Central Banking
Faculty
TAKAHASHI, Wataru
SHIRATSUKA, Shigenori
Credit / Semester / Schedule
2 Credits / Winter Semester / Thursday Period: 5
Description
This course introduces the basic framework of central banking, such as the conduct of monetary policy as well as other operations, focusing mainly on the practices at the Bank of Japan. The course covers the topics below.
1. Introduction
2. Monetary policy decision process
3. Money market operations in theory and practice
4. Payment and settlement system
5. Financial system stability
6. International coordination among central banks
7. Legal structure of central banks
8. History of central banks
Course materials
No specific textbook will be used for this course. Reading materials will be assigned in the class, including publications from the Bank of Japan.
Grading
Exams. Others to be discussed.