Symposion on Money Value and Capital Transfers

Is a mathematical model for the value of money and capital transfers possible? - The historical view, statistical and econometrical aspects and the policy environment.

This three day event is not meant to be a workshop on mathematical modeling in economics in the strict sense. Rather we want to discuss what it is that should or could be modeled in the interaction between capital markets, souverain debt, central banks, and the economy as a whole. Current political issues, however, will not be our primary focus.

The plan is to devote one day to historical aspects of capital, money, and transactions; one day to modern statistics of capital flows and financial transactions; and one day to the influence of the political and instutional framework.

The questions behind our symposium include: do there exist 'universal' aspects and systematic relations in the aforementioned economic interactions, what are observable quantities, and what is the states' influence.

We hope for a lively discussion, so beside the lectures we will organize two round table discussions ("Money, Assets, and Contractual Obligations in the Light of Fast Transactions. What do the Data Measure?" and "Perceptions, Rules, Forecasting. What is the Influence of the Institutional Framework and 'Political' Decision Making (by the big players)").

The symposium is a joint symposium of the Institute of Mathematics at the University of Leipzig, the Max Planck Institute for Mathematics in the Sciences, the Academy of Science and Literature Mainz, and the National Academy of Sciences Leopoldina.