👋 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.
The Shift to Market-Based Public Debt
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?
This week, we will explore what happens when public-debt management shifts away from the state toward central banks and financial markets. How does this shift constrain public borrowing and other fiscal policy? To what extent does it constrain the price level of goods and services?
To prompt discussion, we're reading a chapter by Anush Kapadia and Benjamin Lemoine from the 2020 book A World of Public Debts.
Hosted by Working Group(s):
Organizers
Attendees
Alex Howlett
Not the right project for you?
Take a look at the below.
They are open for applications.
AMHE Economic History Summer School
YSI @ WAPLAC Workshop 3
YSI Pre-conference @ 49th Federation of ASEAN Economic Associations Conference
YSI Pre Conference: 67th Annual Scientific Meeting of the Italian Economic Association (SIE)
Winter School on Applied Economics for Sustainable Development (WiSED) 2027
Zimbabwe’s Reconfigured Political Economy: Implications in Research, Theory, and Public Policy
Development in Latin America: Current Challenges and Future Perspectives
Be the first to know:
Subscribe to the YSI newsletter to find out when new projects go live.
