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DTSTART:20220327T010000
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BEGIN:VEVENT
DTSTART;TZID=Europe/London:20221121T200000
DTEND;TZID=Europe/London:20221121T210000
DTSTAMP:20260406T154640
CREATED:20221020T112408Z
LAST-MODIFIED:20221027T110743Z
UID:1174-1669060800-1669064400@politicaleconomyhub.net
SUMMARY:Cambridge Realist Workshop - Nuno Martins
DESCRIPTION:Title of the talk: ‘Cambridge economics and the reconstruction of economic theory’ \nSpeaker: Nuno Martins \nTo register for the event of November 21 click here   \nhttps://us02web.zoom.us/meeting/register/tZMsdOChpjMqE9T4h5TGNq9XS7gEBwwAD7Ub \n  \nThe events are jointly hosted by the Cambridge social ontology group and the Kings College (London) Social Ontology Research Unit.  
URL:https://politicaleconomyhub.net/event/cambridge-realist-workshop-nuno-martins/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2015/02/Realist_workshop-e1666868813757.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20221117T170000
DTEND;TZID=Europe/London:20221117T183000
DTSTAMP:20260406T154640
CREATED:20221027T103547Z
LAST-MODIFIED:20221027T104019Z
UID:1191-1668704400-1668709800@politicaleconomyhub.net
SUMMARY:The PEGFA Seminar Series: Speakers-Alberto Botta and Siyan Tan
DESCRIPTION:The following hybrid research seminar is organised by The Institute of Political Economy\, Governance\, Finance and Accountability (PEGFA) at the University of Greenwich. \nThursday 17 Nov\, 5-6:30 PM (GMT) – Speakers: Alberto Botta and Siyan Tan \nLocation: Room QM369\, Old Royal Naval College\, Park Row\, London SE10 9LS (and via Microsoft Teams with this link) \n5-5:45 PM: Alberto Botta – Financial integration\, productive development and fiscal space in developing countries \n5:45-6:30 PM: Siyan Tan – Political Connections and Corporate Litigation: Evidence from a Quasi-Natural Experiment \nFor more information see: https://www.gre.ac.uk/research/pegfa#events
URL:https://politicaleconomyhub.net/event/the-pegfa-seminar-series-speakers-alberto-botta-and-siyan-tan/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2016/11/greenwich_logo.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20221114T170000
DTEND;TZID=Europe/London:20221114T180000
DTSTAMP:20260406T154640
CREATED:20221102T110411Z
LAST-MODIFIED:20221102T110411Z
UID:1201-1668445200-1668448800@politicaleconomyhub.net
SUMMARY:SOAS Money and Development Seminar - The Capital Order How economists invented austerity and paved the way to Fascism
DESCRIPTION:The next Money and Development Seminar will be on\nMonday 14 November at 5 p.m.\nwill feature Clara Mattei (New School for Social Research) will present her book The Capital Order How economists invented austerity and paved the way to Fascism\nwith Suzanne Konzelmann (Birkbeck) and Lord Skidelsky (Warwick) \nTo be held in:\nRoom G3\nSOAS University of London\nThornhaugh Street\nLondon WC1H 0XG
URL:https://politicaleconomyhub.net/event/soas-money-and-development-seminar-the-capital-order-how-economists-invented-austerity-and-paved-the-way-to-fascism/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2017/09/SOASUniLondon.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20221102T130000
DTEND;TZID=Europe/London:20221102T143000
DTSTAMP:20260406T154640
CREATED:20221027T103337Z
LAST-MODIFIED:20221027T104059Z
UID:1189-1667394000-1667399400@politicaleconomyhub.net
SUMMARY:The PEGFA Seminar Series: Speakers- Kefei You and Ben Tippet
DESCRIPTION:The following hybrid research seminar is organised by The Institute of Political Economy\, Governance\, Finance and Accountability (PEGFA) at the University of Greenwich. \nWednesday\, 2 Nov\, 1-2:30 PM (GMT) – Speakers: Kefei You and Ben Tippet \nLocation: Room SL011\, Old Royal Naval College\, Park Row\, London SE10 9LS (and via Microsoft Teams with this link) \nFor more information see: https://www.gre.ac.uk/research/pegfa#events \n1-1:45 PM: Kefei You – Financial Development and Technological Progress: Does the Financing Channel Matter? Evidence from Spatial Analysis for Chinese Provinces \nWe examine the relationship between financial development and productivity growth by investigating the impact of total social financing and\, more importantly\, the four financial channels underneath it (i.e.\, formal bank loans\, corporate bond market\, equity market and shadow banking) on technological progress in Chinese provinces during 2013-2020. We first separate structural change from total factor productivity (TFP) to obtain the net factor productivity (NFP) series. We then employ spatial models to account for spatial dependence in technological progress; the Spatial Durbin Model (SDM) is shown to best describe our data. We find that\, first\, both structural change and NFP have contributed positively to TFP in China. Thus\, the latter captures the pure technological progress more accurately than TFP does. Second\, while TSF overall does not seem to affect technological advancement in China\, three of its four components do. Specifically\, corporate bonds and formal bank loans promote technological progress across Chinese provinces\, with the former producing stronger effects than the latter. Shadow banking also shows a positive impact but at a weaker magnitude than the above two. Conversely\, equity financing does not foster technological progress in China. Finally\, we observe positive spatial technological dependence\, implying a cooperative relationship between Chinese provinces. \n1:45-2:30 PM: Ben Tippet – House price cycles and speculative demand: understanding how the returns to capital gains and rent extraction drive the intensity of house price booms and busts \nWhy do some countries have stable house prices\, while others have intense booms and busts? The existing literature in Comparative Political Economy (CPE) has argued that house price booms are caused primarily by domestic mortgage-credit encouraging institutions (and their interactions with a strong welfare state). Building on heterodox economic theories of house price cycles\, this paper instead argues that intense house price booms and busts are driven by speculative demand\, which in turn is shaped by institutions increasing the returns to housing via capital gains and rent extraction. Using turning point analysis\, we demonstrate significant cross-country differences in the intensity of booms and busts across 26 OECD countries. We build a dataset of what we call “speculation encouraging institutions” and estimate their relationship to the intensity of house price cycles. We find that countries with speculation encouraging institutions are significantly more likely to have intense house price booms and busts. Once we control for speculative demand\, mortgage-credit encouraging institutions no longer has a significant effect on house price cycles. This paper is a part of the Leverhulme grant “The Political Economy of growth models in an age of stagnation” Leverhulme\, RPG-2021-045.
URL:https://politicaleconomyhub.net/event/the-pegfa-seminar-series-speakers-kefei-you-and-ben-tippet/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2016/11/greenwich_logo.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20211128T170000
DTEND;TZID=UTC:20211128T180000
DTSTAMP:20260406T154640
CREATED:20211122T113359Z
LAST-MODIFIED:20211122T113413Z
UID:1118-1638118800-1638122400@politicaleconomyhub.net
SUMMARY:Unstandard Deviation: Harnessing Positive Deviance to Reduce Inequality\, Dr Kai Ruggeri
DESCRIPTION:The Cambridge Society for Economic Pluralism is hosting an exciting in person event:\n‘Unstandard Deviation: Harnessing Positive Deviance to Reduce Inequality’\nSpeaker: Dr Kai Ruggeri \nSpeaking in Keynes Hall at King’s College Cambridge
URL:https://politicaleconomyhub.net/event/unstandard-deviation-harnessing-positive-deviance-to-reduce-inequality/
CATEGORIES:Lecture,Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2016/11/csepw.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20211125T190000
DTEND;TZID=UTC:20211125T200000
DTSTAMP:20260406T154640
CREATED:20211122T111758Z
LAST-MODIFIED:20211122T112828Z
UID:1116-1637866800-1637870400@politicaleconomyhub.net
SUMMARY:'The Nature of Wealth in Britain - the case for a wealth tax' organised by  Jon Trickett MP
DESCRIPTION:Event details of a zoom discussion on ‘The Nature of Wealth in Britain – the case for a wealth tax’ organized by  Jon Trickett MP with  Prof Prem Sikka\, Joe Guinan and Ozlem Onaran as panelists. If you would like to attend please register in advance on eventbrite:\n\n\n\n\n\n\nhttps://www.eventbrite.co.uk/e/the-nature-of-wealth-in-britain-the-case-for-a-wealth-tax-tickets-211071589807
URL:https://politicaleconomyhub.net/event/the-nature-of-wealth-in-britain-the-case-for-a-wealth-tax-organised-by-jon-trickett-mp/
CATEGORIES:Seminar
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20211115T173000
DTEND;TZID=UTC:20211115T183000
DTSTAMP:20260406T154640
CREATED:20211101T103805Z
LAST-MODIFIED:20211101T111953Z
UID:1094-1636997400-1637001000@politicaleconomyhub.net
SUMMARY:"What's Wrong with Economics?" CSEP hosts Lord Robert Skidelsky
DESCRIPTION:15th NOVEMBER\, 5.30PM @ OLD DIVINITY SCHOOL\, ST JOHN’S COLLEGE\, CAMBRIDGE \nThe Cambridge Society for Economic Pluralism is greatly honoured to host Lord Professor Robert Skidelsky\, – reputed author\, economic historian\, biographer of Keynes\, and life-peer of the House of Lords – to speak on his latest book ‘What’s Wrong with Economics? A Primer for the Perplexed.’ \nThis insightful book looks at how mainstream economics’ quest for scientific certainty has led to a narrowing of vision and a convergence on an orthodoxy that is unhealthy for the field\, not to mention the societies which base policy decisions on the advice of flawed economic models. Skidelsky’s clearly written and compelling critique takes aim at the way that economics is taught in today’s universities\, where a focus on modelling leaves students ill-equipped to grapple with what is important and true about human life. He argues for a return to the ideal set out by John Maynard Keynes that the economist must be a “mathematician\, historian\, statesman\, [and] philosopher” in equal measure. \nIn his talk\, Lord Skidelsky will cover:\n– The role of the state in economic growth and development\n– The limitations of equilibrium theorising in economic discourse\n– The use of behavioural economics in modelling social interactions more realistically\n– The role of ideology and power in shaping economic theory\n– The ethical dimensions of economics and market economies\n– The future of the economy and economics \nFollowing the talk\, there’ll be ample time to pose questions to Lord Skidelsky on any dimensions of his talk or book\, so come prepared! \nThe event is free and being a CSEP member is not required. However\, spaces are highly limited so sign-up ASAP to avoid disappointment. \nRegister at Event Brite:\nhttps://www.eventbrite.com.au/e/lord-robert-skidelsky-whats-wrong-with-economics-tickets-192558275987?aff=ebdsoporgprofile
URL:https://politicaleconomyhub.net/event/whats-wrong-with-economics-csep-hosts-lord-robert-skidelsky/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2021/11/robert_skidelsky-e1635765568282.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20211109T110000
DTEND;TZID=America/New_York:20211109T120000
DTSTAMP:20260406T154640
CREATED:20211101T105113Z
LAST-MODIFIED:20211101T105601Z
UID:1100-1636455600-1636459200@politicaleconomyhub.net
SUMMARY:Keynes on Uncertainty and Tragic Happiness.
DESCRIPTION:Webinar Title: Keynes on Uncertainty and Tragic Happiness.\nSpeaker: Featuring a talk by Anna Carabelli on her new book.\nComments by: Robert Dimand and Sheila Dow \nDate: November 9\, 2021\nTime: 11h00 New York Time \nJoin here:\nhttps://laurentian.zoom.us/meeting/register/tJAkdOqvqj4sG93FPnb-zVAHBmBCLh1e6dJh
URL:https://politicaleconomyhub.net/event/keynes-on-uncertainty-and-tragic-happiness/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2021/11/webinarimage-e1635764149774.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20190424T180000
DTEND;TZID=UTC:20190424T193000
DTSTAMP:20260406T154640
CREATED:20190312T125743Z
LAST-MODIFIED:20190312T135814Z
UID:954-1556128800-1556134200@politicaleconomyhub.net
SUMMARY:St Catharine’s Political Economy Seminar – ‘Industrial Policy in the UK' by Diane Coyle
DESCRIPTION:Date: Wednesday\, 24 April 2019\nTime: 18:00 -19:30\nSpeaker: Diane Coyle\nTalk Title: ‘Industrial Policy in the UK’\nLocation: Ramsden Room\, St Catharine’s College \nAll are welcome. The seminar series is supported by the Cambridge Journal of Economics and the Economics and Policy Group at the Judge Business School. \nSpeaker:\nDiane Coyle was previously Professor of Economics at the University of Manchester and has held a number of public service roles including Vice Chair of the BBC Trust (2006-2014)\, member of the Competition Commission (2001-2009)\, and member of the Migration Advisory Committee (2009-2014).\nDiane Coyle is currently a member of the Natural Capital Committee\, an expert adviser to the National Infrastructure Commission and a member of the Council of Economic Advisers. Diane Coyle was awarded a CBE for her contribution to the public understanding of economics in the 2018 New Year Honours. Diane Coyle is heading research in the fields of public policy economics\, technology\, industrial strategy and global inequality.\nDiane Coyle is currently the Bennett Professor of Public Policy\, and Fellow of Churchill College\, University of Cambridge. \nTalk Overview:\nThe disparity between the least and most productive regions in the UK is wide by the standards of many other OECD economies. While there are many contributory factors to the poor economic outcomes of many UK regions\, this paper argues that the concentration of public investment is in and around London and the South East. The appraisal process for infrastructure investment projects follows the methodological set out in the Treasury’s Green Book\, with major funding allocation decisions almost wholly centralised. In this paper\, Diane Coyle argues that this methodology has reinforced the regional imbalance of the UK economy; that recent changes to the appraisal methods are welcome but unlikely by themselves to redress the London bias in infrastructure decisions; and that although evidence-based appraisal is important\, infrastructure investments also need to be based on a strategic view about economic development for the whole of the UK. \nPlease contact the seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson m.kitson@jbs.cam.ac.uk) in the event of a query.
URL:https://politicaleconomyhub.net/event/st-catharines-political-economy-seminar-industrial-policy-in-the-uk-by-diane-coyle/
LOCATION:Ramsden Room\, St Catharine’s College\, St Catharine's College\, Cambridge\, cb21rl\, United Kingdom
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2015/01/ST_Catz_shield.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20181116T093000
DTEND;TZID=UTC:20181116T170000
DTSTAMP:20260406T154640
CREATED:20181003T101027Z
LAST-MODIFIED:20181004T074132Z
UID:893-1542360600-1542387600@politicaleconomyhub.net
SUMMARY:Post-Brexit Options for the UK: New Legal Analysis
DESCRIPTION:The UK is experiencing a crisis on many levels – economic\, political and constitutional – as it faces up to the implications of Brexit. Since June 2016 there has been much speculation on the likely effects of Brexit\, but a failure to focus on the institutional detail of different scenarios. In this conference we will bring to bear the latest legal research on the implications of Brexit for trade\, competition and regulation; the UK’s devolution settlement; and its constitution. There will also be a discussion of options around a second Brexit referendum. \nPeterhouse\, Cambridge\, 16 November 2018\, 9:30-17:00 \nProvisional Schedule:\nPublic Opinion and a Second Referendum\nCharlene Rohr\, RAND Europe\nDavid Howarth\, University of Cambridge \nTrade\, Competition and Regulation:\nAlbertina Albors-Llorens\, University of Cambridge\nSimon Deakin\, University of Cambridge\nMichael Waibel\, University of Cambridge \nDevolution\nElisabeth Jones\, National Assembly for Wales\nJames Wolffe QC\, Lord Advocate for Scotland\nJulian Ghosh QC\, University of Cambridge \nConstitution\nCatherine Barnard\, University of Cambridge\nMartin Steinfeld\, University of Cambridge\nAlison Young\, University of Cambridge \nLocation:\nThe Theatre\, Peterhouse\, Cambridge CB2 1RD\nhttp://www.pet.cam.ac.uk \nRegistration\nTo reserve a place please email Carolyn Twigg (cmt28@cam.ac.uk) asap\, no later than Thursday 8 November 2018.
URL:https://politicaleconomyhub.net/event/post-brexit-options-for-the-uk-new-legal-analysis/
CATEGORIES:Lecture,Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2018/10/Camb_Public_Policy_SRI.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20181031T170000
DTEND;TZID=UTC:20181031T190000
DTSTAMP:20260406T154640
CREATED:20181026T093036Z
LAST-MODIFIED:20181026T093426Z
UID:905-1541005200-1541012400@politicaleconomyhub.net
SUMMARY:'Growth and Crisis under Finance-dominated Capitalism: A Stock-flow consistent approach' - Professor Amit Bhaduri
DESCRIPTION:Professor Amit Bhaduri (Delhi) on Wednesday 31 October at 17.00 \n‘Growth and Crisis under Finance-dominated Capitalism: A Stock-flow consistent approach’ \nDiscussant: Professor Jerzy Osiatynski (Polish Monetary Policy Committee) \nAlumni Lecture Theatre (Paul Webley Wing\, Senate House North Block)\nSOAS\, University of London\nThornhaugh Street\nLondon WC1H 0XG \nnearest underground station: Russell Square. \nResearch on Money and Finance – RMF\nwww.researchonmoneyandfinance.org \nTo post to this group\, send email to repemf@googlegroups.com\nFor more options\, visit this group at\nhttp://groups.google.com/group/repemf?hl=en
URL:https://politicaleconomyhub.net/event/growth-and-crisis-under-finance-dominated-capitalism-a-stock-flow-consistent-approach-amit-bhaduri/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2017/09/SOASUniLondon.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20181011T170000
DTEND;TZID=UTC:20181011T190000
DTSTAMP:20260406T154640
CREATED:20181002T103640Z
LAST-MODIFIED:20181002T103640Z
UID:878-1539277200-1539284400@politicaleconomyhub.net
SUMMARY:SOAS Money and Development Seminars: Trevor Evans 'The Economic Expansion in the US since 2009' - 11 Oct
DESCRIPTION:Trevor Evans (Berlin) will give the next Money and Development Seminar on ‘The Economic Expansion in the US since 2009’ \nThursday 11 October at 17.00 \nIn room SG35 (Paul Webley Wing\, Senate House North Block)\nSOAS\, University of London\nThornhaugh Street\nLondon WC1H 0XG \nnearest underground station: Russell Square
URL:https://politicaleconomyhub.net/event/soas-money-and-development-seminars-trevor-evans-the-economic-expansion-in-the-us-since-2009-11-oct/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2017/09/SOASUniLondon.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20181010T170000
DTEND;TZID=UTC:20181010T183000
DTSTAMP:20260406T154640
CREATED:20181002T105429Z
LAST-MODIFIED:20181002T112250Z
UID:887-1539190800-1539196200@politicaleconomyhub.net
SUMMARY:Ann Pettifor "Can a British government regain control over the financial system - a great public good? Or are we doomed to more financial crises?"
DESCRIPTION:Seminar by Ann Pettifor on “Can a British government regain control over the financial system – a great public good? Or are we doomed to more financial crises?” on 10 October 2018\, at the University of Greenwich\, King William Court\, room KW303\, at 17:00-18:15. \nThe talk is part of the Big Picture Series of the University of Greenwich\, and it is co-organised by the Greenwich Political Economy Research Centre/ Institute of Political Economy.
URL:https://politicaleconomyhub.net/event/ann-pettifor-can-a-british-government-regain-control-over-the-financial-system-a-great-public-good-or-are-we-doomed-to-more-financial-crises/
LOCATION:University of Greenwich\, Park Row\, London\, SE10 9LS\, United Kingdom
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2016/11/greenwich_logo.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20171205T120000
DTEND;TZID=UTC:20171205T140000
DTSTAMP:20260406T154640
CREATED:20171024T105506Z
LAST-MODIFIED:20171024T111442Z
UID:750-1512475200-1512482400@politicaleconomyhub.net
SUMMARY:CBR seminar: “Japan’s corporate governance and value creation via equity spread”\, Dr. Ryohei Yanagi
DESCRIPTION:Date: Tuesday 5th December 2017\nTime: 12:00 noon\nVenue: Ground Floor Meeting Room\, 10 Trumpington Street\, Cambridge\, CB2 1QA\nSpeaker: Dr. Ryohei Yanagi \nDr. Ryohei Yanagi will give a presentation entitled “Japan’s corporate governance and value creation via equity spread”. The focus of this presentation will be the urgent need for Japanese businesses to have greater awareness of cost of capital\, which traditionally has been overlooked in favour of simple operational profitability. His view is that lack of understanding of this key principle is damaging the whole Japanese economy and hindering the revival that the Abe administration seeks. \nDr. Yanagi is the CFO of Eisai\, one of Japan’s leading pharmaceutical companies\, which has established a reputation for its innovative corporate governance. While working as Eisai’s CFO\, Dr. Yanagi holds posts at two Japanese universities as a visiting lecturer and has been campaigning for greater financial awareness among Japanese management for many years. His work as a member of various expert committees gives him a special insight into the debates underlying current efforts to refocus Japanese corporate governance practices. \nSpace is limited so to secure a place please email Rachel Wagstaff at r.wagstaff@cbr.cam.ac.uk
URL:https://politicaleconomyhub.net/event/cbr-seminar-japans-corporate-governance-and-value-creation-via-equity-spread-dr-ryohei-yanagi/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2017/10/cbrlogo.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20171129T170000
DTEND;TZID=UTC:20171129T190000
DTSTAMP:20260406T154640
CREATED:20170919T085714Z
LAST-MODIFIED:20171108T104741Z
UID:699-1511974800-1511982000@politicaleconomyhub.net
SUMMARY:A European Future for Brexit Britain? by Lord Roger Liddle
DESCRIPTION:29 November 2017: A European Future for Brexit Britain? \nLord Roger Liddle will discuss the current state of the Brexit negotiations; whether it is clear what Britain really wants from Brexit; a realistic set of Brexit options for Britain and Britain’s European future. The lecture is part of the University of Greenwich Big Picture Lecture Series and it is co-organised by GPERC and FEPS.\nLocation: University of Greenwich\, King William Court room KW303.\nTime: 17:00-19:00.
URL:https://politicaleconomyhub.net/event/a-european-future-for-brexit-britain-by-lord-roger-liddle/
LOCATION:Greenwich University
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2016/11/greenwich_logo.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20171115T170000
DTEND;TZID=UTC:20171115T190000
DTSTAMP:20260406T154640
CREATED:20171025T100754Z
LAST-MODIFIED:20171031T094731Z
UID:763-1510765200-1510772400@politicaleconomyhub.net
SUMMARY:Cambridge Society for Economic Pluralism – Colonial Legacies
DESCRIPTION:Title: Colonial Legacies: How does Colonialism shape today’s development challenges\nSpeakers: Dr Shailaja Fennell (University of Cambridge) and Dr Jason Hickel (London School of Economics)\nLocation: tbc
URL:https://politicaleconomyhub.net/event/cambridge-society-for-economic-pluralism-colonial-legacies/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2015/02/CSEP_banner.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20171102T170000
DTEND;TZID=UTC:20171102T190000
DTSTAMP:20260406T154640
CREATED:20171012T114138Z
LAST-MODIFIED:20171016T103738Z
UID:725-1509642000-1509649200@politicaleconomyhub.net
SUMMARY:Cambridge Society for Economic Pluralism – Behavioural Economics: The Final Frontier of Economics
DESCRIPTION:2 November\nSpeakers: Dr Alain Samson & David De Cremer\nLocation: tbc \n 
URL:https://politicaleconomyhub.net/event/cambridge-society-for-economic-pluralism-behavioural-economics-the-final-frontier-of-economics/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2015/02/CSEP_banner.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20171026T170000
DTEND;TZID=UTC:20171026T190000
DTSTAMP:20260406T154640
CREATED:20171012T113513Z
LAST-MODIFIED:20171012T113738Z
UID:721-1509037200-1509044400@politicaleconomyhub.net
SUMMARY:Cambridge Society for Economic Pluralism – Women as Economic Victims
DESCRIPTION:26 Oct\nSpeakers: Catherine Hakim & Ben Southwood\nLocation: Room 4\, Mill Lane Lecture Rooms \n 
URL:https://politicaleconomyhub.net/event/cambridge-society-for-economic-pluralism-women-as-economic-victims/
LOCATION:Mill Lane Lecture Rooms\, Silver Street \, Cambridge\, Cambridgeshire\, CB2 1RL\, United Kingdom
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2015/02/CSEP_banner.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20171018T170000
DTEND;TZID=UTC:20171018T190000
DTSTAMP:20260406T154640
CREATED:20170919T082945Z
LAST-MODIFIED:20170919T083243Z
UID:696-1508346000-1508353200@politicaleconomyhub.net
SUMMARY:Credit Failures by Professor Herakles Polemarchakis
DESCRIPTION:18 October 2017: Credit Failures\nResearch seminar by Professor Herakles Polemarchakis\, University of Warwick\, jointly organised by GPERC\, FEPS and the department of International Business and Economics (IBE).\nLocation: Room QA065\, University of Greenwich\, Queen Anne Court\nTime: 16:00-18:00
URL:https://politicaleconomyhub.net/event/credit-failures-by-professor-herakles-polemarchakis/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2016/11/greenwich_logo.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20171005T170000
DTEND;TZID=UTC:20171005T190000
DTSTAMP:20260406T154640
CREATED:20170919T081827Z
LAST-MODIFIED:20170919T081950Z
UID:693-1507222800-1507230000@politicaleconomyhub.net
SUMMARY:The Complexity Approach to Post Keynesian Macro-modeling
DESCRIPTION:5 October 2017: The Complexity Approach to Post Keynesian Macro-modeling by Corrado Di Guilmi \nResearch seminar by Corrado Di Guilmi\,  University of Technology Sydney\, jointly organised by GPERC and FEPS.\nLocation: Room: QA065\, University of Greenwich\, Queen Anne Court\nTime: 17:00-19:00
URL:https://politicaleconomyhub.net/event/the-complexity-approach-to-post-keynesian-macro-modeling/
LOCATION:Greenwich University
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2016/11/greenwich_logo.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20170919T080000
DTEND;TZID=UTC:20170919T170000
DTSTAMP:20260406T154640
CREATED:20170919T092847Z
LAST-MODIFIED:20170919T101042Z
UID:704-1505808000-1505840400@politicaleconomyhub.net
SUMMARY:Climate Change and International Development: what needs to be done? by Sam Bickersteth
DESCRIPTION:6 December 2017: Climate Change and International Development: what needs to be done? \n\nDecember 2015 marked a high point of multilateralism when 190 countries came together in Paris and agreed to take action on climate change. More than ever action on climate change needs to be taken as extreme climate events become the norm and tipping points ever nearer but in 2017 increased political uncertainty has made progress on the Paris Agreement harder to implement. Sam Bickersteth will provide his perspectives on a future agenda for action in the wake of the latest UN climate talks concluding on Bonn on 17th November 2017. Sam will draws on his experiences from a career in international development and leading the Climate and Development Knowledge Network (CDKN) over the past seven years. The lecture is part of the University of Greenwich Big Picture Lecture Series and it is co-organised by GPERC and FEPS. \nLocation: room SL101\, University of Greenwich\, Stephen Lawrence Building\nTime: 17:00-19:00. \nNo booking is required by seating will be allocated in a first-come first-serve basis.
URL:https://politicaleconomyhub.net/event/climate-change-and-international-development-what-needs-to-be-done-by-sam-bickersteth/
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2016/11/greenwich_logo.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20170322T160000
DTEND;TZID=UTC:20170322T180000
DTSTAMP:20260406T154640
CREATED:20170321T130833Z
LAST-MODIFIED:20170321T131653Z
UID:622-1490198400-1490205600@politicaleconomyhub.net
SUMMARY:'Does inequality hamper innovation and growth?' Alberto Russo & ‘A simple formalisation of Minsky's business cycle theory’ by Rob Jump
DESCRIPTION:‘Does inequality hamper innovation and growth?’ by Alberto Russo (Marche Polytechnic University) \nAbstract: The paper builds upon the Agent Based-Stock Flow Consistent model presented in Caiani et al. (2015) to analyze the relationship between income and wealth inequality and economic development. For this sake\, the original model has been amended under three main dimensions: first\, the households sector has been subdivided into workmen\, office workers\, researchers\, and executives which compete on segmented labor markets.  Conversely\, firms are now characterized by a hierarchical organization structure which determines\, according to firms’ output levels\, their demand for each type of workers. Second\, in order to account for the impact of income and wealth distribution on consumption patterns\, different households classes – also representing different income groups – have diversified average propensities to consume and save. Finally\, the model now embeds technological change in an evolutionary flavor\, affecting labor productivity evolution in the consumption sector through product innovation in the capital sector\, where firms invest in R&D and produce differentiated vintages of machineries. The model is then calibrated using realistic values for both income and wealth distribution across different income groups\, and their average propensities to consume. Results of the simulation experiments suggest that more progressive tax schemes and labor market policies aiming to increase low and middle workers’ coordination\, and to support their wage levels\, concur to foster economic development and to reduce inequality\, though the latter seem to be more effective under both respects. The model thus provides some evidence in favor of a wage-led growth regime\, where improvements of middle-low levels workers’ conditions create positive systemic effects\, which eventually trickle up also to high income-profit earners households. \n‘A simple formalisation of Minsky’s business cycle theory’ by Rob Jump (Kingston University) \nAbstract: This paper presents a simple model of Minsky’s business cycle theory. The model is based on the Phillips (1954) continuous time multiplier accelerator model\, where firms have a target debt to income ratio\, rather than a target capital to income ratio. Via a strategy switching mechanism\, fluctuations with a smaller perceived volatility lead to firms reducing their margins of safety by moving towards higher debt to income ratios. This increases volatility\, the economy is destabilised\, and firms increase their margins of safety by moving towards lower debt to income ratios. Hence the cycle repeats itself\, and “stability is destabilising”.  The simple model relies on an approximate aggregation assumption\, and we estimate the approximation bias numerically using techniques from agent based modelling. \nPlease join us for this event as part of the Economic Department Research Seminar Series\, it is free to attend. \nBooking and further information: http://www.kingston.ac.uk/events/item/2502/22-mar-2017-economics-research-seminar-with-alberto-russo-and-rob-jump/ \nContact: Antoine Godin (A.Godin@kingston.ac.uk) \nVenue: JG 3013 \nHow to find us: The seminar takes place at Penryhn Road Campus (Kingston upon Thames\, Surrey\, KT1 2EE). Public Transport: take train from London Waterloo to Surbiton (20 mins approx.) and walk (15 mins approx.) or buses 71\, 281\, K2\, K3 (5 mins approx.) from Surbiton Station to Kingston University. For further details and driving directions\, please go http://www.kingston.ac.uk/aboutkingstonuniversity/location/howtofindus/penrhynroad/ \n  \n 
URL:https://politicaleconomyhub.net/event/does-inequality-hamper-innovation-and-growth-alberto-russo/
LOCATION:Kingston University\, Penrhyn Road\, Kingston\, Surrey\, \, KT1 2EE\, United Kingdom
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2016/11/Kingstonw.jpg
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BEGIN:VEVENT
DTSTART;TZID=UTC:20161130T160000
DTEND;TZID=UTC:20161130T180000
DTSTAMP:20260406T154640
CREATED:20161124T132238Z
LAST-MODIFIED:20161124T132944Z
UID:505-1480521600-1480528800@politicaleconomyhub.net
SUMMARY:Kingston Economic Department Research Seminar Series – ‘Much of the ‘economics of property rights’ devalues property and legal rights' Geoffrey Hodgson
DESCRIPTION:This event is part of the Kingston Economic Department Research Seminar Series. \nDate: Wednesday 30 November 2016\nTime: 4.00pm – 6.00pm\nVenue: JG 4006 (John Galsworthy building)\, Penryhn Road Campus\, Kingston upon Thames\nPrice: free\nBooking and further information: http://www.kingston.ac.uk/events/item/2339/30-nov-2016-economics-research-seminar-with-geoffrey-hodgson-and-bill-dunn/\nContact: Antoine Godin (A.Godin@kingston.ac.uk) \n‘Much of the ‘economics of property rights’ devalues property and legal rights’ by Geoffrey Hodgson (University of Hertfordshire)\, see also: http://newpolitics.apps-1and1.net/property-when-ludwig-von-mises-got-into-bed-with-karl-marx \nAbstract: Legal theorists and other commentators have long established a distinction between property and possession. According to this usage adopted here\, possession refers to control of a resource\, but property involves legally sanctioned rights. Strikingly\, prominent foundational accounts of the ‘economics of property rights’ concentrate on possession\, downplaying the issue of legitimate legal rights (Alchian\, 1965\, 1977; Barzel\, 1994\, 1997\, 2002; von Mises\, 1981). Some authors in this genre make a distinction between ‘economic rights’ and ‘legal rights’ where the former are more to do with possession or the capacity to control. They argue that ‘economic rights’ are primary and more relevant for understanding behaviour. But it is argued here that legal factors – involving recognition of authority and perceived justice or morality – have also to be brought into the picture to understand human motivation in modern societies\, even in the economic sphere. As other authors including Hernando De Soto (2000) have pointed out\, the neglect of the legal infrastructure that buttresses property has deleterious implications\, including a failure to understand the role of property in supporting collateralized loans for innovation and economic development. \n‘Putting finance in its place: Marx\, Keynes and the interstate system ‘ by Bill Dunn (University of Sidney) \nAbstract: The paper argues that Marxist theories of money and finance remain underdeveloped and can be enriched by a critical appropriation of Keynesian insights. It advocates a theory of money and finance based on the mutual but asymmetrical interrelations of class\, capital and state institutions. It argues that accepting a Marxist epistemology and the conceptual priority of social relations of production requires rather than denies acknowledging an active financial agency. However\, this agency is socially constructed and constrained. With the appropriate conceptual level of ‘the social’ seen as essentially global\, this also involves\, amongst other things\, discarding the exogenous / endogenous distinction but seeing states and their financial power\, like that of other institutions\, as framed within rather than as external to the social relations of production. \nHow to find us: The seminar takes place at Penryhn Road Campus (Kingston upon Thames\, Surrey\, KT1 2EE). Public Transport: take train from London Waterloo to Surbiton (20 mins approx.) and walk (15 mins approx.) or buses 71\, 281\, K2\, K3 (5 mins approx.) from Surbiton Station to Kingston University. For further details and driving directions\, please go http://www.kingston.ac.uk/aboutkingstonuniversity/location/howtofindus/penrhynroad/ \n 
URL:https://politicaleconomyhub.net/event/ingston-economic-department-research-seminar-series-much-of-the-economics-of-property-rights-devalues-property-and-legal-rights-geoffrey-hodgson/
LOCATION:Kingston University\, Penrhyn Road\, Kingston\, Surrey\, \, KT1 2EE\, United Kingdom
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2016/11/Kingstonw.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20161129T020000
DTEND;TZID=UTC:20161129T183000
DTSTAMP:20260406T154640
CREATED:20161101T123232Z
LAST-MODIFIED:20161121T102130Z
UID:487-1480384800-1480444200@politicaleconomyhub.net
SUMMARY:Inequality\, Wages and Finance Seminar
DESCRIPTION:The Inequality\, Wages and Finance Seminar is hosted by the Open Political Economy Group (OPEG) at the Open University (OU)\, and is the fifth seminar in the series. \nTime: 29 November 2016\, 14:00 – 18:30\nLocation: Room 2\, The Open University\, 1-11 Hawley Crescent\, Camden Town\, London NW1 8NP \nFactor Income Distribution\, Work and Employment: Social and Economic Perspectives is an ESRC-funded series of six seminars taking place at the OU (London)\, Nottingham Business School\, Leeds University Business School and Birmingham City University. The aim of the series is to explore factor income distribution from a plurality of perspectives\, including heterodox approaches (such as post-Keynesianism\, Kaleckian and radical economics) as well as mainstream analyses. The gender lens of feminist economics will also be considered\, together with institutional perspectives and contributions from other disciplines. \nParticipants from government\, industry and the university sector are warmly invited to attend and PhD students are especially welcome. This seminar will be followed\, on Wednesday 30 November\, by a postgraduate workshop\, organised by OPEG research students. For more information\, how to register\, and request travel bursaries\, for both events:\nhttp://www.open.ac.uk/ikd/events/inequality-wages-and-finance\nhttp://www.open.ac.uk/ikd/events/insights-methodological-approaches-economic-research
URL:https://politicaleconomyhub.net/event/inequality-wages-and-finance-seminar/
CATEGORIES:Seminar
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20161121T173000
DTEND;TZID=UTC:20161121T190000
DTSTAMP:20260406T154640
CREATED:20161011T100402Z
LAST-MODIFIED:20161121T102857Z
UID:480-1479749400-1479754800@politicaleconomyhub.net
SUMMARY:Cambridge Society for Economic Pluralism: Arthur Kroeber & Joe Studwell 'Understanding the Chinese Economy: where is it headed?'
DESCRIPTION:Cambridge Society for Economic Pluralism Free events: \nArthur Kroeber & Joe Studwell ‘Understanding the Chinese Economy: where is it headed?’\nToday 5:30 PM · Mill Lane Room 1
URL:https://politicaleconomyhub.net/event/cambridge-society-for-economic-pluralism-arthur-kroeber-joe-studwell-understanding-the-chinese-economy-where-is-it-headed/
LOCATION:Mill Lane Lecture Rooms\, Silver Street \, Cambridge\, Cambridgeshire\, CB2 1RL\, United Kingdom
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2016/11/csepw.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20161115T193000
DTEND;TZID=UTC:20161115T210000
DTSTAMP:20260406T154640
CREATED:20161114T125802Z
LAST-MODIFIED:20161114T131805Z
UID:492-1479238200-1479243600@politicaleconomyhub.net
SUMMARY:Cambridge Society for Economic Pluralism: Dr Shailaja Fennell & Dr Jason Hickel ‘Colonial Legacies: How does colonialism shape today's development challenges?’
DESCRIPTION:The purpose of this event is to discuss countries’ colonial experiences as more than a historical footnote with regard to their development. It is to think systematically about how the imposition of colonial rule still affects aspects of a society’s politics\, institutions and economic outcomes\, and in doing so to help better understand the challenges faced by modern developing economies.
URL:https://politicaleconomyhub.net/event/cambridge-society-for-economic-pluralism-arthur-kroeber-joe-studwell-how-does-colonialism-shape-todays-development-challenges/
LOCATION:Mill Lane Lecture Rooms\, Silver Street \, Cambridge\, Cambridgeshire\, CB2 1RL\, United Kingdom
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2016/11/csepw.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20161114T073000
DTEND;TZID=UTC:20161114T220000
DTSTAMP:20260406T154640
CREATED:20160920T110234Z
LAST-MODIFIED:20161114T134745Z
UID:457-1479108600-1479160800@politicaleconomyhub.net
SUMMARY:Cambridge Realist Workshop – Simon Deakin ‘The Ontology of Corruption?’
DESCRIPTION:Speaker: Simon Deakin\, University of Cambridge \nTalk Title: ‘The Ontology of Corruption?’ \nDrinks available from 7:30 pm\, talk starts at 8pm.
URL:https://politicaleconomyhub.net/event/cambridge-realist-workshop-speaker-simon-deakin/
LOCATION:Latimer Room\, Clare College\, Clare College\, Cambridge\, United Kingdom
CATEGORIES:CRW,Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2015/08/csog.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20161102T170000
DTEND;TZID=UTC:20161102T180000
DTSTAMP:20260406T154640
CREATED:20161011T095827Z
LAST-MODIFIED:20161114T140228Z
UID:478-1478106000-1478109600@politicaleconomyhub.net
SUMMARY:Cambridge Society for Economic Pluralism: Dr Alain Samson & Prof David De Cremer 'Behavioural Economics: The Final Frontier of Economics'
DESCRIPTION:Cambridge Society for Economic Pluralism Free events: \nDr Alain Samson & Prof David De Cremer ‘Behavioural Economics: The Final Frontier of Economics’ \nMill Lane Room 2 \n 
URL:https://politicaleconomyhub.net/event/cambridge-society-for-economic-pluralism-dr-alain-samson-prof-david-de-cremer-behavioural-economics-the-final-frontier-of-economics/
LOCATION:Mill Lane Lecture Rooms\, Silver Street \, Cambridge\, Cambridgeshire\, CB2 1RL\, United Kingdom
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/png:https://politicaleconomyhub.net/wp-content/uploads/2016/11/csepw.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20161031T193000
DTEND;TZID=UTC:20161031T220000
DTSTAMP:20260406T154640
CREATED:20160920T104318Z
LAST-MODIFIED:20161114T135740Z
UID:456-1477942200-1477951200@politicaleconomyhub.net
SUMMARY:Cambridge Realist Workshop – Dave Elder-Vass ‘How to change economics: learning from the economy beyond the marketplace’
DESCRIPTION:Speaker: Dave Elder-Vass\, Loughborough University \nTalk Title: ‘How to change economics: learning from the economy beyond the marketplace’ \nDrinks available from 7:30 pm\, talk starts at 8pm. \n 
URL:https://politicaleconomyhub.net/event/cambridge-realist-workshop-speaker-dave-elder-vass/
LOCATION:Latimer Room\, Clare College\, Clare College\, Cambridge\, United Kingdom
CATEGORIES:CRW,Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2015/08/csog.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20161026T160000
DTEND;TZID=UTC:20161026T180000
DTSTAMP:20260406T154640
CREATED:20161019T121801Z
LAST-MODIFIED:20161124T133438Z
UID:483-1477497600-1477504800@politicaleconomyhub.net
SUMMARY:Kingston Economic Department Research Seminar Series - Davoud Taghawi-Nejad (University of Oxford) and Willem Spanjers (Kingston University)
DESCRIPTION:Date: Wednesday 26 October 2016\nTime: 4.00pm – 6.00pm\nVenue: JG 4006 (John Galsworthy building)\nPrice: free \n‘Web-Enabled Policy Advice – Modelling the Saudi Arabian Labour Market’ by Davoud Taghawi-Nejad (University of Oxford) \nBooking and further information: http://www.kingston.ac.uk/events/item/2338/26-oct-2016-economics-research-seminar-with-davoud-taghawinejad-and-willem-spanjers/\nContact: Antoine Godin (A.Godin@kingston.ac.uk) \nAbstract: One of Saudi Arabia’s principal problems is unemployment of Saudi nationals\, which is\, at least partially\, caused by the fact that seven million expatriates reside in the country and hold the majority of the available jobs. In order to address this problem we created a data-driven agent-based policy simulator of the Saudi labour market. The purpose of our model was to evaluate Saudi Arabia’s policy options to increase employment of Saudi nationals: taxes on expatriates\, quotas\, and minimum wages (in general and for expatriates).\nThe model consists of Saudi and expatriate workers and Firms that hire employees. Firms prefer to hire workers with the best productivity – cost profile\, but hire in accordance with the law. Their behaviour has been calibrated with time-series and firm-level data. It is possible to run the simulation with different policies\, which influence the firm’s decisions and therefore the simulation outcomes. With the agent-based model we showed the best policy answer for each sector. This model was delivered not only as part of an academic paper but also as a web-enabled policy simulator. Beyond testing and designing policy\, the model could also be used to train policymakers’ intuition and understanding of the labour market. In the second half of the talk I will address the use of policy simulators in policy advice and our experience in working with the Saudi Arabian Ministry of Labour in particular. \n‘Liquidity Provision\, Ambiguous Asset Returns and the Financial Crisis’ by Willem Spanjers (Kingston University) \nAbstract: For an economy with dysfunctional intertemporal financial markets the financial sector is modelled as a competitive banking sector offering deposit contracts. In a setting similar to Allen and Gale (1998\, [1]) properties of the optimal liquidity provision are analysed for illiquid assets with ambiguous returns. In the context of the model\, ambiguity – i.e. incalculable risk – leads to dynamically inconsistent investor behaviour. If the financial sector fails to recognize the presence of ambiguity\, unanticipated fundamental crises may occur\, which are incorrectly blamed on investors ‘loosing their nerves’ and ‘panicking’.\nThe basic mechanism of the current financial crisis resembles a banking panic in the presence of ambiguous asset returns. The combination of providing additional liquidity and supporting distressed financial institutions implements the regulatory policy suggested by the model.\nA credible commitment to such ‘bail-out policy’ does not create a moral hazard problem. Rather\, it implements the second best efficient outcome by discouraging excessive caution. Reducing ambiguity by increasing stability\, transparency and predictability – as suggested by ordo-liberalism and the ‘Freiburger Schule’ – enhances ex-ante welfare. \nHow to find us: The seminar takes place at Penryhn Road Campus (Kingston upon Thames\, Surrey\, KT1 2EE). Public Transport: take train from London Waterloo to Surbiton (20 mins approx.) and walk (15 mins approx.) or buses 71\, 281\, K2\, K3 (5 mins approx.) from Surbiton Station to Kingston University. For further details and driving directions\, please go http://www.kingston.ac.uk/aboutkingstonuniversity/location/howtofindus/penrhynroad/ \n 
URL:https://politicaleconomyhub.net/event/kingston-economic-department-research-seminar-series-davoud-taghawi-nejad-university-of-oxford-and-willem-spanjers-kingston-university/
LOCATION:Kingston University\, Penrhyn Road\, Kingston\, Surrey\, \, KT1 2EE\, United Kingdom
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://politicaleconomyhub.net/wp-content/uploads/2016/11/Kingstonw.jpg
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END:VCALENDAR