THE GLOBAL CRISIS
CONTRIBUTIONS TO THE CRITIQUE OF
ECONOMIC THEORY AND POLICY


26-27 January 2010


University of Siena - Faculty of Economics
Piazza San Francesco 7 – Siena (Italy)
Aula “Romani”



PROGRAMME


DOWNLOAD THE PROGRAMME OF THE CONFERENCE (pdf)


TUESDAY
26 JANUARY



University of Siena – Faculty of Economics – Aula “Romani”
Piazza S. Francesco 7 – Siena


8.45 – 9.15



Coffee available



9.15 – 9.45



Welcome
Angelo Riccaboni (Dean of the Faculty of Economics, University of Siena)
Gabriello Mancini (President of Fondazione Monte dei Paschi di Siena)



9.45 – 10.15



Introduction
Emiliano Brancaccio (University of Sannio)



10.15 – 11.45



FIRST SESSION
Chair Roberto Artoni (University Bocconi of Milan)


10.15 – 11.00



Economy and Economics: the Twin Crises
Alessandro Vercelli (University of Siena)
Discussant Gugliemo Forges Davanzati



11.00 – 11.45



Changes in Income Distribution, Financial Disorder and Crisis
Aldo Barba and Massimo Pivetti (University of Roma “La Sapienza”)
Discussant Marco Passarella



11.45 – 12.00



Coffee break



12.00 – 13.30



SECOND SESSION
Chair Duccio Cavalieri (University of Florence)


12.00 – 12.45



The Great Recession and the Third Crisis of Economic Theory
Riccardo Bellofiore and Joseph Halevi (Universities of Bergamo and Sydney)
Discussant Antonella Stirati



12.45 – 13.30



A Critique of Interpretations of the Crisis based on the “Taylor Rule”
Emiliano Brancaccio and Giuseppe Fontana (Universities of Sannio and Leeds)
Discussant Marco Musella



13.30 – 14.45



Lunch



14.45 – 17.00



THIRD SESSION
Chair Neri Salvadori (University of Pisa)


14.45 – 15.30



Income Distribution and Borrowing. Tracking the U.S. Economy with
a “New Cambridge” Model

Gennaro Zezza (University of Cassino and Levy Institute)
Discussant Aldo Barba



15.30 – 16.15



As if Nothing Were Going to Happen: a Search for Warnings
About the Crisis in Journals with the Highest Impact Factors

Andrea Imperia and Vincenzo Maffeo (University of Roma “La Sapienza”)
Discussant Ferruccio Marzano



16.15 – 17.00



Property Rights in the Knowledge Economy: an Explanation of the Crisis
Ugo Pagano and Maria Alessandra Rossi (University of Siena)
Discussant Stefano Lucarelli



17.00 – 17.15



Coffee break



17.15 – 19.30



FOURTH SESSION
Chair Antonella Picchio (University of Modena)


17.15 – 18.00



Changes in the “Functional” Distribution of Income in Italy and Europe
Antonella Stirati (University Roma Tre)
Discussant Vincenzo Maffeo



18.00 – 18.45



Labour Market Deregulation and the Global Crisis:
a Monetary Theory of Production Approach

Guglielmo Forges Davanzati and Riccardo Realfonzo (Universities of Salento and Sannio)
Discussant Giorgio Gattei



18.45 – 19.30



The Tendential Fall of the Profit Rate. Back to the Future?
Stefano Perri (University of Macerata)
Discussant Roberto Ciccone



20.45 - 22.30


Conference dinner

Ristorante Guido - Vicolo Pier Pettinaio 7 - Siena



WEDNESDAY
27 JANUARY



University of Siena – Faculty of Economics – Aula “Romani”
Piazza S. Francesco 7 – Siena



9.00 – 11.15



FIFTH SESSION
Chair Fabio Petri (University of Siena)


9.00 – 9.45



Globalization and Great Crisis
Ernesto Screpanti ((University of Siena)
Discussant Anna Soci



9.45 – 10.30



Key Currencies, the Global Crisis and the Way Out. A Circuit Approach
Lilia Costabile (University of Naples ”Federico II’)
Discussants Andrea F. Presbitero, Salvatore D’Acunto



10.30 – 11.15



The Global Crisis in Low-Middle Income Countries.
How Did the IMF Responded?

Andrea F. Presbitero and Alberto Zazzaro (Università Politecnica delle Marche)
Discussant Luigi Bosco



11.15 – 11.30



Coffee break



11.30 – 13.00



SIXTH SESSION
Chair Ferruccio Marzano (University of Rome ‘La Sapienza’)


11.30 – 12.15



Privatisation, Reproduction and Crisis: the Case of Utilities
Bruno Bosco (University of di Milano-Bicocca)
Discussant Guido Tortorella Esposito



12.15 – 13.00



Distribution and Accumulation in a Classical-Keynesian
“Natural” System. A Normative Analysis

Enrico Bellino (Cattolica University of Milan)
Discussant Emiliano Brancaccio



13.00 – 14.00



DISCUSSION AND SUMMING UP


Official language of the conference: ITALIAN
The proceedings will be published in ENGLISH

Conference organized by
DASES University of Sannio

With the support of
Department of Political Economy
Department of Economic Policy, Finance and Development
University of Siena

And the contribution of
FONDAZIONE MONTE DEI PASCHI DI SIENA






Organization
Emiliano Brancaccio
Research fellow and professor of Political Economy
DASES - UniversitÓ del Sannio
Via delle Puglie 82 - 82100 Benevento

www.emilianobrancaccio.it
emiliano.brancaccio@unisannio.it
emilbra@tin.it

Secretariat
Domenico Suppa
Mobile 320/4252884
domenicosuppa@theglobalcrisis.info



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