This session covers Reading 9: the first part of Chapter 5 of Money in a Theory of Finance by Gurley and Shaw (1960) Reinforcing some of what we learned in Lecture 17, Gurley and Shaw present a model that emphasizes funding over payments. "Primary debt" is any debt that directly funds a real investment—direct investment. …
The Keynesian Economics, Complexity Economics and Financial Stability Working Groups are glad to announce a new partnership with the Forum for Macroeconomics and Macroeconomics Policy. As part of this partnership, YSI will offer partial travel stipends to young scholars who will present at the 26th FMM Conference. The YSI stipend selection in mid-August (more details …
This is the first of five sessions on Charles P. Kindleberger's 1993 (1984) book A Financial History of Western Europe. From the Dust Jacket: Charles Kindleberger highlights the development of financial institutions to meet emerging needs, and the similarities and contrasts in the handling of financial problems such as transferring resources from one country to …
A Financial History of Western Europe | Part 1 — Money Read More »
This workshop is for anyone who wants to know more about the work of economists outside of academia, in particular working in the public sector. This workshop addresses the questions: • What do you do as a government economist?• What tools do you use?• Is there a place for alternative economics? It is open to …
Working as a Government Economist – What’s it like?! Read More »
SESSION 5: Student Replication Presentation by Franziska Strunz (PhD student at the Universität der Bundeswehr in Munich, DE) ARTICLE BEING REPLICATED:Auerbach and Gorodnichenko (2016) “Effect of Fiscal Shocks in a Globalized World”, published in the IMF Economic Review (available here: https://link.springer.com/article/10.1057/imfer.2015.15). Also: data series extended with data from 2014 to 2022. ABSTRACT:"Although theoretical models consistently …
S5: Student Replication on Fiscal Shocks in the Globalized World Read More »
This session covers Lecture 18: Forwards and Futures The lecture is somewhat of a sequel to Lecture 8, which talked about lining up the timings of cashflows and cash commitments. People can use forwards and futures to match up the time pattern of their cash inflows with their cash commitments. Our exploration of forward contracts …
Ft. Mariana Mazzucato, Joe Stiglitz, and Martin Guzmán Pre-conferenceMore information forthcoming Round table: What challenges do Latin American countries face in trying to apply economic development theories?2:30 pm to 4:30 pm, Buenos Aires timeSpeakers: Leopoldo Tornarolli (CEDLAS-UNLP), Florencia Kohon (MECON) and Estanislao Malic (CCC / UNQUI)Note: will be held in Spanish Conference: Strategies for economic …
Strategies for economic development in an uncertain global landscape Read More »
This YSI workshop will bring young scholars together to discuss new ways of thinking about epistemologies, methods and networks that we need for strategic delinking in Africa including debates on economic and monetary sovereignty as well as reparations. In Africa, debates around the idea of delinking date back to the early 1980s with the implementation …
African Economic and Monetary Sovereignty: How to Delink? Read More »
The Amsterdam Center for Law and Economics (ACLE) and the Young Scholar Initiative (YSI) welcome submissions from young talents carrying out high-quality interdisciplinary research in the fields of Law & Finance, broadly construed. The conference will take place on 27 and 28 October 2022 at the University of Amsterdam. We welcome a broad range of …
WEBINAR REPLICATE REPLICATE: HOW YOU CAN TAKE PART SESSION 6: Questionable research practices outside of the lab Social scientists are increasingly interested in questionable research practices and their role in producing false and misleading results. Many scientists are prescribing open practices (e.g., open data, prospective registration) as a way to restore the credibility of academic …
S6: Questionable research practices outside of the lab Read More »
YSI Community Call Whether you're brand new to the community or a long time YSI'er, the monthly community call is a chance to (re)connect with other members, and let yourself be inspired by your peers. *This month's alumni highlight: Aleksandar Stojanović *Aleksandar Stojanović is Assistant Professor of Practice in Economics at New York University Shanghai. …
October Community Call | Ft. Aleksandar Stojanović Read More »
This session covers Lecture 19: Interest Rate Swaps NOTE: Part 4 of this lecture is missing from Perry Mehrling's site and the YouTube playlist. Here's a direct link.Part 4: What is a Swap This week and next week's lectures describe two important building blocks for shadow banking: interest-rate swaps (this week) and credit default swaps …