Finance

This research project creates a new database of international capital flows from the early 19th century, when London became the financial capital of the world, until 1931, when international capital markets collapsed.

This research project examines the role of political and social unrest by analyzing their effects on bond and stock markets over the period 1900-2000.

This research project investigates whether rising inequality has contributed to the macroeconomic imbalances that erupted in the present crisis, based on a Kaleckian macroeconomic model.

This research project focuses on the sustainability of economic growth and implications for distribution, employment, stability, and economic policy.

Some Fundamental Keynesian and Post-Keynesian Insights, with an Analysis of Possible Mechanisms to Achieve a Sustained Recovery

Patrick Honohan, Governor of the Central Bank of Ireland, discusses the Irish banking crisis.

‘Tis the season to celebrate gift giving. But for big banks Santa Claus comes all the time, in the form of handsomely wrapped subsidies and subtly packaged regulatory nuances worth more more gold than the wildest dreams of the Three Wise Men.

This paper applies Schein’s model of organizational culture to financial firms and their prudential regulators.

With the RMB in the SDR, careful progression in China could balance the international monetary system.

There is a deeper story to be told about the inclusion of the Renminbi.

How might a reimagined American foreign policy both bolster the domestic economy and help build a 21st-century global economy that works for everyone?

“Governments propose, markets dispose,” as Charles Kindleberger liked to say.

Lord Adair Turner visited the Oxford Martin Lecture Theatre on Tuesday 24 November for a well-attended INET Oxford event launching his latest book ‘Between Debt and the Devil: Money, Credit, and Fixing Global Finance’ (Princeton University Press).

This paper analyzes what assumptions on formation of expectations are consistent with Minsky’s Financial Instability Hypothesis (FIH) and its corollaries.

This paper analyses the financial assistance provided to Greece in the first two rescue packages granted by the Troika (European Union, European Central Bank and IMF).