Case Study (Financial Crisis)
Instructors
UEDA Kenichi
Term / Language / Credits
A1A2 / English / 2
Objectives
Become capable of reading theoretical and empirical analyses on financial crises at the level often discussed among international policy experts.
• To build the capacity to understand policy issues on crises.
• To be familiar with major theoretical arguments and empirical methods.
• To improve policy discussion skills:
o Presenting (advertising/defending)
o Serving as discussant (praising/criticizing)
o Open-floor discussions (involving others)
Keywords
financial crisis, credit booms and busts, bank regulations, macro-prudential regulations
Schedule
- Students will present chapters from Financial Crisis: Causes, Consequences, and Policy Responses and possibly a few other papers.
- One student will be assigned to formally present each chapter (or a paper) and another will be assigned to formally discuss it. Afterwards, there will be floor discussions for the chapter/paper, which all students are expected to lively participate in.
- A few lectures will be also given over the course.
Teaching Methods
Lecture; Student's formal presentation and formal discussion; open floor discussions.
Grading
Presentation, class participation, and report.
Required Textbook
Claessens, Stijn, M. Ayhan Kose, Luc Laeven, and Fabian Valencia ed., 2014, Financial Crisis: Causes, Consequences, and Policy Response, International Monetary Fund (Washington, D.C.)
Notes on Taking the Course
Good understanding of micro and macroeconomics as well as statistical methods/econometrics are necessary. Prerequisites are Microeconomics, Macroeconomics, and Statistical Methods (or their equivalents). Recommend to take International Financial Policy.