Seminars on contemporary global labour market challenges
- Financial crisis - Pascal Roussel (European Investment Bank)
- Corruption - Lucio Picci (University of Bologna)
- Human sociality and development - Pierluigi Conzo (University of Turin)
The seminar will expose the various causes of the financial crisis and their consequences.
Starting first with a high level view on deregulation, financialization and the role of new financial instruments and trading techniques with a focus on High Frequency Trading Program and derivatives. The consequences of the end of Bretton Woods, the money creation (scriptural and central bank), the influence of commercial and central banks on economic cycles will then be reviewed in detail. Followed by the influence of debts and interest on world social inequalities (a problem rarely mentioned). The seminar ends with a presentation on new alternatives such as bitcoins, negative interest rates, interest free borrowings, etc.
The interested audience should not have a specific background in finance or mathematics.
Human sociality and development
The seminar will cover the following topics:
- From “homo economicus” to “homo reciprocans”: the role of social preferences;
- Money and Happiness: the Easterlin Paradox;
- Social dilemmas, experiments and games;
- Case studies:
- Microfinance, Argentina, Trust Game: Enhancing capabilities through Credit access: Creditworthiness as a signal of trustworthiness under asymmetric information;
- Tsunami, Sri Lanka, Dictator Game: Calamity, Aid and Indirect Reciprocity: the Long Run Impact of Tsunami on Altruism.