Dr. Noemi Schmitt

Akademische R?tin (a.Z.)  

Otto-Friedrich-Universit?t Bamberg
Lehrstuhl für VWL, insb. Wirtschaftspolitik
Feldkirchenstr. 21                                                 
96045 Bamberg

Raum: F21/02.03b
Tel.: [+49] (951) 863-2748
E-Mail: noemi.schmitt(at)uni-bamberg.de

Sprechstunde: Mittwoch, 14:00 - 15:00 Uhr, Dienstag  (Mathematica), 12:00 - 14:00 Uhr

Curriculum Vitae(441.1 KB, 4 Seiten)

Research Interests

• Agent-based modeling, dynamics of financial markets and market interactions.
• Nonlinear dynamics, heterogeneous agents, bounded rationality and market instabilities.

Publications

• Gardini, L., Radi, D., Schmitt, N., Sushko, I. and Westerhoff, F. (2025): On the limits of informationally efficient stock markets: New insights from a chartist-fundamentalist model. International Review of Financial Analysis, Vol. 105, Article 104436
• Gardini, L., Radi, D., Schmitt, N., Sushko, I. and Westerhoff, F. (2024): New Economic Era Thinking and Stock Market Bubbles: A Two-Dimensional Piecewise Linear Discontinuous Map Approach. In: Elaydi, S., Gardini L., and Tikjha, W. (eds.): New Developments in Discrete Dynamical Systems, Difference Equations, and Applications. Springer, Berlin, 173-202.
• Gardini, L., Radi, D., Schmitt, N., Sushko, I. and Westerhoff, F. (2024): On boom-bust stock market dynamics, animal spirits and the destabilizing nature of temporarily attracting virtual fixed points. Macroeconomics Dynamics, forthcoming.
• Gardini, L., Radi, D., Schmitt, N., Sushko, I. and Westerhoff, F. (2024): Bifurcation structures of a two-dimensional piecewise-linear discontinuous map: analysis of a cobweb model with regime-switching expectations. Nonlinear Dynamics, forthcoming.
• Gardini, L., Radi, D., Schmitt, N., Sushko, I. and Westerhoff, F. (2024): Exchange rate dynamics and central bank interventions: On the (de)stabilizing nature of targeting long-run fundamentals interventions. Nonlinear Dynamics, Psychology, and Life Sciences, Vol. 28, No. 2, 261-287.
• Gardini, L., Radi, D., Schmitt, N., Sushko, I. and Westerhoff, F. (2023): A 2D piecewise-linear discontinuous map arising in stock market modeling: two overlapping period-adding bifurcation structures. Chaos, Solitons and Fractals, Vol. 176, Article 114143.
• Gardini, L., Radi, D., Schmitt, N., Sushko, I. and Westerhoff, F. (2023): Sentiment-driven business cycle dynamics: An elementary macroeconomic model with animal spirits. Journal of Economic Behavior and Organization, Vol. 210, 342-359.
• Dieci, R., Mignot, S., Schmitt, N. and Westerhoff, F. (2023): Production delays, supply distortions and endogenous price dynamics.Communications in Nonlinear Science and Numerical Simulation, Vol. 117, Article 106887.
• Gardini, L., Radi, D., Schmitt, N., Sushko, I. and Westerhoff, F. (2022): Perception of fundamental values and financial market dynamics: Mathematical insights from a 2D piecewise linear map. SIAM Journal on Applied Dynamical Systems, Vol. 21, 2314-2337.
• Gardini, L., Radi, D., Schmitt, N., Sushko, I. and Westerhoff, F. (2022): Currency manipulation and currency wars: analyzing the dynamics of competitive central bank interventions.  Journal of Economic Dynamics and Control, Vol. 145, Article 104545.
• Gardini, L., Radi, D., Schmitt, N., Sushko, I. and Westerhoff, F. (2022): Causes of fragile stock market stability. Journal of Economic Behavior and Organization, Vol. 200, 483-498.
• Martin, C., Schmitt, N. and Westerhoff, F. (2022): Housing markets, expectation formation and interest rates. Macroeconomic Dynamics, Vol. 26, 491-532.
• Schmitt, N. and Westerhoff, F. (2022): Speculative housing markets and rent control: insights from nonlinear economic dynamics. Journal of Economic Interaction and Coordination, Vol. 17, 141-163.
• Schmitt, N. and Westerhoff, F. (2021): Trend followers, contrarians and fundamentalists: explaining the dynamics of financial markets. Journal of Economic Behavior and Organization, Vol. 192, 117-136.
• Schmitt, N. (2021): Heterogeneous expectations and asset price dynamics.Macroeconomic Dynamics, Vol. 25, 1538–1568.
• Martin, C., Schmitt, N. and Westerhoff, F. (2021): Heterogeneous expectations, housing bubbles and tax policy. Journal of Economic Behavior and Organization, Vol. 18