{"id":3761,"date":"2017-12-11T08:53:14","date_gmt":"2017-12-11T08:53:14","guid":{"rendered":"http:\/\/www.storep.org\/wp\/?p=3761"},"modified":"2017-12-11T08:59:35","modified_gmt":"2017-12-11T08:59:35","slug":"the-ivth-thomas-guggenheim-conference-in-the-history-of-economic-thought-expectations-theory-and-applications-in-historical-perspectives","status":"publish","type":"post","link":"https:\/\/www.storep.org\/wp\/the-ivth-thomas-guggenheim-conference-in-the-history-of-economic-thought-expectations-theory-and-applications-in-historical-perspectives\/","title":{"rendered":"The IVth Thomas Guggenheim Conference in the History of Economic Thought: Expectations: Theory and Applications in Historical Perspectives"},"content":{"rendered":"<p>[:en]<strong>The Thomas Guggenheim Program in the History of Economic Thought and The Economics Department at Ben-Gurion University of the Negev<\/strong><\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-3764 alignright\" src=\"http:\/\/www.storep.org\/wp\/wp-content\/uploads\/2017\/12\/thomas-guggenheim.png\" alt=\"\" width=\"153\" height=\"286\" \/><\/strong><\/p>\n<p>are honored to host:<\/p>\n<p><strong>The IVth Thomas Guggenheim Conference in the History of Economic Thought: Expectations: Theory and Applications in Historical Perspectives<\/strong><\/p>\n<p>Rotem Hall, Zlotowski Student Administration Building, December 18-19, 2017<\/p>\n<p>http:\/\/econhistory.bgu.ac.il\/coming-conferences.html<\/p>\n<table class=\"table table-hover table-responsive\">\n<tbody>\n<tr>\n<td><b>10:30-12:30<\/b><\/td>\n<td>A tour at\u00a0<a href=\"http:\/\/www.abraham.org.il\/index.php?lang=en\" target=\"_blank\" rel=\"noopener\">Abraham&#8217;s Well<\/a>\u00a0+ light lunch.<\/td>\n<\/tr>\n<tr>\n<td><b>12:30-13:00<\/b><\/td>\n<td>Gathering.<\/td>\n<\/tr>\n<tr>\n<td><b>13:00-14:30<\/b><\/td>\n<td><strong>Session A: History of Expectation Models.<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair:\u00a0<a href=\"http:\/\/www.bgu.ac.il\/~arnona\/\" target=\"_blank\" rel=\"noopener\">Arie Arnon<b><\/b><\/a>, Ben-Gurion University.<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/buscatextual.cnpq.br\/buscatextual\/visualizacv.do?id=K4787144U8\"><b>Mauro Boianovsky (<\/b><\/a><small>Universidade de Brasilia)\u00a0<\/small><\/p>\n<p><small>Discussant: Warren Young<\/small><\/td>\n<td><em>Between Pigou and Keynes: Champernowne on employment and expectations<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/sites.google.com\/a\/uniroma1.it\/mcm\/\" target=\"_blank\" rel=\"noopener\"><b>Cristina Marcuzzo (<\/b><\/a><small>Sapienza University of Rome)<\/small><\/p>\n<p><small>Discussant: Robert Dimand<\/small><\/td>\n<td><em>The Cambridge approach to expectations: The legacy of Marshall, Keynes and Kahn<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.researchgate.net\/profile\/Amos_Witztum\" target=\"_blank\" rel=\"noopener\"><b>Amos Witztum (<\/b><\/a><small>London School of Economics)<\/small><\/p>\n<p><small>Discussant: Dror Goldberg<\/small><\/td>\n<td><em>Expectations in classical school: some lessons for today<\/em><\/td>\n<\/tr>\n<tr>\n<td><b>14:30-14:45<\/b><\/td>\n<td>Coffee break.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"table table-hover table-responsive\">\n<tbody>\n<tr>\n<td><b>14:45-16:15<\/b><\/td>\n<td><strong>Session B: Growth, Expectations and political economy<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair: Robert Dimand, Brock University<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/unice.fr\/laboratoires\/gredeg\/membres\/chercheurs-et-enseignants-chercheurs\/dal-pont-legrand-muriel\" target=\"_blank\" rel=\"noopener\"><b>Muriel Dal-Pont Legrand (<\/b><\/a><small>Universit\u00e9 Nice Sophia Antipolis)<\/small><\/p>\n<p><small>Discussant: Arie Arnon<\/small><\/td>\n<td><em>Expectations and stability in the early growth models: a short history of growth economics<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.biu.ac.il\/soc\/ec\/young\/young.htm\" target=\"_blank\" rel=\"noopener\"><b>Warren Young (<\/b><\/a><small>Bar-Ilan University)<\/small><\/p>\n<p><small>Discussant: Michael Bordo<\/small><\/td>\n<td><em>Expectations and Planning at the FED: 1939-1941<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.tau.ac.il\/~alexcuk\/\" target=\"_blank\" rel=\"noopener\"><b>Alex Cukierman (<\/b><\/a><small>Interdisciplinary Center)<\/small><\/p>\n<p><small>Discussant: Assaf Razin<\/small><\/td>\n<td><em>International evidence on professional interest rate forecasts: The impact of forecasting ability<\/em> (joint with Thomas Lustenberger)<\/td>\n<\/tr>\n<tr>\n<td><b>16:15-16:30<\/b><\/td>\n<td>Coffee break.<\/td>\n<\/tr>\n<tr>\n<td><b>16:30-18:15<\/b><\/td>\n<td><em>At Senate Hall &#8211; Guggenheim Award and Lecture: Expectations: Theory and Applications in Historical Perspectives<\/em><\/p>\n<p>Duncan Foley, New School for Social Research.<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair:\u00a0<a href=\"http:\/\/in.bgu.ac.il\/en\/humsos\/Econ\/Pages\/staff\/Jimmy%20Weinblatt.aspx\" target=\"_blank\" rel=\"noopener\">Jimmy Weinblatt<\/a>, Former Rector of Ben-Gurion University.<\/td>\n<\/tr>\n<tr>\n<td><b>19:00<\/b><\/td>\n<td>Dinner at\u00a0<a href=\"http:\/\/www.arabica-rest.co.il\/\" target=\"_blank\" rel=\"noopener\">Dinner at Arabica<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table class=\"table table-hover table-responsive\">\n<thead>\n<tr>\n<td colspan=\"3\"><b>Day II: Tuesday, December 19th<\/b><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><b>9:00-10:30<\/b><\/td>\n<td><strong>Session C: Methods and Models: Controversies in historical perspective<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair:\u00a0<a href=\"http:\/\/www.ru.nl\/english\/people\/sent-e\/\" target=\"_blank\" rel=\"noopener\"><b>Esther-Mirjam Sent<\/b><\/a>, Radboud University.<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.uni-hohenheim.de\/en\/organization\/person\/prof-dr-harald-hagemann\" target=\"_blank\" rel=\"noopener\"><b>Harald Hagemann (<\/b><\/a><small>University of Hohenheim)<\/small><\/p>\n<p><small>Discussant: James Forder<\/small><\/td>\n<td><em>Inflation Expectations and the Phillips Curve: Then and Now<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/brocku.ca\/social-sciences\/departments-and-centres\/economics\/faculty\/robert-w-dimand\" target=\"_blank\" rel=\"noopener\"><b>Robert Dimand (<\/b><\/a><small>Brock University)<\/small><\/p>\n<p><small>Discussant: Mauro Boianovsy<\/small><\/td>\n<td class=\"rd\" title=\"\" data-toggle=\"popover\" data-placement=\"top\" data-content=\"The paper will examine two aspects of how Tobin built upon Fisher and Keynes: the evolution of Tobin's q from Fisher's expected rate of return over costs, Keynes's Q (in A Treatise on Money, where the symbol Q was chosen to bring to mind Marshall's quasi-rents) and Keynes's marginal efficiency of capital (in The General Theory); and how adding Fisher's expected rate of change of prices (from Appreciation and Interest) as an argument in the Keynesian aggregate expenditure function enabled Tobin (in Keynesian Models of Recession and Depression, AER 1975, and Asset Accumulation and Economic Activity, 1980) to model a corridor of stability based on Fisher's 1933 debt-deflation theory of depressions and on Keynes (General Theory, chapter 19).\" data-original-title=\"The Fisherian and Keynesian Roots of Tobin's q and Corridor of Stability\"><em>Expectations in Tobin&#8217;s Macroeconomics: The Fisherian and Keynesian Roots of Tobin&#8217;s q and Corridor of Stability<\/em><\/td>\n<\/tr>\n<tr>\n<td><b>Sylvie Rivot (<\/b><small>University of Strasbourg)\u00a0<\/small><\/p>\n<p><small>Discussant: Muriel Dal Pont Legrand<\/small><\/td>\n<td><em>Expectations Mismatches and the Great Depression<\/em><\/td>\n<\/tr>\n<tr>\n<td><b>10:30-10:45<\/b><\/td>\n<td>Coffee break<\/td>\n<\/tr>\n<tr>\n<td><b>10:45-12:15<\/b><\/td>\n<td><strong>Session D: Expectations in Theory and Reality<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair:\u00a0<a href=\"http:\/\/econ.biu.ac.il\/en\/brezis\" target=\"_blank\" rel=\"noopener\"><b>Elise Brezis<\/b><\/a>, Bar-Ilan University<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.ru.nl\/english\/people\/sent-e\/\" target=\"_blank\" rel=\"noopener\"><b>Esther-Mirjam Sent (<\/b><\/a><small>Radboud University)<\/small><\/p>\n<p><small>Discussant: Sylvie Rivot<\/small><\/td>\n<td><em>Sargent and Expectations<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.economics.ox.ac.uk\/Academic\/james-forder\" target=\"_blank\" rel=\"noopener\"><b>James Forder (<\/b><\/a><small>University of Oxford)<\/small><\/p>\n<p><small>Discussant: Harald Hagemann<\/small><\/td>\n<td><em>Expectations&#8217; in the debate over rules and discretion, 1948-1998<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.tau.ac.il\/~razin\/\" target=\"_blank\" rel=\"noopener\"><b>Assaf Razin (<\/b><\/a><small>Cornell University, Tel Aviv<\/small><small>\u00a0University)<\/small><\/p>\n<p><small>Discussant: Alex Cukierman<\/small><\/td>\n<td><em>Expectations in Israel: triumphing hyperinflation and heading off depression<\/em><\/td>\n<\/tr>\n<tr>\n<td><b>12:15-13:30<\/b><\/td>\n<td>Lunch<\/td>\n<\/tr>\n<tr>\n<td><b>13:30-15:00<\/b><\/td>\n<td><strong>Session E: Expectations in Economic History<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair:\u00a0<a href=\"http:\/\/economics.rutgers.edu\/component\/content\/article?id=217:bordo-michael-d\" target=\"_blank\" rel=\"noopener\"><b>Michael Bordo<\/b><\/a><small>\u00a0Rutgers University<\/small><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.solvay.edu\/profile\/kimoosterlinck\" target=\"_blank\" rel=\"noopener\"><b>Kim Oosterlinck (<\/b><\/a><small>Universit\u00e9 Libre de Bruxelles)<\/small><\/p>\n<p><small>Discussant: Nathan Sussman<\/small><\/td>\n<td><em>The War That Bond Markets Didn\u2019t Perceive as Such (The Prices of South African Bonds During the Second Anglo-Boer War: An Extreme Case of Resilience) (with Marie van Gansbeke)<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.openu.ac.il\/en\/personalsites\/DrorGoldberg.aspx\" target=\"_blank\" rel=\"noopener\"><b>Dror Goldberg (<\/b><\/a><small>The Open University of Israel)<\/small><\/p>\n<p><small>Discussant: Amos Witztum<\/small><\/td>\n<td><em>This time is NOT different: Expectations and Monetary Innovation in 1691 Massachusetts<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.lse.ac.uk\/economicHistory\/whosWho\/academic_staff\/Profiles\/oaccominotti.aspx\" target=\"_blank\" rel=\"noopener\"><b>Olivier Accominotti (<\/b><\/a><small>London School of Economics)<\/small><\/p>\n<p><small>Discussant: Nadav Ben-Zeev\u00a0<\/small><\/td>\n<td><em>The Dawes Bonds, Selective Default and International Trade<\/em><\/td>\n<\/tr>\n<tr>\n<td><b>15:00-15:15<\/b><\/td>\n<td>Coffee break.<\/td>\n<\/tr>\n<tr>\n<td><b>15:15-17:00<\/b><\/td>\n<td><strong>Panel Session: Expectations and economic history: explanations or fantasy?<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair: Kim Oosterlinck<\/td>\n<\/tr>\n<tr>\n<td>Participants:<\/td>\n<td><a href=\"hhttp:\/\/economics.rutgers.edu\/component\/content\/article?id=217:bordo-michael-d\" target=\"_blank\" rel=\"noopener\"><b>Michael Bordo,\u00a0<\/b><\/a><small>Rutgers University<\/small><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><a href=\"http:\/\/www.tau.ac.il\/~alexcuk\/\" target=\"_blank\" rel=\"noopener\"><b>Alex Cukierman<\/b><\/a>,\u00a0<small>Interdisciplinary Center.<\/small><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><a href=\"http:\/\/en.economics.huji.ac.il\/people\/nathan-sussman\" target=\"_blank\" rel=\"noopener\"><b>Nathan Sussman,\u00a0<\/b><\/a><small>Hebrew University.<\/small><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\"><b>END OF CONFERENCE<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Organizing Committee:<\/strong><br \/>\nArie Arnon, arnona@exchange.bgu.ac.il<br \/>\nKarine van der Beek, kvdbeek@bgu.ac.il<br \/>\nWarren Young, youngwprof@yahoo.com<br \/>\nJimmy Weinblatt, weinb@bgu.ac.il<\/p>\n<p><strong>Administrative manager:<\/strong><br \/>\nMichal Bauch, minimousegi@gmail.com[:it]<strong>The Thomas Guggenheim Program in the History of Economic Thought and The Economics Department at Ben-Gurion University of the Negev<\/strong><\/p>\n<p><strong style=\"font-family: 'Open Sans', sans-serif; font-size: 15px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal;\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-3764 alignright\" src=\"http:\/\/www.storep.org\/wp\/wp-content\/uploads\/2017\/12\/thomas-guggenheim.png\" alt=\"\" width=\"153\" height=\"286\" \/><\/strong><\/p>\n<p>are honored to host:<\/p>\n<p><strong>The IVth Thomas Guggenheim Conference in the History of Economic Thought: Expectations: Theory and Applications in Historical Perspectives<\/strong><\/p>\n<p>Rotem Hall, Zlotowski Student Administration Building, December 18-19, 2017<\/p>\n<p>http:\/\/econhistory.bgu.ac.il\/coming-conferences.html<\/p>\n<table class=\"table table-hover table-responsive\">\n<tbody>\n<tr>\n<td><b>10:30-12:30<\/b><\/td>\n<td>A tour at\u00a0<a href=\"http:\/\/www.abraham.org.il\/index.php?lang=en\" target=\"_blank\" rel=\"noopener\">Abraham&#8217;s Well<\/a>\u00a0+ light lunch.<\/td>\n<\/tr>\n<tr>\n<td><b>12:30-13:00<\/b><\/td>\n<td>Gathering.<\/td>\n<\/tr>\n<tr>\n<td><b>13:00-14:30<\/b><\/td>\n<td><strong>Session A: History of Expectation Models.<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair:\u00a0<a href=\"http:\/\/www.bgu.ac.il\/~arnona\/\" target=\"_blank\" rel=\"noopener\">Arie Arnon<b><\/b><\/a>, Ben-Gurion University.<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/buscatextual.cnpq.br\/buscatextual\/visualizacv.do?id=K4787144U8\"><b>Mauro Boianovsky (<\/b><\/a><small>Universidade de Brasilia)\u00a0<\/small><\/p>\n<p><small>Discussant: Warren Young<\/small><\/td>\n<td><em>Between Pigou and Keynes: Champernowne on employment and expectations<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/sites.google.com\/a\/uniroma1.it\/mcm\/\" target=\"_blank\" rel=\"noopener\"><b>Cristina Marcuzzo (<\/b><\/a><small>Sapienza University of Rome)<\/small><\/p>\n<p><small>Discussant: Robert Dimand<\/small><\/td>\n<td><em>The Cambridge approach to expectations: The legacy of Marshall, Keynes and Kahn<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.researchgate.net\/profile\/Amos_Witztum\" target=\"_blank\" rel=\"noopener\"><b>Amos Witztum (<\/b><\/a><small>London School of Economics)<\/small><\/p>\n<p><small>Discussant: Dror Goldberg<\/small><\/td>\n<td><em>Expectations in classical school: some lessons for today<\/em><\/td>\n<\/tr>\n<tr>\n<td><b>14:30-14:45<\/b><\/td>\n<td>Coffee break.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"table table-hover table-responsive\">\n<tbody>\n<tr>\n<td><b>14:45-16:15<\/b><\/td>\n<td><strong>Session B: Growth, Expectations and political economy<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair: Robert Dimand, Brock University<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/unice.fr\/laboratoires\/gredeg\/membres\/chercheurs-et-enseignants-chercheurs\/dal-pont-legrand-muriel\" target=\"_blank\" rel=\"noopener\"><b>Muriel Dal-Pont Legrand (<\/b><\/a><small>Universit\u00e9 Nice Sophia Antipolis)<\/small><\/p>\n<p><small>Discussant: Arie Arnon<\/small><\/td>\n<td><em>Expectations and stability in the early growth models: a short history of growth economics<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.biu.ac.il\/soc\/ec\/young\/young.htm\" target=\"_blank\" rel=\"noopener\"><b>Warren Young (<\/b><\/a><small>Bar-Ilan University)<\/small><\/p>\n<p><small>Discussant: Michael Bordo<\/small><\/td>\n<td><em>Expectations and Planning at the FED: 1939-1941<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.tau.ac.il\/~alexcuk\/\" target=\"_blank\" rel=\"noopener\"><b>Alex Cukierman (<\/b><\/a><small>Interdisciplinary Center)<\/small><\/p>\n<p><small>Discussant: Assaf Razin<\/small><\/td>\n<td><em>International evidence on professional interest rate forecasts: The impact of forecasting ability<\/em> (joint with Thomas Lustenberger)<\/td>\n<\/tr>\n<tr>\n<td><b>16:15-16:30<\/b><\/td>\n<td>Coffee break.<\/td>\n<\/tr>\n<tr>\n<td><b>16:30-18:15<\/b><\/td>\n<td><em>At Senate Hall &#8211; Guggenheim Award and Lecture: Expectations: Theory and Applications in Historical Perspectives<\/em><\/p>\n<p>Duncan Foley, New School for Social Research.<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair:\u00a0<a href=\"http:\/\/in.bgu.ac.il\/en\/humsos\/Econ\/Pages\/staff\/Jimmy%20Weinblatt.aspx\" target=\"_blank\" rel=\"noopener\">Jimmy Weinblatt<\/a>, Former Rector of Ben-Gurion University.<\/td>\n<\/tr>\n<tr>\n<td><b>19:00<\/b><\/td>\n<td>Dinner at\u00a0<a href=\"http:\/\/www.arabica-rest.co.il\/\" target=\"_blank\" rel=\"noopener\">Dinner at Arabica<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table class=\"table table-hover table-responsive\">\n<thead>\n<tr>\n<td colspan=\"3\"><b>Day II: Tuesday, December 19th<\/b><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><b>9:00-10:30<\/b><\/td>\n<td><strong>Session C: Methods and Models: Controversies in historical perspective<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair:\u00a0<a href=\"http:\/\/www.ru.nl\/english\/people\/sent-e\/\" target=\"_blank\" rel=\"noopener\"><b>Esther-Mirjam Sent<\/b><\/a>, Radboud University.<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.uni-hohenheim.de\/en\/organization\/person\/prof-dr-harald-hagemann\" target=\"_blank\" rel=\"noopener\"><b>Harald Hagemann (<\/b><\/a><small>University of Hohenheim)<\/small><\/p>\n<p><small>Discussant: James Forder<\/small><\/td>\n<td><em>Inflation Expectations and the Phillips Curve: Then and Now<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/brocku.ca\/social-sciences\/departments-and-centres\/economics\/faculty\/robert-w-dimand\" target=\"_blank\" rel=\"noopener\"><b>Robert Dimand (<\/b><\/a><small>Brock University)<\/small><\/p>\n<p><small>Discussant: Mauro Boianovsy<\/small><\/td>\n<td class=\"rd\" title=\"\" data-toggle=\"popover\" data-placement=\"top\" data-content=\"The paper will examine two aspects of how Tobin built upon Fisher and Keynes: the evolution of Tobin's q from Fisher's expected rate of return over costs, Keynes's Q (in A Treatise on Money, where the symbol Q was chosen to bring to mind Marshall's quasi-rents) and Keynes's marginal efficiency of capital (in The General Theory); and how adding Fisher's expected rate of change of prices (from Appreciation and Interest) as an argument in the Keynesian aggregate expenditure function enabled Tobin (in Keynesian Models of Recession and Depression, AER 1975, and Asset Accumulation and Economic Activity, 1980) to model a corridor of stability based on Fisher's 1933 debt-deflation theory of depressions and on Keynes (General Theory, chapter 19).\" data-original-title=\"The Fisherian and Keynesian Roots of Tobin's q and Corridor of Stability\"><em>Expectations in Tobin&#8217;s Macroeconomics: The Fisherian and Keynesian Roots of Tobin&#8217;s q and Corridor of Stability<\/em><\/td>\n<\/tr>\n<tr>\n<td><b>Sylvie Rivot (<\/b><small>University of Strasbourg)\u00a0<\/small><\/p>\n<p><small>Discussant: Muriel Dal Pont Legrand<\/small><\/td>\n<td><em>Expectations Mismatches and the Great Depression<\/em><\/td>\n<\/tr>\n<tr>\n<td><b>10:30-10:45<\/b><\/td>\n<td>Coffee break<\/td>\n<\/tr>\n<tr>\n<td><b>10:45-12:15<\/b><\/td>\n<td><strong>Session D: Expectations in Theory and Reality<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair:\u00a0<a href=\"http:\/\/econ.biu.ac.il\/en\/brezis\" target=\"_blank\" rel=\"noopener\"><b>Elise Brezis<\/b><\/a>, Bar-Ilan University<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.ru.nl\/english\/people\/sent-e\/\" target=\"_blank\" rel=\"noopener\"><b>Esther-Mirjam Sent (<\/b><\/a><small>Radboud University)<\/small><\/p>\n<p><small>Discussant: Sylvie Rivot<\/small><\/td>\n<td><em>Sargent and Expectations<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.economics.ox.ac.uk\/Academic\/james-forder\" target=\"_blank\" rel=\"noopener\"><b>James Forder (<\/b><\/a><small>University of Oxford)<\/small><\/p>\n<p><small>Discussant: Harald Hagemann<\/small><\/td>\n<td><em>Expectations&#8217; in the debate over rules and discretion, 1948-1998<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.tau.ac.il\/~razin\/\" target=\"_blank\" rel=\"noopener\"><b>Assaf Razin (<\/b><\/a><small>Cornell University, Tel Aviv<\/small><small>\u00a0University)<\/small><\/p>\n<p><small>Discussant: Alex Cukierman<\/small><\/td>\n<td><em>Expectations in Israel: triumphing hyperinflation and heading off depression<\/em><\/td>\n<\/tr>\n<tr>\n<td><b>12:15-13:30<\/b><\/td>\n<td>Lunch<\/td>\n<\/tr>\n<tr>\n<td><b>13:30-15:00<\/b><\/td>\n<td><strong>Session E: Expectations in Economic History<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair:\u00a0<a href=\"http:\/\/economics.rutgers.edu\/component\/content\/article?id=217:bordo-michael-d\" target=\"_blank\" rel=\"noopener\"><b>Michael Bordo<\/b><\/a><small>\u00a0Rutgers University<\/small><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.solvay.edu\/profile\/kimoosterlinck\" target=\"_blank\" rel=\"noopener\"><b>Kim Oosterlinck (<\/b><\/a><small>Universit\u00e9 Libre de Bruxelles)<\/small><\/p>\n<p><small>Discussant: Nathan Sussman<\/small><\/td>\n<td><em>The War That Bond Markets Didn\u2019t Perceive as Such (The Prices of South African Bonds During the Second Anglo-Boer War: An Extreme Case of Resilience) (with Marie van Gansbeke)<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.openu.ac.il\/en\/personalsites\/DrorGoldberg.aspx\" target=\"_blank\" rel=\"noopener\"><b>Dror Goldberg (<\/b><\/a><small>The Open University of Israel)<\/small><\/p>\n<p><small>Discussant: Amos Witztum<\/small><\/td>\n<td><em>This time is NOT different: Expectations and Monetary Innovation in 1691 Massachusetts<\/em><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.lse.ac.uk\/economicHistory\/whosWho\/academic_staff\/Profiles\/oaccominotti.aspx\" target=\"_blank\" rel=\"noopener\"><b>Olivier Accominotti (<\/b><\/a><small>London School of Economics)<\/small><\/p>\n<p><small>Discussant: Nadav Ben-Zeev\u00a0<\/small><\/td>\n<td><em>The Dawes Bonds, Selective Default and International Trade<\/em><\/td>\n<\/tr>\n<tr>\n<td><b>15:00-15:15<\/b><\/td>\n<td>Coffee break.<\/td>\n<\/tr>\n<tr>\n<td><b>15:15-17:00<\/b><\/td>\n<td><strong>Panel Session: Expectations and economic history: explanations or fantasy?<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Chair: Kim Oosterlinck<\/td>\n<\/tr>\n<tr>\n<td>Participants:<\/td>\n<td><a href=\"hhttp:\/\/economics.rutgers.edu\/component\/content\/article?id=217:bordo-michael-d\" target=\"_blank\" rel=\"noopener\"><b>Michael Bordo,\u00a0<\/b><\/a><small>Rutgers University<\/small><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><a href=\"http:\/\/www.tau.ac.il\/~alexcuk\/\" target=\"_blank\" rel=\"noopener\"><b>Alex Cukierman<\/b><\/a>,\u00a0<small>Interdisciplinary Center.<\/small><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><a href=\"http:\/\/en.economics.huji.ac.il\/people\/nathan-sussman\" target=\"_blank\" rel=\"noopener\"><b>Nathan Sussman,\u00a0<\/b><\/a><small>Hebrew University.<\/small><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\"><b>END OF CONFERENCE<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Organizing Committee:<\/strong><br \/>\nArie Arnon, arnona@exchange.bgu.ac.il<br \/>\nKarine van der Beek, kvdbeek@bgu.ac.il<br \/>\nWarren Young, youngwprof@yahoo.com<br \/>\nJimmy Weinblatt, weinb@bgu.ac.il<\/p>\n<p><strong>Administrative manager:<\/strong><br \/>\nMichal Bauch, minimousegi@gmail.com[:]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[:en]The Thomas Guggenheim Program in the History of Economic Thought and The Economics Department at Ben-Gurion University of the Negev are honored to host: The IVth Thomas Guggenheim Conference in the History of Economic Thought: Expectations: Theory and Applications in Historical Perspectives Rotem Hall, Zlotowski Student Administration Building, December 18-19, 2017 http:\/\/econhistory.bgu.ac.il\/coming-conferences.html 10:30-12:30 A tour [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3764,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-3761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-het-conferences"],"_links":{"self":[{"href":"https:\/\/www.storep.org\/wp\/wp-json\/wp\/v2\/posts\/3761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.storep.org\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.storep.org\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.storep.org\/wp\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.storep.org\/wp\/wp-json\/wp\/v2\/comments?post=3761"}],"version-history":[{"count":8,"href":"https:\/\/www.storep.org\/wp\/wp-json\/wp\/v2\/posts\/3761\/revisions"}],"predecessor-version":[{"id":3770,"href":"https:\/\/www.storep.org\/wp\/wp-json\/wp\/v2\/posts\/3761\/revisions\/3770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.storep.org\/wp\/wp-json\/wp\/v2\/media\/3764"}],"wp:attachment":[{"href":"https:\/\/www.storep.org\/wp\/wp-json\/wp\/v2\/media?parent=3761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.storep.org\/wp\/wp-json\/wp\/v2\/categories?post=3761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.storep.org\/wp\/wp-json\/wp\/v2\/tags?post=3761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}