Universität Wien FIND

Due to the COVID-19 pandemic, changes to courses and exams may be necessary at short notice (e.g. cancellation of on-site teaching and conversion to online exams). Register for courses/exams via u:space, find out about the current status on u:find and on the moodle learning platform.

Further information about on-site teaching can be found at https://studieren.univie.ac.at/en/info.

Warning! The directory is not yet complete and will be amended until the beginning of the term.

040074 SE Seminar (MA) (2018W)

Financial Crises and Macroprudential Regulation

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Registration/Deregistration

Details

max. 24 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

Mo, 28th Jan. 2019, 08:00 - 13:00, OMP1, Skylounge: Final Presentations

Monday 01.10. 15:00 - 16:30 Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday 08.10. 15:00 - 16:30 Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Thursday 18.10. 15:00 - 16:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
Thursday 25.10. 15:00 - 16:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
Thursday 08.11. 15:00 - 16:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
Thursday 15.11. 15:00 - 16:30 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
Monday 19.11. 15:00 - 16:30 Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday 26.11. 15:00 - 16:30 Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday 03.12. 15:00 - 16:30 Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday 10.12. 15:00 - 16:30 Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday 07.01. 15:00 - 16:30 Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday 14.01. 15:00 - 16:30 Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday 21.01. 15:00 - 16:30 Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

Assessment and permitted materials

Seminar thesis (40%)
Presentation (30%)
Active discussion of work of peers (30%)

Attendance mandatory. Course organization will be introduced and the presentation schedule will be arranged in the first meeting at October 1st. Failure to show up in the first meeting may result in the non-availability of presentation slots.

Minimum requirements and assessment criteria

This is an advanced master-level seminar. It also serves as a potential basis for the preparation of a master thesis or other advanced work. Therefore, having passed successfully the course "Basics of Finance" is a pre-requirement. The knowledge of the course in “Financial Intermediation” is strongly recommended.

Grading is based on three elements:

1.The worked out seminar paper (40 points).
Each candidate has to submit a single-authored paper not exceeding 12 pages.
The seminar draft has to be submitted one week prior to the presentation in electronic form. This version is distributed to seminar participants in order to allow them preparation. After the presentation the paper can still be improved.
Final submission for all papers is January 31, 2019. Thereafter no corrections are possibly anymore.

2. Presentation of the seminar paper (30 points)
Presentations can be shared, but each candidate will be assessed on his/her own part.

3. Course participation (30 points)
Active preparation and participation are required as well as active reception and discussion of the work and presentations of peers. A seminar requires two-way communication, i.e. both a sender and a receiver. Accordingly, both roles will be relevant for grading.

Examination topics

Seminar discussion

1. Lessons from the Great Financial Crisis
a. securitization
b. counter party risk and liquidity
c. interbank contagion
d. fire sales, pro-cyclical adjustments

2. Systemic Risk
a. systematic risk versus systemic risk
b. feedback effects
c. correlation and amplification
d. measuring systemic risk

3. Macroprudential Regulation
a. emergence of the concept, important tools and objective
b. actual policy role in Europe and Austria today
c. empirical evidence so far

4. Monetary Policy and Macroprudential Supervision
a. relation between monetary policy and macroprudential supervision
b. real effects of monetary policy?
c. empirical evidence

Reading list


Association in the course directory

Last modified: Mo 07.09.2020 15:28