Course teached as: B005760 - ECONOMIA DEI MERCATI FINANZIARI Second Cycle Degree in POLITICAL SCIENCES AND DECISION-MAKING PROCESSES Curriculum ISTITUZIONI E MERCATI
Course Content
I module
Definitions of money and functions of money; OLG, inflation and seigniorage; Inflation persistence and the Barro Gordon model; Monetary policy transmission mechanisms.
II module
The new microtheory of financial intermediaries; the prudential regulation of financial intermediaries.
III module
Questions raised by recent financial crise.