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Perry Mehrling
Perry G. Mehrling (born August 14, 1959) is professor of economics at Pardee School of Global Studies at Boston University. He was professor of economics at Barnard College in New York City for 30 years. He specializes in the study of financial theory within the history of economics. Life Perry Gandhi Mehrling received an A.B (magna cum laude), a Ph.D. from Harvard University and an M.Sc. from the London School of Economics. Mehrling was valedictorian of the class of 1977 at Boston Latin School. He was a professor in the Economics Department at Barnard College/Columbia University for 30 years until 2017 and is the Director of Educational Programs at the Institute for New Economic Thinking, a global not-for-profit organization dedicated to changing the way economics is currently taught. He teaches the hugely popular "Economics of Money and Banking" MOOC on the Coursera website. Publications Mehrling is the author of ''The Money Interest and the Public Interest: American Mone ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States and one of the most prestigious and highly ranked universities in the world. The university is composed of ten academic faculties plus Harvard Radcliffe Institute. The Faculty of Arts and Sciences offers study in a wide range of undergraduate and graduate academic disciplines, and other faculties offer only graduate degrees, including professional degrees. Harvard has three main campuses: the Cambridge campus centered on Harvard Yard; an adjoining campus immediately across Charles River in the Allston neighborhood of Boston; and the medical campus in Boston's Longwood Medical Area. Harvard's endowment is valued at $50.9 billion, making it the wealthiest academic institution in the world. Endo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kelvin Lancaster
Kelvin John Lancaster (10 December 1924 – 23 July 1999) was an Australian mathematical economist and John Bates Clark professor of economics at Columbia University. He is best known for the development of the Theory of the Second Best with Richard Lipsey. Lancaster was also active in developing the calculus of qualitative economics, formulating the household production function, and applying the hedonic model to the estimation of housing prices. In a 1966 paper, Lancaster developed what he called a "new theory of consumer demand", in which the then standard microeconomic demand theory was modified by stipulating that what consumers are seeking to acquire is not goods themselves (e.g. cars or train journeys) but the characteristics they contain (e.g. transport from A to B, display of fashion sense). As Palda (2013) explains The second evolution in spatial economics was due to Kelvin Lancaster. His insight was that the basic qualities that consumers seek could be manipul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money Market
The money market is a component of the economy that provides short-term funds. The money market deals in short-term loans, generally for a period of a year or less. As short-term securities became a commodity, the money market became a component of the financial market for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less. Trading in money markets is done over the counter and is wholesale. There are several money market instruments in most Western countries, including treasury bills, commercial paper, banker's acceptances, deposits, certificates of deposit, bills of exchange, repurchase agreements, federal funds, and short-lived mortgage- and asset-backed securities. The instruments bear differing maturities, currencies, credit risks, and structures. A market can be described as a money market if it is composed of highly liquid, short-term assets. Money market funds typically invest in government securiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shadow Banking Within And Across Borders
A shadow is a dark area where light from a light source is blocked by an opaque object. It occupies all of the three-dimensional volume behind an object with light in front of it. The cross section of a shadow is a two- dimensional silhouette, or a reverse projection of the object blocking the light. Point and non-point light sources A point source of light casts only a simple shadow, called an "umbra". For a non-point or "extended" source of light, the shadow is divided into the umbra, penumbra, and antumbra. The wider the light source, the more blurred the shadow becomes. If two penumbras overlap, the shadows appear to attract and merge. This is known as the shadow blister effect. The outlines of the shadow zones can be found by tracing the rays of light emitted by the outermost regions of the extended light source. The umbra region does not receive any direct light from any part of the light source and is the darkest. A viewer located in the umbra region cannot dire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Perry Mehrling, Zoltan Pozsar, James Sweeney, Daniel Neilson
Perry, also known as pear cider, is an alcoholic beverage made from fermented pears, traditionally the perry pear. It has been common for centuries in England, particularly in Gloucestershire, Herefordshire, and Worcestershire. It is also made in parts of South Wales and France, especially Normandy and Anjou, and in Commonwealth countries such as Canada, Australia, and New Zealand. Production Fruit Perry pears are thought to be descended from wild hybrids, known as ''wildings'', between the cultivated pear '' Pyrus communis'' subsp. ''communis'' and the now-rare wild pear ''Pyrus communis'' subsp. ''pyraster''. The cultivated pear ''P. communis'' was brought to northern Europe by the Romans. In the fourth century CE Saint Jerome referred to perry as ''piracium''. Wild pear hybrids were, over time, selected locally for desirable qualities and by the 1800s, many regional varieties had been identified. The majority of perry pear varieties in the UK originate from th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zoltan Pozsar
Zoltan Pozsar is a Hungarian-American economist known for his analysis of shadow banking. Early life and education Zoltan Pozsar was born in Hungary. He graduated from the University of Pécs and received an MBA from KDI School of Public Policy and Management. Career In 2003, on a recommendation from KDI professor David J. Behling, Pozsar was hired by Mark Zandi of Moody's economy.com as an associate economist, initially charged with covering the recreational goods industry. In January 2006, Pozsar — along with two Moody's colleagues — predicted forecasts for trade gap, industrial production, durable goods orders and personal incomes that were the most accurate of any among major Wall Street analysts that month, earning the trio the MarketWatch Forecaster of the Month award. He subsequently went to work at the Federal Reserve Bank of New York where he led market intelligence for securitized credit markets. From 2011 to 2012, Pozsar was a visiting scholar at the Intern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Review Of International Political Economy
The ''Review of International Political Economy'' is a bimonthly peer-reviewed Peer review is the evaluation of work by one or more people with similar competencies as the producers of the work (peers). It functions as a form of self-regulation by qualified members of a profession within the relevant field. Peer review ... academic journal covering international political economy. The journal was established in 1994 and is published by Routledge. The editor-in-chief is Lena Rethel ( University of Warwick). According to the '' Journal Citation Reports'', the journal has a 2021 impact factor of 4.146. References External links * Bimonthly journals English-language journals Political science journals Publications established in 1994 Routledge academic journals {{int-journal-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steffen Murau
Steffen is a surname and given name, and may refer to: * Albert Steffen (1884–1963), Swiss poet, painter, and novelist *Alex Steffen (b. 1968), American writer and environmental futurist * Anthony Steffen (1929–2004), Brazilian actor; acted in many spaghetti westerns * Britta Steffen (b. 1983), German Olympic swimmer *Clare E. Steffen (b. 1954), American psychologist *David Steffen, American businessman and politician *Hans Steffen (1865–1937), German geographer and explorer of Patagonia *Jason Steffen (b. 1975), American physicist *Jim Steffen (1936–2015), American football player *Kai Steffen (born 1961), German football player *Konrad Steffen (1952-2020), Swiss glaciologist and Arctic climate researcher * Otto Steffen (b. 1874, d. unknown), American Olympic gymnast * Renato Steffen (born 1991), Swiss football player * Sonja Steffen (b. 1963), German politician *Thomas L. Steffen (1930–2020), American judge * Waldemar Steffen (b. 1872, d. unknown), German Olympic track a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquidity
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Liquidity is a concept in economics involving the convertibility of assets and obligations. It can include: * Market liquidity, the ease with which an asset can be sold * Accounting liquidity, the ability to meet cash obligations when due * Liquid capital, the amount of money that a firm holds * Liquidity risk, the risk that an asset will have impaired market liquidity See also * Liquid (other) *Liquidation (other) Liquidation is the conversion of a business's assets to money in order to pay off debt. Liquidation may also refer to: * Murder * Fragmentation (music), a compositional technique * ''Liquidation'' (miniseries), a Russian television series See ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance And Society
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitabili ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monetary Economics
Monetary economics is the branch of economics that studies the different competing theories of money: it provides a framework for analyzing money and considers its functions (such as medium of exchange, store of value and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. The discipline has historically prefigured, and remains integrally linked to, macroeconomics. This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects. Modern analysis has attempted to provide microfoundations for the demand for money and to distinguish valid nominal and real monetary relationships for micro or macro uses, including their influence on the aggregate demand for output. Its methods include deriving and testing the implications of money as a substitute for other assets and as based on explicit frictions. History The foundational ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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