This session covers Lecture 5: The Central Bank as a Clearinghouse and Lecture 6: Federal Funds, Final Settlement. Lecture 5 Notes Lecture 6 Notes Lecture 5 describes the interconnectedness of bank balance sheets that allow the payment system to operate smoothly. The hierarchical structure of the US payment system emerged in the form of correspondent …
This workshop offers young and early career scholars working on Adam Smith a unique opportunity to take part in the 2023 Tercentenary Events in Glasgow, and to get feedback on their work from world-leading Smith scholars. Introduction The YSI History of Economic Thought working group is organizing a one-day workshop on 7th June as part …
Join us to learn the basics of project organizing in YSI, and ask any questions you have on your mind.
ESPAÑOL DEBAJO YSI Pre-Conference @ 3rd Global Carework Summit It is not possible to think about the economy without analyzing and recognizing the essential role that care work plays in the reproduction of the economic system. The labor force, taken as a "given" resource endowment by traditional views of the economy, needs in fact to …
YSI Pre-Conference @ 3rd Global Carework Sumit in Costa Rica Read More »
This is the second of two sessions on the 1989 book A Market Theory of Money by John Hicks. https://www.amazon.com/Capital-Wars-Rise-Global-Liquidity/dp/3030392902/ From the Description: Sir John Hicks draws together the common threads of over 50 years' writing on monetary economics into a succint (sic) statement of the fundamentals of monetary theory. He also goes beyond this …
This session covers Reading 3: The Check System, a chapter from Chapters on the Theory and History of Banking by Charles Dunbar. Dunbar Study Questions The chapter is a description of the checking system in the US in the late 19th century. It reinforces what we covered in Lecture 5 by describing the "decentralized" check-based …
The Launch of the YSI Argentine Local Hub in Mar del Plata will provide a dedicated platform for young scholars in Argentina, tailored to the unique needs and challenges of the country. This project aims to create a platform where aspiring researchers, innovators, and thinkers can collaborate and develop impactful solutions to pressing issues specific …
Within the Economic Fitness and Complexity Spring School, organised by the Enrico Fermi Research Centre (CREF), UNU-MERIT and YSI, CREF will host the presentation of the "Handbook on Economic Complexity for Policy", co-edited by the Joint Research Center - European Commission and the International Finance Corporation - World Bank. The Handbook will be presented by …
Book launch and roundtable “Handbook of Economic Complexity and Policy” Read More »
YSI – RSA Young Scholars’ Academy on Regional Studies 2023 RSA Annual Conference – Side-event June 12 – 13, 2023 Ljubljana, Slovenia After a well-succeeded partnership between the RSA and the YSI Urban and Regional Working Group during the 2019 RSA Annual Conference in Santiago de Compostela, we are glad to announce the YSI – …
YSI – RSA Young Scholars’ Academy on Regional Studies Read More »
About the conference The economic structures of many African countries remain largely commodity based, without successful industrialisation. African countries seek to increase their industrialisation in an ever-changing economic landscape. Rapid digitalisation and move towards more AI-enabled functions, means that the gap between African and the rest of the world is becoming ever wider. In addition, …
Third Young Scholars Conference on Structural Change and Industrial Policy Read More »
This session covers Lecture 7: Repos, Postponing Settlement and Lecture 8: Eurodollars, Parallel Settlement. Lecture 7 Notes Lecture Notes Lecture 7 describes repurchase agreements (repo or RP), which are a type of instrument that allows for collateralized lending in the money market. Anyone—not just banks that have reserve accounts the Fed—can participate in the repo …
This session covers Reading 4: Chapter VII of Lombard Street by Walter Bagehot. Bagehot Study Questions This chapter explains the workings of the Bank of England's reserve management system in the second half of the 19th century. It is here that Bagehot describes the central banking approach that would later become known as the Bagehot …