This workshop will include poster presentations, as well as an interdisciplinary town-hall style discussion, with input from K. Ali Akkemik, an expert in the field. Overview Rapidly growing elderly populations is quietly changing the demographic composition of the worlds developing economies. By 2050, the world’s population aged 60 years and older is expected to total …
This workshop will include lectures by and discussion with senior level experts in the field. Overview The literature on how to finance Africa’s development long centered around Foreign Direct Investment (FDI). To attract FDI, it was argued, Africa needs to sway the international community with financial liberalisation. In later years, the debates changed. Scholars explored …
This workshop will include lectures by and discussion with senior level experts in the field. More than ten years after the Global Financial Crisis, despite unprecedented actions by monetary and financial stability authorities, serious problems remain in place. Among them is the emerging problems in the repo market that requires the Fed to resume purchases …
Challenges in Repo Markets: Financial Stability, Monetary Policy Frameworks Read More »
This workshop will feature paper presentations by young scholars and policymakers, as well as a discussion with Mark Carlson, an expert in the field. Overview During the 2007-08 financial crisis, economists and policy makers looked to the Great Depression for historical examples of how to respond to severe economic turmoil. A decade later, what historical …
Macro-, Monetary-, and Financial History—Lessons from the Past Read More »
This workshop will include lectures by and discussions with experts in the field. Speakers Prof. Bill Lazonick, Emeritus Professor in Economics "The political economy of the US pharmaceutical drug industry: opiods and regulatory failures" Dr. Chinazo Cunningham, physician and researcher, Prof of Medicine at Einstein/Montefiore "The effects of medical cannabis among adults with chronic pain …
New date announced! The Finance, Law, and Economics, and the Political Economy of Europe working groups are happy to host the third webinar from the series in preparation to our meeting with Andrea Enria, Chair of the Supervisory Board of the ECB (which will be rescheduled according to the developments in the Covid-19 situation).The third …
The lockdown continues and so does our research, but you are not alone in this! Join the Finance, Law and Economics Working Group for its second meetup on Wednesday, April 15th at 5 pm CET.In the next meetup, we will discuss with Martino Reviglio about his work on "Multinational Companies and The Business Cycle" (See …
Since November we read many papers related to the Ontology of Economics, from Evolutionary Realism to recent debates in Econometrics. The first part of the reading group during the last six months expanded my understanding of the economy. Now we move on to the Epistemology of Economics to focus on the question of how we …
Epistemology of Economics: Kapeller (2013) ‘Model-Platonism’ in Economics Read More »
The Keynesian Economics Debate Group (KEDG) is starting! The first meeting will be on Wednesday April 15th at 6 pm ET. In this first meeting we will discuss Felipe Cornelio's paper, "The role of effective demand in the industrial policy: an assessment based on the Sraffian Supermultiplier". We are scheduling a short presentation (15min) followed …
The COVID-19 crisis is stress-testing not just economies, but our economic paradigms and analytical tools. The 2008 crisis revealed that financial systems are networks, and COVID-19 showed how viral contagion and conventional tools (monetary creation) plus lockdowns can bring on recession, depression or conflict. Current single-minded focus on flows and monetary creation to deal with …
Andrew Sheng: New Data, New Systemic Analyses for Novel Pandemic Crises Read More »
Hello All,*The first webinar will be an introductory session to know each other and know the research topics of each one. A reading list will be circulated and common themes of interest will be formed for further sessions. *
Money is hierarchical and during crises, rules are flexible at the core and rigid at the periphery. In this crisis, the penalty rate part of Bagehot’s rule was replaced with “friendly” rates for the core – with Covid-19 there is no moral hazard in lending to the core of the system at low rates. (...) …
Zoltán Pozsár: Financial stability in the age of Covid-19 Read More »