The Post-Covid Global Economy: Could Negative Supply Shocks Disrupt Other Fragile Systems?
Jan 26, 2023
Possible repercussions of economic crisis on the stability of democracies that already show significant signs of fragility
YSI @ the 45th Eastern Economics Association Conference
Feb 28–Mar 3, 2019
The Keynesian Economics and Complexity Economics Working Groups announce two special sessions, to be held at the annual conference of the EEA in New York.
Summer School on Computational Methods and Agent Based Modelling in Economics
Dec 3–7, 2018
The YSI Complexity Economics Working Group is delighted to invite all Young Scholars interested in Agent Based Modeling to apply for the Summer School on Computational Methods and Agent Based Modeling (Curitiba Summer School)
YSI @ Energy Innovation Academy
Nov 28–30, 2018
The FSR Energy Innovation Area and the Complexity Economics Working Group of the Young Scholars Initiative (YSI) have the pleasure to invite you to participate in the 1st Energy Innovation Academy.
YSI Workshop: Innovation, Economic Complexity and Economic Geography
In collaboration with the Collective Learning Group at the MIT Media Lab in Cambridge, Massachusetts.
Aug 5–7, 2018
The workshop aims to bring together experienced researchers with young scholars in the fields of Innovation, Economic Complexity and Economic Geography to understand knowledge accumulation and spillovers through products, people and places. Those interested in interdisciplinary research, especially bridging a gap between these topics are strongly encouraged to apply.
World Economic RoundtableDiscussion
Explaining a Decade of Stagnation: Where Do We Go From Here?
Dec 14, 2017
The World Economic Roundtable seeks to help the business, investment, and policy communities understand ongoing changes in the world economy and to promote a discussion of ideas that can advance the goal of a widely shared global prosperity.
The Four Horsemen of the Econopocalypse
Jul 26, 2017
If standard economic theory can’t explain a traffic jam, how can it cope with crises?
The Economics of Post-Factual Democracy
Debating bubbles and the implication of the post-truth phenomena and expertise on modern democracies
Feb 9–10, 2017
Young Scholars from the YSI working groups on Innovation, Complexity Economics, Philosophy of Economics and Financial Stability will present their research at a one-day workshop following The Economics of Post-Factual Democracy conference in Copenhagen, Denmark.
INET Research in a Year of Living Dangerously
Dec 29, 2016
Notes from the Institute’s Director of Research on some significant papers and contributions produced in 2016 under the INET rubric
Understanding the Economics of Networks
Sep 7, 2016
Prof. Sanjeev Goyal explains his general theory of network formation based on individual incentives, and their economic implications
How Dated Theories & Underlying Research Misguide Policy
Jul 15, 2015
The financial crisis of 2008 was unforeseen to a significant extent. One reason is that the dominant academic theories influencing political decision makers ignore recent advances and instead rely largely on models and decision science dating back to the Second World War.
Finance & SocietyConference
May 5–6, 2015
Senator Elizabeth Warren, Federal Reserve Chairman Janet Yellen, and IMF Managing Director Christine Lagarde joined a renowned group of globally influential women in discussing how the financial system can be re-imagined to truly benefit society.
A New Rational Expectations Hypothesis: What Can Economists Really Know About the Future?
John Muth proposed the Rational Expectations Hypothesis (REH) to represent how the market (an aggregate of its participants) understands and forecasts outcomes. REH imposes internal consistency between the market’s forecasts and “the relevant economic theory” (Muth 1961, p. 316).
Information and Economics: A New Way to Think About Expectations and to Improve Economic Prediction.
The largely unexpected arrival of the global economic crisis and the largely unpredicted slowness of the recovery from the Great Recession should be precipitating an intellectual crisis across economics and policy making. We require additional theories and additional methods to detect how an economy is evolving and to provide the basis for policy intervention (Haldane, 2014).
Social Interaction Models and Keynes' Macroeconomics
The central concepts of Keynes’ macroeconomic theories concerning the behavior of labor markets, aggregate demand, and asset pricing can be formulated as special cases of a general social interaction model.