大学院
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最終更新日：2025年4月21日
授業計画や教室は変更となる可能性があるため、必ずUTASで最新の情報を確認して下さい。
UTASにアクセスできない方は、担当教員または部局教務へお問い合わせ下さい。
最終更新日：2025年4月21日
授業計画や教室は変更となる可能性があるため、必ずUTASで最新の情報を確認して下さい。
UTASにアクセスできない方は、担当教員または部局教務へお問い合わせ下さい。
Presentations and Discussions on Public Policy Issues
This is a hybrid course with two main learning objectives. First, students will gain a better understanding of financial intermediation by exploring why banks exist (i.e., what unique value do banks create); their interaction with the government (e.g., central banking); and the need for, and design of, banking regulation. Second, students will develop their presentation skills for an academic audience. This component of the course has three sub-objectives. First, students will develop an ability to search for academic literature. Second, students will develop an ability to use the LaTeX typesetting software to produce professional-looking presentations. And third, students will refine their presentation skills by conducting class presentations and providing feedback to their colleagues on their presentations.
時間割／共通科目コード
コース名
教員
学期
時限
5130210
GPP-MP6Z30L3
Presentations and Discussions on Public Policy Issues
MITCHELL Chris
木曜4限
マイリストに追加
マイリストから削除
講義使用言語
英語
単位
2
実務経験のある教員による授業科目
NO
他学部履修
可
開講所属
公共政策学教育部
授業計画
This schedule is subject to change (depending on the number of students and our progress on certain topics)
Class 1: Introduction to the class and an overview of banking research.
Class 2: The role of banks: Bank Runs, Deposit Insurance, and Liquidity.
Class 3: The role of banks: Insiders and Outsiders, The Choice Between Informed and Arm’s-Length Debt.
Class 4: The vulnerability of banks: Financial Contagion.
Class 5: Introduction to Latex.
Class 6: Bank regulation and supervision: Coordination Failures and the Lender of Last Resort, Was Bagehot Right After All?
Class 7: Bank regulation and supervision: The Role of Demandable Debt in Structuring Optimal Banking Arrangements.
Class 8: Bank regulation and supervision: Risk in Banking and Capital Regulation.
Class 9: Student Presentations.
Class 10: Student Presentations.
Class 11: Student Presentations.
Class 12: Student Presentations.
Class 13: Class wrap-up, feedback on presentations, and final test.
授業の方法
The class will be conducted face-to-face, and all lectures will be held in IAR 1219D during the fourth period (14:55–16:40) on Thursdays.
成績評価方法
The final grade for this course is composed of: Class Participation 30%, Assignments 10%, Test 10%, and Presentations 50%.
教科書
The banking lectures are based on academic papers (see the “Reference” section below). However, if you would like an additional resource, then the book “Microeconomics of Banking,” Third Edition, by Xavier Frixas and Jean-Charles Rochet (ISBN-10: 0262048191) is recommended.
In addition, if you would like (free) books on LaTeX, then the following website lists a number of good ones: https://www.linuxlinks.com/*****
参考書
We will cover the following papers during class:
Diamond, D. and P. Dybvig (1983), “Banks Runs, Deposit Insurance, and Liquidity," Journal of Political Economy, 91, pp. 401-419.
Rajan, R. (1992), “Insiders and Outsiders: The Choice Between Informed and Arm's-Length Debt," Journal of Finance, 47, pp. 1367-1400.
Allen, F. and D. Gale (2000), “Financial Contagion," Journal of Political Economy, 108(1), pp. 1-33.
Rochet, J.C. and X. Vives (2004), “Coordination Failures and the Lender of Last Resort: Was Bagehot Right After All?," Journal of the European Economic Association, 2(6), pp. 1116-1147.
Calomiris, C. and C. Kahn (1991), “The Role of Demandable Debt in Structuring Optimal Banking Arrangements," American Economic Review, 81(3), pp. 497-513.
Kim, D. and A. Santomero (1988), “Risk in Banking and Capital Regulation," Journal of Finance, 43(5), pp. 1219-1233.
履修上の注意
Students are expected to attend all lectures (except when they have valid medical reasons) and to actively participate during class (e.g., take notes and ask/answer questions). Students are also encouraged to read the lecture material before each class and to attempt all assignments by themselves.
