This session covers Lecture 15: Banks and Global Liquidity The lecture uses the context of a 19th-century gold-standard world to introduce the Treynor model to foreign exchange markets. We flesh out the international dimension to what we covered in Lecture 9. Gold parity must hold within that narrow band or you're off the gold standard. …
Discussion — Lecture 15: Banks and Global Liquidity Read More »
WEBINAR REPLICATE REPLICATE: HOW YOU CAN TAKE PART SESSION 2: Two Sides of the Replication Coin: Ex Post Reproduction and Ex Ante Documentation We will begin by drawing a distinction between two distinct, but complementary, activities: ex post reproduction and ex ante documentation.Ex post reproduction refers to reproduction by an independent investigator of empirical results …
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Red Pymes Mercosur Conference gathers researchers from MERCOSUR countries engaged in development studies, focused on SMEs, according to regional specificities. The conference has a strong territorial focus and more than 25 years of experience. It is characterised by being a space of knowledge generation and a permanent link between SMEs' reality and their environment. In …
Young Scholars’ Academy on SMEs and Territorial Development Read More »
ENGLISH BELOW A pesar de que las discusiones en torno a género han ganado espacio y reconocimiento dentro de la disciplina económica en los últimos tiempos, cuestiones vinculadas a polÃtica industrial han recibido relativamente escasa atención. A su vez, preguntas en torno al rol de las mujeres y diversidades en el sistema productivo cobran aún …
Gender and Industrial Policy – A Feminist Economics Perspective Read More »
This is the final session devoted to Stafano Ugolini's book "The Evolution of Central Banking: Theory and History". We will be discussing Chapter 4: Monetary Policy and the conclusion. Book's description: This book is the first complete survey of the evolution of monetary institutions and practices in Western countries from the Middle Ages to today. …
This session covers Reading 8: The Dollar and World Liquidity: A Minority View, a 1966 article by Charles Kindleberger, Walter Despres, and Walter S. Salant, which originally appeared in The Economist. Perry Mehrling says: "This reading contrasts with Mundell, and much of the contemporary economic debate, by taking a banking view of international money and …
Just over a decade ago, the global economy was plunged into its worse crisis since the Great Depression. Today, the aftermath of the COVID-19 pandemic, Russia’s invasion of Ukraine and the already long-standing tension between the US and Chinese states have disrupted global value chains and fostered price increases throughout developed economies. Lingering in the …
The aim of this workshop is to bring together for the first time young and experienced researchers who are working on themes related to data-driven economic agent-based models (ABMs). ABMs are mathematical and computational models that explicitly represent the dynamics of units of a system, without imposing any ex-ante equilibrium constraint. ABMs have never existed …
This discussion will focus on the article The Crypto Banking System, which dives into the required foundations to build a financial system on top of decentralized finance (DeFi). The work illustrates through balance sheets how institutions would be interconnected, building on Zoltan Pozsar’s mapping of the Shadow Banking System (see here and here) We will …
WEBINAR REPLICATE REPLICATE: HOW YOU CAN TAKE PART SESSION 3: Replication in Quantitative Macroeconomics Macroeconomics differs from other fields in Economics in both the sources of data used and in the style of computation involved. In particular, data most often comes from reputable existing datasets, such as various IMF datasets, or those run by large …
This session covers Lecture 16: Foreign Exchange The lecture gives us a framework for reasoning about the foreign exchange dealer market in the context of a flexible-exchange-rate system. In typical money-view fashion, we look at foreign exchange market making through a lens of trading money for money, while pushing the trade of commodities and non-financial …