ECON 7620 - [Global Financial and Currency Crises]

Fall. Next offered 2016-2017. 4 credits.

Prerequisite: ECON 7610.

Staff.

This course reviews the analytics of financial fragilities underlying banking crises; credit frictions underlying debt crises; monetary-fiscal fragilities underlying currency crises and balance of payments crises; and key developments of New-Keynesian macroeconomic paradigms which incorporate financial fragilities, asset bubbles, and monetary-fiscal fragilities.