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katalog przedmiotów - pomoc

Monetary and financial issues

Informacje ogólne

Kod przedmiotu: 2400-SU2TS71 Kod Erasmus / ISCED: 14.3 / (0311) Ekonomia
Nazwa przedmiotu: Monetary and financial issues
Jednostka: Wydział Nauk Ekonomicznych
Grupy: Anglojęzyczna oferta zajęć WNE UW
Seminaria magisterskie dla II roku programów anglojęzycznych
Punkty ECTS i inne: 3.00
zobacz reguły punktacji
Język prowadzenia: angielski
Rodzaj przedmiotu:

seminaria magisterskie

Skrócony opis: (tylko po angielsku)

The aim of the seminar is to equip students with tools that allow to conduct an individual project and to prepare a master thesis.

The seminar focuses on monetary and financial issues. Monetary policy effects and transmission channels, central bank strategies, costs of inflation and deflation, the role of financial development and financial frictions are the suggested but not exclusive thesis topics.

Assessment will be made by the progress in preparation and discussion of the thesis.

Pełny opis: (tylko po angielsku)

1. Methodology of writing a thesis. Formulation and verification of a research hypothesis.

2. Discussion of research areas providing a basis for the selection of the thesis topics:

2.1 Monetary transmission mechanism

2.2 Central banking (goals, central bank independence, relationship between monetary and fiscal policy)

2.3 Monetary policy after the global financial crisis

2.4 Access to credit (firms) and financial services (households)

2.5 Economic growth and financial development

2.6 The role of financial development and financial frictions in the moderation/amplification of business fluctuations

Literatura: (tylko po angielsku)

Aisen, A. and M. Franken (2010), “Bank Credit during the 2008 Financial Crisis: A Cross-Country Comparison”, IMF Working Paper 1047.

Aizenman J, B Pinto and V l Sushko (2013), “Financial sector ups and downs and the real sector in the open economy: Up by the stairs, down by the parachute”, Emerging Markets Review 16, 1–30.

Amiti, M and D E Weinstein (2018), “How Much Do Idiosycratic Bank Shocks Affect Investment? Evidence from Matched Bank-Firm Loan Data”, Journal of Political Economy 126(2), 525-587.

Bernanke, B S and M Gertler (1989), “Agency Costs, Net Worth, and Business Fluctuations”, American Economic Review, 79(1): 14–31.

Bodea, C. and Higashijima, M. (2017), “Central bank independence and fiscal policy: Can the central bank restrain deficit spending?”, British Journal of Political Science 47(1), 47-70.

Bordo, M.D. and Siklos, P.L. (2017) “Central bank credibility before and after the crisis”, Open Economies Review 28(1), 19-45.

De Haan, J., Bodea, C., Hicks, R., and Eijffinger, S.C.W. (2018) “Central bank independence before and after the crisis”, Comparative Economic Studies 60(2), 183-202.

Fratzscher, M., Lo Duca, M., and Straub, R. (2016) “ECB unconventional monetary policy: Market impact and international spillovers”, IMF Economic Review 64(1), 36-74.

Khwaja, A I and A Mian (2008), “Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market”, American Economic Review, 98(4): 1413–1442.

Philippon, T, and A Reshef. (2013). “An international look at the growth of modern finance”, The Journal of Economic Perspectives 27 (2): 73-96.

Ramey, V A (1993), “How Important is the Credit Channel in the Transmission of Monetary Policy?”, Carnegie-Rochester Conference Series on Public Policy, 39: 1–45.

Weber, C.S. (2018) „Central bank transparency and inflation (volatility) – new evidence”, International Economics and Economic Policy 15(1), 21-67.

Valickova, P., Havranek, T., and Horvath, R. (2015) “Financial development and economic growth: A meta-analysis”, Journal of Economic Surveys 29(3), 506-526.

Efekty uczenia się: (tylko po angielsku)

EXPERTISE:

Upon the seminar completion a student:

- understands the objectives and real effects of monetary policy

- knows monetary policy strategies and central bank’s policy during and after the financial crisis

- is able to analyze the relation between fiscal and monetary policy

-understands the importance of access to financial services

- is able to analyze the role of financial market in dampening cyclical output fluctuations and spurring long-term growth

SKILLS:

Upon the seminar completion a student

- is able to posit hypothesis and verify them

- is able to prepare an undergraduate thesis

- is able to handle the databases of the World Bank, International Monetary Fund, Bank for International Settlements.

SOCIAL SKILLS:

Student

- is able to develop strategies for effective time, task management and work planning

- is able to combine and use multiple sources of information to deepen the knowledge about the role of financial market

Metody i kryteria oceniania: (tylko po angielsku)

The progress in the preparation of the thesis is the sole assessment criterion. During the fall semester students, assisted by the supervisor, select the topic of the thesis, prepare a detailed plan of the thesis and a preliminary version of the thesis. During the spring semester students conduct their own research project and complete the thesis.

To pass the second semester, students have to submit the complete theses.

Zajęcia w cyklu "Semestr zimowy 2020/21" (zakończony)

Okres: 2020-10-01 - 2021-01-31
Wybrany podział planu:


powiększ
zobacz plan zajęć
Typ zajęć: Seminarium magisterskie, 30 godzin więcej informacji
Koordynatorzy: Michał Brzozowski
Prowadzący grup: Michał Brzozowski
Lista studentów: (nie masz dostępu)
Zaliczenie: Przedmiot - Zaliczenie
Seminarium magisterskie - Zaliczenie
Tryb prowadzenia:

zdalnie

Zajęcia w cyklu "Semestr letni 2020/21" (zakończony)

Okres: 2021-02-22 - 2021-06-13
Wybrany podział planu:


powiększ
zobacz plan zajęć
Typ zajęć: Seminarium magisterskie, 30 godzin więcej informacji
Koordynatorzy: Michał Brzozowski
Prowadzący grup: Michał Brzozowski
Lista studentów: (nie masz dostępu)
Zaliczenie: Przedmiot - Zaliczenie
Seminarium magisterskie - Zaliczenie
Tryb prowadzenia:

zdalnie

Zajęcia w cyklu "Semestr zimowy 2021/22" (w trakcie)

Okres: 2021-10-01 - 2022-02-20
Wybrany podział planu:


powiększ
zobacz plan zajęć
Typ zajęć: Seminarium magisterskie, 30 godzin więcej informacji
Koordynatorzy: Michał Brzozowski
Prowadzący grup: Michał Brzozowski
Lista studentów: (nie masz dostępu)
Zaliczenie: Przedmiot - Zaliczenie
Seminarium magisterskie - Zaliczenie
Opisy przedmiotów w USOS i USOSweb są chronione prawem autorskim.
Właścicielem praw autorskich jest Uniwersytet Warszawski.