Monetarists say that inflation is caused by a growth in the money supply—or money stock—by which they mean the amount of money "out there." For his 2016 article, Rapid Money Supply Growth Does Not Cause Inflation, Richard Vague compiled some data that suggest otherwise. He further challenges the idea that inflation is caused either by …
Rapid Money Supply Growth Does Not Cause Inflation Read More »
How has the coronavirus affected the gender gap in employment in South Asia-insights by Prof. Sonalde Desai .
Dear all, this week we are talking about the way in which we make analogies and the connected issue of the computer modeling.For this reason we want you to compare the presented process of the program Copycat to what we have been doing throughout the last weeks: In what way have we simplified complex issues …
Chapter 13-14 – How to make analogies and Prospects of Computer Modelling Read More »
Dear all, this week we are talking about the way in which we make analogies and the connected issue of the computer modeling.For this reason we want you to compare the presented process of the program Copycat to what we have been doing throughout the last weeks: In what way have we simplified complex issues …
Professor Jeemol Unni explains the impact of Covid-19 on informal workforce, with a focus on females.
We are glad to announce the fifth event of the Webinar Series in 18th-Century History of Political Economy. Professor John Robertson will be talking about the relationship between Enlightenment and the idea of modernity. He will explore how the recent historiography has dealed with this relationship. The Webinar is open to everyone interested in the …
“History and Theory in the Evolution of China’s Economic Development and the West’s/Global Response.” How do “we” – and who gets to define “we”? – frame China’s rise or socio-economic trajectory since 1949, and especially since, say, the last decade? This type of inquiry often begins -- and stays -- at an empirical level: the …
Evolution of China’s Economic Development and the West’s/Global Response Read More »
This week we will discuss the 2015 BIS Working Paper 'Breaking free of the triple coincidence in international finance'. Abstract The traditional approach to international finance is to view capital flows as the financial counterpart to savings and investment decisions, assuming further that the GDP boundary defines both the decision-making unit and the currency area. …
BIS Working Paper: Breaking free of the triple coincidence in int. finance Read More »
Gan Jin, doctoral candidate from the University of Freiburg will present his paper: Circle of Fortune: The Long-Term Impact of Western Customs Institution in China. Registration form to attend the webinar: here. Abstract: How did colonial institutions affect modern economic outcomes? This paper studies the long-run effect of the customs institution founded by the Chinese …
YSI-EHES Economic History Graduate Webinar: Gan Jin Read More »
Welcome to Money and Banking! In addition to introducing ourselves, introducing the course, and sharing our intentions for working through the material (again), we will discuss: Lecture 1: The Four Prices of Money Lecture NotesThis lecture provides motivation, context, and themes for the Money and Banking MOOC. Money and Banking Summer 2021 Reddit Master Thread
This our weekly discussion of the price level as it relates to Perry Mehrling's money view. The price level is the average price of goods in terms of money or, equivalently, the price of money in terms of goods. But what determines the price level? Why is the price level important? And how does it …
Kindleberger — A Structural View of the German Inflation Read More »
Hello everyone! Welcome to the complexity reading session. This time we talk about networks. Our reference will be Chapter 15 and 16 of Dr.Melanie Mitchell's book "Complexity: A Guided Tour". This time we try to figure out the following things: What are some examples of networks in an economy that show the characteristics of complex …