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.

MIMA Search

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: Introduction to Latex. Class 7: Introduction to Latex. Class 8: Bank Regulation and Supervision: Coordination Failures and the Lender of Last Resort, Was Bagehot Right After All? Class 9: Bank Regulation and Supervision: The Credit Crunch. 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 4th period (14:55–16:40) on Tuesdays.

成績評価方法

The final grade for this course is composed of: Class Participation 10%, Assignments 20%, A Test 30%, and Presentations 40%.

履修上の注意

Students are expected to attend all lectures (except when they have a valid medical reason) 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.