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Home | Courses | Financial Crises (cancelled for 2021/22)
Course

Financial Crises (cancelled for 2021/22)


  • Teacher(s)
    Sweder van Wijnbergen
  • Research field
    Finance, Macroeconomics, Finance
  • Dates
    Period 2 - Oct 25, 2021 to Dec 17, 2021
  • Course type
    Field
  • Program year
    Second
  • Credits
    3

Course description

We use an analysis of the recent subprime crisis and its global follow-up as an introduction towards a more general anatomy of Financial Crises and discuss desired and actual ex ante and ex post policy responses.
Overview of the subprime crisis; how a relatively small problem in the US mortgage market triggered a worldwide financial meltdown. Key words: Financial innovation and the fragility of the international banking system; theory of banking crises, optimal bank intervention; regulatory reform; macroeconomics and financial fragility, macroeconomic impact of tighter financial regulation; financial crises and growth. Macropolicy during the great recession (fiscal deficits, Quantitative Easing and other Unconventional Monetary Policies).

Prerequisites

Corporate Finance and Macroeconomics IV.

Course literature

Primary reading
- Selected papers.