From this autumn, mathematician Verena Schwarz will conduct research at the University of Oxford for three years as holder of the renowned Glasstone Research Fellowship. In this interview, she explains why her enthusiasm for mathematics began at an early age, how research really works, and why setbacks are part of achieving successes such as this.
Strengthening resilience against shocks and crises is a key strategic goal for Europe. Technological sovereignty and a reliable energy supply are decisive factors in withstanding geopolitical tensions and economic pressures, thereby securing freedom, competitiveness, and sustainability for the people of Europe. By funding the competence centre ‘Autonomic Resilience in Dynamic Networked Systems’ (ARC for short), the Austrian Research Promotion Agency (FFG) is laying the foundation for a leading centre for collaborative research and the innovation of resilient systems. Because COMET centres are designed to run for eight years, this opens up the prospect for the long-term development of excellence and sustainable innovation. This initiative will create 30 highly skilled jobs at Lakeside Labs and the University of Klagenfurt. The largest partner is the University of Klagenfurt, which co-owns Lakeside Labs alongside BABEG.
When will inflation fall and when will economic growth accelerate? Luis Gruber, an early career researcher in Gregor Kastner’s research team at the Department of Statistics, is developing new statistical methods to help predict socially relevant topics such as economic development. It is important to note that statistics are not a crystal ball. We will not be able to predict the future with complete accuracy, which makes it all the more important to use new methods in order to demonstrate the degree of uncertainty associated with predictions.
How can we improve the prediction of systemic risks in financial and economic crises? A new research project is developing innovative Bayesian methods to model dynamic covariances – with the aim of improving forecasts and supporting political decisions.
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