VERA

VERA 
Venice centre in Economic and Risk Analytics for public policies

VERA Centre

The Venice centre in Economic and Risk Analytics for Public Policies (VERA) is the new Centre of the Department of Economics focusing on big data applied to social welfare and wellbeing, risk analytics and evaluation of public policies. A primary aim of the Centre is to inform policy makers and to provide scientific support for decisions concerning several policy challenges such as the sustainability of welfare systems, the phenomenon of migration, the effects of climate change, the mitigation strategies of environmental impacts, the emergence of policy and financial instability.

Venice centre in Economic and Risk Analytics for public policies (VERA)

The activities of the Centre will address four of the Ca’ Foscari Research Institutes for Global Challenges (Complexity, Social Innovation, International Studies, Green and Blue Growth) through methodologies and advanced systems based on the use of big data, social networks, georeferencing, experimental data (lab and field experiments).

One of the most important goals is to enhance production and use of big data and to develop economic, mathematical and statistical models applicable to different economic sectors such as agriculture and environment, health, finance and sustainability. These models will be in line with the objectives of industry 4.0 and the digital transformation.

The VERA Centre is funded by the Italian Ministry of Education, Universities and Research [ITA] through the Department of Excellence Project.

Objectives

Innovating research

Innovating research methods, adapting them to calculation models that can exploit the great potential of microdata and big data from different sources.

Strengthening research

Strengthening experimental research conducted in lab and field (lab and field experiments).

Improving public policies

Widening the fields of application of the analysis of and methodologies for the evaluation of public policies in order to improve their quality and effectiveness.

Training future decision makers

Training future economists and analysts able to provide scientific support for analysis and to identify potential public policy actions.

Attracting international talents

Enhancing international talent selection and recruitment in order to set up an international multidisciplinary and multicultural research team with the best talents on board.

News

The new post-COVID world: from finance to football

A team of 53 economists has explored past experiences and possible recovery scenarios in various fields of economics, business and finance, creating in just a few weeks the first book on the post-COVID world,  published by Edizioni Ca’ Foscari and downloadable for free online. The book is edited by Monica Billio, Director of the Department of Economics of the Ca’ Foscari University of Venice, and Simone Varotto, associate professor at the Henley Business School of the University of Reading.

This changes everything: how compounding COVID-19 and climate risks amplify financial shocks

A joint DEC and World Bank research project analyses the socio-economic and financial impact of COVID-19, and its interaction with climate change and financial risk, in developing countries, to inform economic policies for building resilience to future pandemics.

Covid-19: 'soft' measures can avoid the second peak

New epidemic model by economists Dario Palumbo (Ca' Foscari University of Venice) and Salvatore Lattanzio (University of Cambridge), in a study that considers "submerged" cases and their evolution over time. In Lombardy and London, only a minimal part of the cases are detected.
Read the News [ITA]

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