Readings: Arthur, W. Brian. "Competing technologies, increasing returns, and lock-in by historical events." The economic journal 99.394 (1989): 116-131. McNerney, James, et al. "Role of design complexity in technology improvement." Proceedings of the National Academy of Sciences 108.22 (2011): 9008-9013. Discussion questions: What does lock-in, or path-dependency, mean for economic growth?
The recent economic crisis propagated quickly through various channels around the world. In this webinar Prof. Martha G. Alatriste Contreras presents her work on shock propagation through the input- output network which connect industrial sectors in developed economies. She presents alternative models of diffusion on networks and calibrate them using input-output data on real-world inter-sectoral …
“Propagation of Economic Shocks in Input-Output Networks” with M. Contreras Read More »
The Economic Development and Political Economy of Europe Working Groups are pleased to announce the call for papers for the YSI session within the School of Advanced Studies in the Reappraisal of the Surplus Approach, to be held in Roma Tre University, 5-13 July. Link here. The Summer School, organized by Centro di Ricerche e …
School of Advanced Studies in the Reappraisal of the Surplus Approach Read More »
We are delighted to host Richard Vague, a leader of the Private Debt Initiative and chair, of the Governor's Woods Foundation, for a final webinar in our series. Richard Vague will present insights from his most recent book "A Brief History of Doom - Two Hundred Years of Financial Crises". Financial crises happen time and …
As the innovation takes place in the city and a number of academics and policy-makers have been seeing the cities as growth and innovation machines, innovation policy has a crucial spatial dimension and brings about strong implications for cities. Drawing on these relationships, this section aims to foster the debate on the impacts of innovation …
"The future of capitalism: Latin American challenges." July 10th, 2019. Buenos Aires, Argentina 9 YSI Working Groups have joint efforts to invite young scholars from the region to join the pool of critically-minded economists gathering at the 2nd Olivera Conference.The main topic of this Pre-Conference will be: "Future of Capitalism: Latin America challenges". We will …
A particular set of ideas about law, money, and society dominated the last half century of global governance - in a nutshell, that the world was far too complex for coordinated democratic decision-making and should best be left to ‘the market’. This carried far reaching theoretical assumptions and policy implications: for instance, money is apolitical, …
2nd YSI FLE Summer Academy – Law and Money: From Past to Future Read More »
Readings: Walter W. Powell, "Neither Market nor Hierarchy: Network Forms of Organization" (1989) Lyon, F. Trust, Networks and Norms: The Creation of Social Capital in Agricultural Economies in Ghana. World Development 28, 663–681 (2000). Discussion questions: In developing parts of the world, what does "the market" actually look like? Is it different for different goods? …
Second International Workshop on Demand-led Growth: Structural Change and Income Distribution The Research Group in Political Economy at the Institute of Economics of the Federal University of Rio de Janeiro follows the Sraffian project proposed by Garegnani to make the Keynesian-Kaleckian principle of effective demand compatible with the classical surplus approach. For our group, growth …
YSI @ 2nd International Workshop on Demand-led Growth Read More »
Readings: Penny Mealy, J. Doyne Farmer and Alexander Teytelboym "Interpreting Economic Complexity" Science Advances (2019) Discussion questions: Why do we see more "complexity" as defined in the article in richer countries? From a network perspective, what does economic growth mean? Paper presentations by young scholars of the Complexity Economics Working group
The YSI/ECLAC Workshop traditionally marks the beginning of the ECLAC Summer School on the Latin American Economies. The call for papers for the YSI @ ECLAC Workshop 2019 invites contributions (theoretical or empirical) on any subject relevant for the discussion of economic development in the region. Possible topics include problems of debt and development, finances …
Dear all, We are excited to announce the YSI Liquidity Project organized by the YSI Financial Stability and Finance, Law and Economics Working Groups. The project brings liquidity questions across the entire financial sector into focus with a first focus on financial market infrastructure (FMI). In the near future, we will be focusing on issues …