Macroeconomics of Financial Crises (MScE, 2nd year), Autumn Term 2019-20


The lecture notes are available on Moodle.


17 Sep. Consumption-Based Asset Pricing - The Basics

24 Sep. Empirical Evidence on Financial Crises

1 Oct. Financial Frictions - Costly State Verification

8 Oct. Financial Frictions - Borrowing Constraints

15 Oct. Financial Markets and the Financial Crisis of 2007-2009

22 Oct. Frictions in Financial Intermediation and Bank Runs

29 Oct. Policy Responses - Liquidity Provision

5 Nov. Policy Responses - Did LSAPs/QE Work?

12 Nov. Policy Responses - How did LSAPs/QE Work?

19 Nov. The Macroeconomic Effects of Government Bond Purchases

26 Nov. Income Inequality and Financial Crises

3 Dec. The Euro Area Debate

10 Dec. Current Topic / Exam Infos

17 Dec. Presentations