👋 New here? This is one of many YSI projects happening around the world, all year round. All projects are hosted by members of the YSI community. They provide an opportunity to advance your knowledge, and build research collaborations around a pressing economic issue.
- This project has passed.
International Lender of Last Resort
The Price Level and the Inflation Rate
Location:
Online
Type:
Other
YSI Presenters
Description
This our weekly discussion of the price level as it relates to Perry Mehrling's money view. The price level is the average price of goods in terms of money or, equivalently, the price of money in terms of goods. But what determines the price level? Why is the price level important? And how does it fit into the money view?
Today, we will discuss a recent Perry Mehrling paper that examines the international monetary policy response to the Covid-19 crisis:
"Where's My Swap Line?" A money View of International Lender of Last Resort
How do international lender-of-last-resort actions fit in with exchange rates? What can we understand about the economic constraints faced by our institutions? What are the limits to central-bank cooperation? Do price levels matter? How?
Hosted by Working Group(s):
Organizers
Attendees
Alex Howlett
Ramon Gimenez
Larissa de Lima
Cameron Thomas
Jay Pocklington
Jian Condori
Rok Piletic
Not the right project for you?
Take a look at the below.
They are open for applications.
250 Years of the Wealth of Nations: New Perspectives on Adam Smith’s Political Economy
Contours Of Conflict in Africa: Economics and the Contradictions of Liberation in Southern and Central Africa
Be the first to know:
Subscribe to the YSI newsletter to find out when new projects go live.
