040196 UK Money and Banking (MA) (2020S)
Track in Macroeconomic Policy
- Registration is open from Mo 10.02.2020 09:00 to We 19.02.2020 12:00
- Registration is open from Tu 25.02.2020 09:00 to We 26.02.2020 12:00
- Deregistration possible until Th 30.04.2020 23:59
Classes (iCal) - next class is marked with N
Due to the measures taken by the University of Vienna to prevent rapid spreading of Corona virus, the format of this course has to be changed until further notice. There cannot be any lectures in class. Instead, I will provide written explanations of the material and post them in the section "Course material" on the Moodle page. In combination with the beamer presentation that is already on the website, this should allow students to learn the material by themselves. There will also be a discussion forum on the website that allows students to post questions and receive answers. There will be no changes regarding the homework exercises and their assessment.
Aims, contents and method of the course
Assessment and permitted materials
Minimum requirements and assessment criteria
Carlin and Soskice (2006): Macroeconomics: Imperfections, Institutions & Policies, Oxford University Press (2006).
Carlin and Soskice (2015): Macroeconomics: Institutions, Instability, and the Financial System, Oxford University Press (2015).
Diamond and Dybvig (1983): "Bank runs, deposit insurance, and liquidity", Journal of Political Economy 91 (1983), 401–419.
Kiyotaki and Wright (1993): “A search-theoretic approach to monetary economics”, American Economic Review 83 (1993), 63-77.
Mishkin (2016): The Economics of Money, Banking, and Financial Markets, 11th ed. (2016)
McLeay, Radia, and Thomas (2014a): “Money in the modern economy: an introduction”, Bank of England Quarterly Bulletin 2014 Q1.
McLeay, Radia, and Thomas (2014b): “Money creation in the modern economy”, Bank of England Quarterly Bulletin 2014 Q1.