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Events
Archive
of Past Events: Spring 2005
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Franco
Modigliani and the Keynesian Legacy
Schwartz Center Conference at the New School University
April 14-15, 2005
Franco
Modigliani's death in September 2003 deprived the economics
profession of one of its most accomplished practitioners-an
outstanding theorist who made significant contributions to
the design of policies for improving the economic wellbeing.
Modigliani, a refugee from Mussolini's fascist regime, received
his doctorate from the Graduate Faculty of The New School
for Social Research in 1944, with a dissertation that provided
an important cornerstone of the postwar neoclassical synthesis.
Modigliani's career bridges two worlds-orthodox economics
and the progressive tradition associated with the Graduate
Faculty. To pay tribute to his life and work the Graduate
Faculty is organizing an international conference on "Franco
Modigliani and the Keynesian Legacy" to be held April 14-15,
2005. |
Conference
Program
| THURSDAY
APRIL 14, 2005 |
| 2:00-5:00
pm |
Modigliani
and Keynesian Economics
Swayduck Auditorium, 65 Fifth Avenue
Chair: Edward J. Nell, New School University
|
| 5:00-6:00
pm |
Reception
Wolff Conference Room
65 Fifth Avenue, 2nd Floor
|
FRIDAY
APRIL 15, 2005
Wollman Hall
65 W 11th Street, Room 550 |
| 9:00-10:45
am |
Panel
I
Keynesian
Thought and the New School Tradition
Chair: Perry Mehrling, Barnard College
|
10:45-11:15
am
|
Coffee
Break
|
| 11:15-1:00
pm |
Panel
II
Modigliani
and Monetary Aspects of Keynesian Economics
Chair: Jeffrey Madrick, Challenge Magazine and the Bernard
Schwartz Center for Economic Policy Analysis
- Richard
Sutch, University of California, Riverside
The Great Depression in the US and the 'Liquidity Trap'
à la Modigliani
- Robert
Mundell, Columbia University
|
| 1:00-2:30
pm |
Lunch
Including
a discussion of "The Prospects for Keynesian Policy," moderated
by Bob Kerrey, President, New School University, and former
US Senator from Nebraska.
|
| 2:30-4:30
pm |
Panel
III
Consumption,
Distribution and Growth
Chair: Duncan Foley, New School University
- Lawrence
Klein, University of Pennsylvania
Aggregate Consumption in the Post-War Period: Evaluating
the Life Cycle Hypothesis
The
Wealth Effect: A Contemporary Update, L.R. Klein and
Suleyman Ozmucur
- Thomas
I. Palley, US-China Security Review Commission
Consumption, Income Distribution and Macroeconomic Theory
|
| 4:30-6:00
pm |
Closing
Reception
Wollman Hall |
Economic
Policy Workshops
Economic Policy
Workshops are held throughout the academic year and aim to promote
discussion of contemporary policy and applied research issues. The
Workshop runs in a seminar style, with the presentation followed
by questions and discussion. Workshops are open to the public and
background research papers are usually posted on the website in
advance of the Workshop.
TIME:
6:10 - 7:30 p.m.
PLACE: 80 Fifth Ave, Fifth floor conference room.
February
2: Teresa Ghilarducci, University of Notre Dame, "Forward to
the Past: The President's Design for Social Security"
February
9: Deepak Nayyar - cancelled
February
16: Paul Bowles, University of Northern British Columbia, "The
Privatization of Township and Village Enterprises in China: Why,
How, and its Impacts"
Download Papers:
Gender
Segmentation at Work in China's Privatized Rural Industry: Some
Evidence from Shandong and Jiangsu (PDF - 224KB)
Managerial
Autonomy, Firm Objectives and the Role of Local Governments in Post-Privatisation
Rural China: Some Survey Evidence (PDF - 105KB)
Share
Ownership and Employee Attitudes: Some Evidence from China's Post-Privatization
Rural Industry (PDF - 152KB)
February
23: Lee Price, Research Director, Economic Policy Institute,
"Offshoring: Problems of Conventional Trade Theory and Policy Put
in Sharp Relief"
How
is the Changing International Division of Labor for White-Collar
Work Affecting the U.S. Labor Market? (PDF - 91KB)
March 3 (THURSDAY)
6:00 pm: Malcolm Sawyer, University of Leeds, "Do Episodes of
Fiscal Consolidation Improve or Harm Economic Performance?"
On
Fiscal Policy and Budget Deficits (PDF - 226KB)
March 16:
J. Mohan Rao, University of Massachusetts, Amherst, "Reforms
Right and Left: The Indian Economy Since the Crisis of 1991"
Download
Paper (PDF - 291KB)
Download
Graphs (PDF - 89KB)
March 30:
Richard D. Wolff, University of Massachusetts, Amherst, "The Absurdity
of Economic Efficiency as a Goal for Policy"
The
Logical Critique of Efficiency (PDF - 25.4KB)
April 6:
William T. Dickens, The Brookings Institution, "Measuring Wage
Flexibility in 13 Countries: The International Wage Flexibility
Project."
Estimating
Wage Rigidity for the International Wage Flexibility Project
(231KB)
The
International Wage Flexibility Project (780KB)
May 4: Helen
Shapiro, University of California, Santa Cruz, "Rethinking State
Intervention in Developing Countries"
Economics
Department Seminar Series
The Economics
Department Seminar Series promotes and stimulates the research of
students and faculty through the presentation of academic research
papers on contemporary issues in economics. The Seminar Series includes
topics on microeconomics and game theory, economic growth, macroeconomics,
unemployment, financial markets, the environment and resources,
political economy of inequality, international economics and theoretical
and empirical work on monetary and fiscal policy issues. The Seminar
Series is offered throughout the year on selected Mondays and is
open to the public.
TIME:
6 - 7:30 p.m.
PLACE: 80 Fifth Ave, Fifth floor conference room.
February
14: Philip Mirowski, New York University, "The Commercialization
of Science and the Response of Science Studies"
February
28: Raquel Fernandez, New York University, "Culture: An Empirical
Investigation of Beliefs, Work, and Fertility."
March 7:
Stefan Mittnik, Washington University and University of Munich,
"Portfolio Selection, Risk Assessment and Heavy Tails"
March 14:
Michael Binder, Goethe University, Frankfurt, and World Bank, "A
Re-Examination of Determinants of Economic Growth"
April 4:
Sonja Amadea, New School University, "Examining the implications
of game theory for value: If there is no scarcity, why isn't there
enough to go around?"
April 11:
John Romer, Yale University, "Will Democracy Engender Equality?"
April 18:
Duncan Foley, New School University, "Classical Thermodynamics and
Economic General Equilibrium Theory"
May 16:
Heinz Kurz, University of Graz, "Sraffa
on von Bortkiewicz: Reconstructing the classical theory of value
and distribution"
Coordinator:
Prof. Willi Semmler, SemmlerW@newschool.edu
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