandemic, I began to q uestion my long-held assumptions about political responses to the cli mate crisis. Despite clear scientific evidence, action is lacking. Th is led me to analyze climate and weather data, where econometrics hel ps model extreme events like heat waves and floods. It also took me o ut on the streets with Scientist Rebellion.
For me, questioning assumptions is not merely a scientific pursuit, but a responsibility when the facts demand action," says Schaumburg.
DESCRIPTION: Assumptions form the foundation of statistical models and decision-making. Critically questioning these assumptions makes new methods and insights possible. Moreover, it deepens our understanding of societies and ourselves. This is what Professor of Econometric Me thods and Applications Julia Schaumburg stated in her inaugural lectu re. My research focuses on developing methods at the intersection of time series econometrics, statistics, and machine learning. I have wo rked on making financial risk models more realistic by relaxing restr ictive assumptions. My work includes modeling financial contagion, id entifying bank business models, and forecasting interest rates. Durin g the coronavirus pandemic, I began to question my long-held assumpti ons about political responses to the climate crisis. Despite clear sc ientific evidence, action is lacking. This led me to analyze climate and weather data, where econometrics helps model extreme events like heat waves and floods. It also took me out on the streets with Scient ist Rebellion. For me, questioning assumptions is not merely a scient ific pursuit, but a responsibility when the facts demand action," say s Schaumburg. On the Importance of Questioning Assumptions END:VEVENT END:VCALENDAR