Course 2013-2014 a.y.
30169 - ECONOMICS OF FINANCIAL REGULATION
CLEAM - CLEF - CLEACC - BESS-CLES - BIEMF
Course taught in English
Go to class group/s: 31
The depth and breadth of the 2007-2009 Crisis motivate an overall reconsideration of the relationships between monetary and banking policies on the one side and the financial markets on the other side. The aim of the course is to enable the students to interpret the main developments in the evolution of both monetary and financial rules, with specific attention to Europe and US. Monetary and financial rules are considered as the final outcome of the complex interaction between the demand for public intervention, which responds to the needs of the voters, and the supply of policies, which can also depend on the cost and benefit analysis of politicians, central bankers and professionals.
• Money and Banking Stability
• Monetary Policy and Financial Repression
• Monetary Stability and Prudential Policy
• Crisis and Post Crisis: Conventional and Unconventional Policies
• Public Policy and Illegal Financial Markets
There is a written general exam. No partial exams are scheduled.
The references will be presented and discussed time to time during the teaching hours. The teaching material (class slides and readings) will be posted on the e-learning of the course, as well as the mock exams.