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 …
The Keynesian Economics Working Group is glad to announce a group meeting taking place at the Brazilian Keynesian Association conference (AKB). In this side event, professor Louis-Philippe Rochon (Laurentian University, Canada) will discuss with us what is the future of post-Keynesian economics. We will go through the history of post-Keynesian economics. Then, we will discuss …
YSI @ AKB 2022 | What is the future of post-Keynesian economics? Read More »
The Chamber of Labor Vienna, the Chamber of Labor Upper Austria, the Austrian Society for Pluralist Economics together with INET’s Young Scholars Initiative host the 11th Young Economists Conference on October 7th and 8th 2022, Vienna. YSI is preparing an exciting pre-conference program which will take place on October 6th, with workshops dedicated to scientific …
YSI Pre-conference Workshop @ 11th Young Economists Conference, Vienna Read More »
This is an event which will conclude our discussion of Stefano Ugolini's book "The Evolution of Central Banking". It will take a form of an one-hour Q&A session with professor Ugolini himself.
This session covers Lecture 17: Direct and Indirect Finance Until now, we haven't been talking as much about banks as intermediaries. The lecture will help us think about next week's Gurley and Shaw reading, which emphasizes indirect finance and intermediation. Mehrling tells a story about how the money market and capital market became intertwined, why …
Discussion — Lecture 17: Direct and Indirect Finance Read More »
YSI Africa Pre-Conference Mentorship Workshop at 15th Annual Meeting of the African Economic History Network (AEHN) Theme: North-South Relations and Pandemic Politics: Geopolitics or Scientific Responses to COVID-19? Botswana first alerted the world of the existence of a new COVID-19 variant. Shortly thereafter, South Africa followed suite providing more details on the distinctive features of …
Pre-conference Africa WG Workshop at the AEHN 15th Annual Meeting Read More »
WEBINAR REPLICATE REPLICATE: HOW YOU CAN TAKE PART SESSION 4: Advice and Information on Computational Reproductions: Students May Find Them Messier Than Expected Drawing on experience teaching and conducting replications this talk focuses on the most basic form of replication: the computational reproduction. This means simply trying to reproduce the numerical results of a previous …
S4: Advice and Information on Computational Reproductions Read More »
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 »