|
(I can't quite believe this: one of the world's stodgiest, most
reactionary central banks will try dabbling in Marxian economics? Uh
oh!)
SARB COLLEGE Overview of macroeconomic schools of thought
seminar 20 June 2012 Event Directors: Prof
Piet Hein van Eeghen 09:00 – 09:15 Opening
and welcome
Dr Gilbert Wesso:
Principal SARB College 09:15 – 10:30 Perspectives on
Marx and his monetary
thought
10:30 – 11:00 Break 11:00
– 12:30 A
refresher of the
19th –century banking-currency schools controversy,
including the
Wicksellian dual interest rate theory A
refresher of the 19th –century banking-currency
schools controversy
12:30 – 13:30 Lunch 13:30 – 15:00 Foundations: the role of money and the
form of the budget
equation
Bridge to
the moderns; Patinkin’s
general
equilibrium macroeconomics and its treatment of money
Contemporary
New Keynesian DSGE modelling: the
reduction
of money to a ‘friction’‘ 15:00 – 15:15 Break 15:15
– 16:30 Quantitative
easing: implications for
the
transmission mechanism of monetary policy 15:00 – 15:30 Course
closure and certificate ceremony
Dr Rashad Cassim |
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