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Social Sciencies Activities

Economics and economic history

SESSION

Nobel Prize in Economics 2021. Natural experiments and the real economy

On October 11, 2021, the Swedish Central Bank Prize in Economic Sciences, in memory of Alfred Nobel, more commonly known as the Nobel Prize in Economics, awarded Professors David Card, Guido Imbens and Joshua Angrist. In addition to their individual contributions, the Academy has valued the work of the three laureates in the field of so-called “natural experiments”, that is, those that draw conclusions from the data produced by the real economy, trying to approximate their rigor to that of research based on controlled experiments. On this day, the contributions of the 2021 Nobel Economics Laureates were analyzed.


COLLOQUIUM

The return of inflation

In 2021, inflation increased at unprecedented rates for almost 30 years and representing a continuous increase in the cost of living. In addition, it is a widespread phenomenon, affecting almost all economies. In this online conversation, the causes and foreseeable consequences of this inflationary spiral were discussed, and questions were raised such as: Is this a transient situation or are we facing a long inflationary cycle? Who does inflation benefit and who does it harm? What measures can be taken to mitigate the undesirable consequences of this phenomenon?


COLLOQUIUM

Economic crises throughout the 20th century

COVID-19 has caused a significant economic crisis. The colloquium addressed the three main economic crises of the 20th century, that of the first post-world war, the early twenties; that of 1929 and the Great Depression of the 1930s, and that of the 70s, arising because of the sharp rise in oil prices and raw materials. The first crisis of the 21st century, the financial crisis in 2007-12, was also addressed.


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