Past Event

Complexity Group Seminar - Jacky Mallett, Reykjavik University: "Whose crashing who? The interplay between Fractional Reserve Banking and Market Pricing Systems in our Economies."

Threadneedle is the first economic simulation framework to incorporate an accurate model of  the banking system´s double entry book keeping and regulatory frameworks. Threadneedle allows us to create simple economic experiments which allow us to explore how the complex network of money and credit flows created through the banking system interact with market pricing systems. In this talk we will explore the behaviour of the banking system in market based economic systems, and discuss the thorny question of where the real causes of the periodic economic instabilities we experience as credit crises actually lie.

 

Details:

18 January 2017 14:30 -

Further Information


Location

INET Oxford

Eagle House, Walton Well Road, Oxford, OX2 6ED


Complexity Economics