26 May 2015

“There is nothing new except what is forgotten” – presentation on the history of monetary issues

Thorvardur Tjorvi Olafsson

Last week Thorvardur Tjörvi Ólafsson, Senior Economist at the Central Bank of Iceland, gave a presentation on the history of monetary issues in Iceland at a SWIFT meeting in Reykjavik. The title of the presentation was “There is nothing new except what is forgotten” – Short history of monetary issues in Iceland. The focus of the presentation is on similar developments surrounding Iceland’s three systemic financial crises: the 2008 crisis and the two crises in the 1920s and 1930s. The presentation is based partly on a forthcoming working paper co-written with Bjarni G. Einarsson, Kristófer Gunnlaugsson and Thórarinn G. Pétursson.

The slides from the presentation can be found here.

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