Jochen Jungeilges
Professor
Jochen A. Jungeilges is a Professor of Economics in the School of Business and Law at the University of Agder. He holds master degrees in Economics (University of Bielefeld) and Applied Statistics (Louisiana State University), a PhD in Economics (University of Bielefeld), and a Habilitation (University of Osnabrueck). In the past he held teaching and research positions in the economics departments at Osnabrueck University (C1), Washington University (St. Louis, visiting scholar), Christian Albrecht University (Kiel), Ruhr University (Bochum) and University of Bielefeld. His research efforts are concentrated in economic dynamics and applied econometrics. Particular research interests relate to the fields of non-linear deterministic and stochastic dynamic systems in micro and macroeconomics, statistical methodology, and empirical social choice.
His work has been published in, amongst others, the Journal of the European Economic Association, Communications in Non-linear Science & Numerical Simulation, Journal of Econometrics, Journal of Economic Behavior & Organization. Jungeilges has contributed to book projects published by Springer and Cambridge University Press.
Jungeilges engages in faculty duties as appointment boards or contact visits to potential foreign partner universities. He has been involved in international dissertation procedures. Apart from presenting research results to the local and the international scientific community, he works as a referee for various international journals.
Courses and teaching
Teaching contributions
- Financial Econometrics (SE-419)
- Empirical Finance (SE-510)
- Machine Learning with Applications in Finance (SE-507)
- Supervision of master theses in the areas of economics and finance (SE-501)
Academic interests
Academic interests
In current research Jungeilges and collaborators study transitions ocurring between coexisting attractors of stochastic dynamic systems. Focus on transition phenomena in the presence of multistability in a discrete time stochastic dynamic consumption model and a stochastic financial market model. Analytical tools like the stochastic sensitivity function and the related technique of confidence domains are combined with numerical simulation to gain an understanding of the tranisition phenomenon.
In a recent macroeconomic project Jungeilges studied a stochastic version of Goodwin's business cycle model establishing the fact that it generates significant fluctuation in output volatility along the business cycle. Subsequently, he is addressing the problem of estimability of the sensitivity function associated with the stochastic cycle.
Jungeilges currently became interested in applying concepts from network analysis to the analysis of non-linear financial time series. For instance, in a recent effort he applies visibility graphs to characterize a GARCH process.
Projects
Jochen Jungeilges is actively involved in the following research groups/initiatives:
- Research group ''CNI - Competition, Networks
- and Institutions'' (UiA)
- Research initiative ''Transition in Stochastic Dynamic Economic Systems'' involving Prof. Tatyana Ryazanova (Ural Federal University, Russian Federation) and Irina Sushko (University of Kiev; Ukraine)
- Ural Mathematical Center (UrFU)
- International research project "Determinants of equity judgements in medical and financial contexts" with Prof. Theis Theisen and Prof. Dr. Dr. Marlies Alert (Martin-Luther-Universitaet Halle-Wittenberg) initiated by Norwegian Science Foundation Project 208079.
Scientific publications
- Jungeilges, Jochen; Nilssen, Torstein; Pavletsov, Makar; Perevalova, Tatyana (2024). Consumption Dynamics in Mixed-Income Neighborhoods with Connected Households: Consumption dynamics in mixed-income..: J. Jungeilges et al.. Computational Economics. ISSN: 0927-7099. doi:10.1007/s10614-024-10774-3.
- Jungeilges, Jochen; Pavletsov, Makar; Perevalova, Tatyana (2022). Noise-induced behavioral change driven by transient chaos. Chaos, Solitons & Fractals. ISSN: 0960-0779. 158doi:10.1016/j.chaos.2022.112069.
- Jungeilges, Jochen; Maklakova, Elena; Perevalova, Tatyana (2021). Asset price dynamics in a “bull and bear market”. Structural Change and Economic Dynamics. ISSN: 0954-349X. 56s 117 - 128. doi:10.1016/j.strueco.2020.08.001.
- Jungeilges, Jochen; Maklakova, Elena; Perevalova, Tatyana (2021). Stochastic sensitivity of bull and bear states. Journal of Economic Interaction and Coordination. ISSN: 1860-711X. doi:10.1007/s11403-020-00313-2.
- Jungeilges, Jochen; Nilssen, Trygve Kastberg; Perevalova, Tatyana; Satov, Alexander (2021). Transitions between metastable long-run consumption behaviors in a stochastic peer-driven consumer network. Discrete and continuous dynamical systems. Series B. ISSN: 1531-3492. 26 (11). s 5849 - 5871. doi:10.3934/DCDSB.2021232.
- Jungeilges, Jochen; Ryazanova, Tatyana (2019). Transitions in consumption behaviors in a peer-driven stochastic consumer network. Chaos, Solitons & Fractals. ISSN: 0960-0779. 128s 144 - 154. doi:10.1016/j.chaos.2019.07.042.
- Ekaterinchuk, Ekaterina; Jungeilges, Jochen; Ryazanova, Tatyana; Sushko, Iryna (2017). Dynamics of a minimal consumer network with bi-directional influence.. Communications in nonlinear science & numerical simulation. ISSN: 1007-5704. 58s 107 - 118. doi:10.1016/j.cnsns.2017.04.007.
- Jungeilges, Jochen; Ryazanova, Tatyana (2018). Output volatility and savings in a stochastic Goodwin economy. Eurasian Economic Review (EAER). ISSN: 1309-422X. 8 (3). s 355 - 380. doi:10.1007/s40822-017-0088-7.
- Jungeilges, Jochen; Ryazanova, Tatyana; Mitrofanova, Anastasia; Popova, Irina (2018). Sensitivity Analysis of Consumption Cycles. Chaos. ISSN: 1054-1500. 28 (5). doi:10.1063/1.5024033.
- Ekaterinchuk, Ekaterina; Jungeilges, Jochen; Ryazanova, Tatyana; Sushko, Iryna (2017). Dynamics of a minimal consumer network with uni-directional influence. Journal of evolutionary economics. ISSN: 0936-9937. s 1 - 27. doi:10.1007/s00191-017-0517-5.
- Jungeilges, Jochen; Ryazanova, Tatyana (2017). Noise-induced transitions in a stochastic Goodwin-type business cycle model. Structural Change and Economic Dynamics. ISSN: 0954-349X. 40s 103 - 115. doi:10.1016/j.strueco.2017.01.003.
- Jungeilges, Jochen (2012). Nobels Minnepris i Økonomi 2011. Agder Vitenskapsakademi. Årbok 2011. ISBN: 978-82-92712-69-6. Portal forlag. Akademiets Nobelmøte. s 166 - 176.
- Jungeilges, Jochen; Theisen, Theis (2011). State dependence in sequential equity judgements. Social Choice and Welfare. ISSN: 0176-1714. 37 (1). s 97 - 119. doi:10.1007/s00355-010-0482-5.
- Jungeilges, Jochen; Theisen, Theis (2008). A comparative study of equity judgements in Lithuania and Norway. The Journal of Socio-Economics (JSE). ISSN: 1053-5357. 37 (3). s 1090 - 1118.
- Jungeilges, Jochen (2007). On Chaotic Consistent Expectations Equilibria. Analyse & Kritik. Zeitschrift für Sozialtheorie. ISSN: 0171-5860. 29 (2). s 382.
- Jungeilges, Jochen (2023). Long Transients in Economics and Finance.
- Jungeilges, Jochen (2023). Estimating critical sensitivity of bull- and bear states in an asset market.
- Nilssen, Trygve Kastberg; Jungeilges, Jochen; Ryazanova, Tatyana (2019). Modelling behavioral change in a peer-driven consumer network.
Sectors
Last changed: 11.01.2022 14:01