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 …
The Inequality, Keynesian, Political Economy of Europe, and States and Markets Working Groups are happy to announce a call for papers to the YSI Pre-conference@ STOREP 2023. We invite you to submit your abstract to the pre-conference event organized by the Young Scholars Initiative at the STOREP annual conference. The pre-conference will take place at …
YSI Pre-Conference @ STOREP 2023: “Rethinking Economic Policies” Read More »
For the first time, Paraguay will hold the LALICS Master Academy in June 2023, organized by the National Council of Science and Technology of Paraguay (CONACYT) and the Paraguay Innovation Economy Network (REIP) with the co-organization of the National University of Asuncion (UNA), the American University (UA) and the German-Paraguayan university (UPA).The objective of the …
II Master Academy LALICS 2023 New approaches to innovation for sustainable Read More »
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 …
Narrative capital and spiritual capital are two ancient types of capital that are becoming increasingly important for our time’s well-being, while the modern approach to social capital serves as the connective tissue that binds them in our daily encounters. Narrative capital comprises stories, tales, legends, origin myths, and traditions passed down over time and discussed …
YSI @ Economy of Francesco International Summer School 2023 | La Verna Read More »
This session covers Lecture 9: The World That Bagehot Knew and Lecture 10: Dealers and Liquid Security Markets. Lecture 9 Notes Lecture 10 Notes Lecture 9 describes the nineteenth-century London money market operating through banks buying and selling self-liquidating commercial bills of exchange at a discount to face value. Deficit agents sell bills of exchange …