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Study Center Gerzensee, Swiss National Bank

Dates:
August 24-28, 2009
Description:
Study Center Gerzensee Advanced Doctoral Summer Course on Liquidity, Business Cycles and Monetary Policy
Location:
Gerzensee, Study Center Gerzensee, Switzerland
Subject:
This course will study the interaction between liquidity, asset prices and aggregate economic activity over the business cycle. The course begins with alternative theoretical approaches to liquidity which emphasize limited commitment and limited market participation. We use these frameworks to examine how aggregate production and asset prices fluctuate with shocks to productivity and liquidity. In so doing, we aim to understand the recent financial crisis following the increase in defaults on US subprime mortgages. We will then consider the role of public policies, particularly broad monetary policies. [gem?_?? den Informationen des Anbieters - according to site editor's information]
Notes:
JEL Code:
E
Sponsor:
URL:
http://www.szgerzensee.ch/courses/doctoral/advanced-courses/

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