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 …
In academia as well as in the global economy, the COVID-19 pandemic has exacerbated old inequalities. The spread of the COVID-19 pandemic by March 2020 also magnified the plethora of challenges faced by scholarly research in the humanities. Despite the postmodernist call to deprovincialize regions considered “peripheries” of the western world, only few African scholars …
DEBATING MONETARY ISSUES IN AFRICA
SESSION THREE: CONTROLLING MONEYAND MONETARY TRANSACTIONS SESSION FOUR: BUT MONEY KNOWS NO BORDERS
IMPORTANT: we are re-opening the applications for this event. Those who already applied before do not need to re-apply. The 2008 subprime crisis forced Central Banks to lower interest rates to zero in an attempt to stimulate an economic recovery. This tool was quickly exhausted, and the authorities have since then turned to the longer-term …
YSI @ Monetary Policy and Income Distribution Conference Read More »
SESSION FIVE: AND MONEY IS NOT ALWAYSAS WE PERCEIVE IT TO BE
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 …