When liquidity kills you quick: Introducing the Money View

Wednesday, 6 March 2019

2.30-3.30pm, University of Warwick, S1.66 (Social Sciences)

Agenda

In recent years, more technical analyses of financial markets such as the 'Money View' are receiving much attention in political economy research on finance. These analyses offer a novel perspective for studying finance and its transformations 'on its own terms'; and penetrate and de-mystify the technicalities that render finance opaque. Hence, the Money View is a powerful and important new tool for Early Career Scholars to understand (and potentially use).

However, from a political economy perspective some important questions remain. How can we better integrate this new approach with other lines of work? How can we use it to address the contingency of finance? Should we historicise the Money View rather than treating it as a purely technical analytical lens? What are the limits of its balance sheet centric approach, and how might they be supplemented with other approaches? How can we use the Money View to narrate processes of financialisation or the politics of global finance, to speak to financialisation and IPE scholars?

Our Guest

To address these and more questions, WCF got into conversation with Daniela Gabor, Professor of Economics and Macro-Finance at UWE Bristol. Daniela is working on the intersections of economics, finance and political economy, researching a variety of areas such as shadow banking activities, especially repo markets, and their implications for monetary theory, central banking, sovereign bond markets and regulatory activities. As a pioneering scholar of the money view in political economy, we had a great conversation exploring this new approach and discussing some of her insights on the topic. Check out the recording!

Listen to the recording of the WCF Conversation

PAIS Departmental Seminar afterwards

After this event, Daniela will deliver a departmental seminar lecture titled "The Wall Street Consensus: how shadow banking is taking over international development", which will take place from 4.00-5.30pm in S2.77 (Social Sciences).