This is the first out of three sessions devoted to Stafano Ugolini's book "The Evolution of Central Banking: Theory and History". We will be discussing the introduction and Chapter 1: The Payment System. Book's description: This book is the first complete survey of the evolution of monetary institutions and practices in Western countries from the …
This session covers Lecture 13: Chartallism, Metallism, and Key Currencies In the first half of the course, we focused on two prices of money: par and interest rates. With the next four lectures, we explore a third price of money: foreign exchange. This allows us to revisit fundamental questions about the nature of money. How …
Discussion — Lecture 13: Chartallism, Metallism, and Key Currencies Read More »
The YSI Writing group centers on improving writing skills through community approach and support young scholars on their writing journey.In our regularly Feedback Sessions we mainly talk about texts from other young writer we looked at beforehand. Therefore we freely organize feedback-tandems through our Google-Spreadsheet. Feel free to insert your name for giving or receiving …
Introduction Recent improvement in data availability have put input-output analysis back on the top of research agendas of economists: contemporary challenges, such as climate change, economic growth and natural resources, economic crisis and inequalities, require a systemic view and input-output (I-O) analysis represents an important tool for economists to understand the complexity of our economies. …
Young Scholars Development Programme on Input and Output Analysis Read More »
The Keynesian Economics WG is happy to announce a workshop taking place at the 19th Diamantina Seminar. During the two days preceding the main conference (August 29 and 30) participants will have the opportunity to participate in four YSI workshops (listed below). Authors of approved papers will receive accommodation in addition to transportation between Belo …
This session covers Reading 7: A Reconsideration of the Twentieth Century by Robert Mundell The reading forms the basis for Lecture 14 (next week). In it, Mundell tells a story of the evolution (devolution?) of the international monetary system over the course of the 20th century. He wants to address exchange rate stability through domestic …
Axel Leijonhufvud Advanced School Facing the Faultlines: Rethinking the Economy After Covid and the Ukraine Conflict 7-11 September, 2022 DEADLINE FOR APPLICATIONS EXTENDED TO AUGUST 7 The Advanced School honors Axel Leijonhufvud legacy and is jointly organized by the University of Trento and INET. The school will take place online. The School is intended for …
This is the second out of three sessions devoted to Stafano Ugolini's book "The Evolution of Central Banking: Theory and History". We will be discussing Chapter 2 (Lender of Last Resort and Supervision) and Chapter 3 (Issuing Money). Book's description: This book is the first complete survey of the evolution of monetary institutions and practices …
This session covers Lecture 14: Money and the State: International The lecture builds on the Robert Mundell reading from last week in an attempt to extend the money view to international monetary systems. We add balance sheets to Mundell's story of the 20th century, and continue the story into the early 21st century. We can …
Discussion — Lecture 14: Money and the State: International Read More »
Webinar REPLICATE REPLICATE: HOW YOU CAN TAKE PART SESSION 1 discusses the basics of replication addressing: Why is the topic of replication relevant to promoting a renewed approach to Economics and other social sciences What is Philosophy of Economics, and how does it relate to replication Which purposes can it serve to replicate in the …
S1: Why replication? How is it done? Where to find replication material? Read More »
South African YSI'ers, where are you? Let's get together and say cheers to YSI.
The economy is a complex evolving system, thus its analysis requires tools that can take into account all dimensions relevant to such a complex world. As young researchers, we often question how to take into account heterogeneity, interactions, non-linearities, path-dependency, tipping points to name a few. If that wasn't enough, reality keeps imposing to us …