This session covers Reading 8: The Dollar and World Liquidity: A Minority View, a 1966 article by Charles P. Kindleberger, Walter Despres, and Walter S. Salant, which originally appeared in The Economist. By viewing the United States as a bank to the rest of the world, Kindleberger tries to allay concerns about a U.S. balance-of-payments …
The Co-operative University of Kenya (CUK) International Conference is an opportunity for researchers in the cooperative movement in Africa to share resources and provide opportunity to create new alliances and future collaborations. Its is an opportunitu for early career researchers on the continent of Africa to connect with others who face similar challenges in conducting …
The 5th Africa Young Scholars Workshop on Cooperatives and Cooperation Read More »
The 4th International Workshop on Demand-led Growth: "Money and Finance" will be held on July 26-27, 2023 in Rio de Janeiro - Brazil. This year’s theme of the Workshop is "Money and Finance,” believing that monetary and financial issues can have long-lasting effects on economic growth and employment. There are many possible interrelations between demand-led …
YSI Panel – International Workshop on Demand-Led Growth: Money & Finance Read More »
This session covers Lecture 17: Direct and Indirect Finance and Lecture 18: Forwards and Futures. Lecture 17 Notes Lecture 18 Notes Lecture 17—starting with a simple description of "traditional" commercial banks—describes the evolution and emergence of shadow banking as the money market and capital market became intertwined through an iterative process of intermediation and disintermediation. …
During this off-week, Nadav Orian Peer joins us to discuss his 2020 paper, "Public Purpose Finance: The Government's Role as Lender" as well as the Perry Mehrling paper, "The State as Financial Intermediary," the ideas of which his paper expanded on. Public Purpose Finance: The Government's Role as Lender by Nadav Orian Peer (2020) The …
This session covers Reading 9: the first part of Chapter 5 of Money in a Theory of Finance by Gurley and Shaw (1960) Gurley & Shaw Study Questions Reinforcing some of what we learned in Lecture 17, Gurley and Shaw present a model of money and banking that emphasizes funding over payments. "Primary debt" is …
AbstractPublic policies are all around us. They influence our choices, behaviours, and incomes. More so in the Indian context due to the Indian State’s wide-ranging ambitions. Despite its pervasiveness, public policy is often perceived as being inaccessible, boring or both. MIA aims to change this perception with this book through vignettes that illustrate India’s tryst …
Missing in Action: Insights from Public Policymaking in India Read More »
This session covers Lecture 19: Interest Rate Swaps and Lecture 20: Credit Default Swaps Lecture 19 Notes Lecture 20 Notes Part 4 of Lecture 19 is missing from Perry Mehrling's site and the YouTube playlist. Here's a direct link. Lecture 19 — Part 4: What is a Swap Part 4 of Lecture 20 is cut …
Join us to learn about project organizing, and ask any questions you have on your mind.
This session covers Reading 10: Excerpts from a 1952 report to the FOMC (parts one, two, and three) FOMC Study Questions The document is the previously secret Fed report that Mehrling mentions in Lecture 19. In 1952, the Fed is figuring out how they want to run monetary policy after the Treasury-Fed accord of 1951. …
The Launch of the YSI Amazon Hub in Belém aims to establish a specialized platform for young scholars in the Amazon region, tailored to the specific needs and challenges of the area. This project seeks to cultivate a vibrant ecosystem where aspiring researchers, innovators, and intellectuals can collaborate and develop impactful solutions to pressing issues …
YSI Special Session - UNICAMP International School on Development Challenges The YSI Latin America Working Group happily announces a special session to be held on August 7 during the 4th Unicamp International School on Development Challenges – Changes in contemporary capitalism and impacts on the global south. We invite students of previous editions of Unicamp …
YSI Special Session at 4th Unicamp International School Read More »