PLEASE NOTE THAT PLACES HAVE RUN OUT FOR THIS CONFERENCE
The need for new ideas in macroeconomics is clear. The monetary, fiscal and financial policy rules, designed on the theories and predictions of the universal paradigm of modern macroeconomics, ended in spectacular failure. Champions of modern macroeconomics, for example Robert Lucas, asserted that its main objective of preventing depression conditions had been solved. Not only has this proved to be false, especially in some European countries, but the core model has failed to provide useful insights for policy makers having to understand the causes and hence respond to the largest economic crisis for two generations.
Scott Sumner is the Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center and a prominent blogger (TheMoneyIllusion.com, Econlog). His research is in the field of monetary economics, particularly the role of the gold standard in the Great Depression, which he explored in a book entitled “The Midas Paradox” published in 2015.
In the commerce second lecture, trends in the labour market will be considered, examining patterns of unemployment, employment, hours worked and real wages. Do high participation rates in the labour market reflect and/or represent economic progress or an economy mired in low-skill low-wages jobs?
You are invited to attend an Economists Briefing on Wednesday 2nd November at which we will present and discuss analysis associated with NIESR's quarterly UK and global economic forecasts, published that morning, on the status of the UK economy 4 months after the EU Referendum.
You are invited to attend a two-part press conference on Tuesday 1st November at which we will present NIESR's quarterly UK and global economic forecasts, preceded by presentations of a selection of research articles on the implications of the EU Referendum outcome, both published in the November issue of the NIESR Review.
Please note that this event is for journalists ONLY
As part of our Seminar Series, The National Institute of Economic and Social Research is delighted to have Catia Nicodemo, Research Fellow, Centre for Health Service Economics & Organisation, University of Oxford, presenting a paper on Immigration and the Reallocation of Work Health Risks, on Monday 31st October.
The seminar will run from 1pm to 2pm preceded by a sandwich lunch served by 12.30pm