Money & Banking

    Modern macroeconomics and finance have both turned their backs on the study of money and banking but, after 2008, we need new economic thinking about money and banking more than ever. We must rediscover, rework and develop the study of banking and central banking, bringing both into the globalization age.

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    Debt Servicing, Aggregate Consumption, and Growth

    We develop a neo-Kaleckian growth model that emphasizes the importance of consumption behavior. Read more

    Money & Banking: The I Theory of Money

    This lecture series “Money & Banking” is based on Brunnermeier and Sannikov’s research papers “The I Theory of Money” and “Redistributive Monetary PolicyRead more