Recent Financial Crises: Theory and Evidence - JEB152

• Title: Recent Financial Crises: Theory and Evidence
• Czech title: Recent Financial Crises: Theory and Evidence
• Guaranteed by: Institute of Economic Studies (23-IES)
• Faculty: Faculty of Social Sciences
• Actual: from 2024
• Semester: summer
• E-Credits: 5
• Examination process: summer s.:combined
• Hours per week, examination: summer s.:2/0, Ex [HT]
• Capacity: 59 / unknown (unknown)
• Min. number of students: unlimited
• 4EU+: no
• Virtual mobility / capacity: no
• State of the course: not taught
• Language: English
• Teaching methods: full-time
• Note: course can be enrolled in outside the study plan; enabled for web enrollment; priority enrollment if the course is part of the study plan
• Guarantor: PhDr. Ing. Martin Janíčko, Ph.D.; Kamil Kovář, M.A., Ph.D.
• Teacher(s): PhDr. Ing. Martin Janíčko, Ph.D.; Kamil Kovář, M.A., Ph.D.
• Class: Courses for incoming students
• Pre-requisite : JEB102

Annotation

The purpose of the course is to familiarize students with the detailed narrative of the Global financial crisis of 2007-2008 and the European sovereign debt crisis of 2010-2015, as well as empirical analyses of these crises. Part of the course is dedicated to theoretical models useful in analysis of financial crises.

The course has associated website with further information and all materials:

https://sites.google.com/site/htfinancialcrises/home

The course will be opened each 2nd year, next in AY SS 2023/24.

Last update: Kovář Kamil, M.A., Ph.D. (02.03.2024)

Aim of the course

English

The purpose of the course is to familiarize students with the detailed narrative of the Global financial crisis of 2007-2008 and the European sovereign debt crisis of 2010-2015. Part of the course is dedicated to theoretical models useful in analysis of financial crises.

 

 

 

Last update: SCHNELLEROVA (17.08.2018)

Czech

Please switch to the english version.

Last update: SCHNELLEROVA (25.10.2019)

Descriptors

English

Course contents

1. Financial crisis of 2007-2008 (6 classes)

2. Financial intermediary theory, banks and bank runs (2 classes)

3. Theory of financial crises (1 class)

4. European sovereign debt crisis (2 classes)

5. Macroeconomic developments since 2007 (1 class)

For mode details see course site at https://sites.google.com/site/htfinancialcrises/about-the-course.

 

 

Last update: Kovář Kamil, M.A., Ph.D. (05.02.2021)

Czech

Please switch to the english version.

Last update: SCHNELLEROVA (25.10.2019)

Literature

English

[1] Gary B Gorton. Slapped by the invisible hand: The panic of 2007. Oxford University Press, 2010.

[2] Gary Gorton and Andrew Metrick. Getting up to speed on the financial crisis: A one-weekend-

reader’s guide. Journal of Economic Literature, 50(1):128–50, 2012.

[3] Viral V. Acharya and Matthew Richardson. Causes of the financial crisis. Critical Review, 21(2-

3):195–210, 2009.

4] Richard Baldwin, T Beck, A Bnassy-Qur, O Blanchard, G Corsetti, P de Grauwe, W den Haan, F Giavazzi, D Gros, and S Kalemli-Ozcan. Rebooting the eurozone: Step 1agreeing a crisis narra- tive. CEPR Policy Insight, 85:1–15, 2015.

[5] Franklin Allen and Douglas Gale. Understanding Financial Crises. OUP Catalogue. Oxford Uni-

versity Press, 2009. 9780199251421.

[6] Xavier Freixas and Jean-Charles Rochet. Microeconomics of banking. MIT press, 2008.

[7] Raghuram G Rajan. Fault lines: How hidden fractures still threaten the world economy. Princeton

University Press, 2011.

[8] Jean Pisani-Ferry. The Euro crisis and its aftermath. Oxford University Press, USA, 2014.

[9] Jean Tirole. The theory of corporate finance. Princeton University Press, 2010.

 

Last update: SCHNELLEROVA (17.08.2018)

Czech

[1] Gary B Gorton. Slapped by the invisible hand: The panic of 2007. Oxford University Press, 2010.

[2] Gary Gorton and Andrew Metrick. Getting up to speed on the financial crisis: A one-weekend-

reader’s guide. Journal of Economic Literature, 50(1):128–50, 2012.

[3] Viral V. Acharya and Matthew Richardson. Causes of the financial crisis. Critical Review, 21(2-

3):195–210, 2009.

4] Richard Baldwin, T Beck, A Bnassy-Qur, O Blanchard, G Corsetti, P de Grauwe, W den Haan, F Giavazzi, D Gros, and S Kalemli-Ozcan. Rebooting the eurozone: Step 1agreeing a crisis narra- tive. CEPR Policy Insight, 85:1–15, 2015.

[5] Franklin Allen and Douglas Gale. Understanding Financial Crises. OUP Catalogue. Oxford Uni-

versity Press, 2009. 9780199251421.

[6] Xavier Freixas and Jean-Charles Rochet. Microeconomics of banking. MIT press, 2008.

[7] Raghuram G Rajan. Fault lines: How hidden fractures still threaten the world economy. Princeton

University Press, 2011.

[8] Jean Pisani-Ferry. The Euro crisis and its aftermath. Oxford University Press, USA, 2014.

[9] Jean Tirole. The theory of corporate finance. Princeton University Press, 2010.

Last update: Bednařík Petr, PhDr., Ph.D. (15.02.2020)

Requirements to the exam

English

Requirements
Requirement type
Final test 100%
Total 100%

Last update: Kovář Kamil, M.A., Ph.D. (05.02.2021)

Czech

Please switch to the english version.

Last update: SCHNELLEROVA (25.10.2019)

Syllabus

Course contents

1. Global financial crisis of 2007-2008 (5 classes)

2. European sovereign debt crisis (3 classes)

3. Financial intermediary theory, banks and bank runs (3 classes)

4. Theory of financial crises (1 class)

5. Macroeconomic developments since 2007 (1 class)

Last update: Kovář Kamil, M.A., Ph.D. (02.03.2024)

Entry requirements

The theoretical parts will use standard maximization toolkit used in intermediate microeconomics (e.g. JEB104/108). Knowing such toolkit is prerequisite for this course. The relevant textbook is Varian or Nicholson-Snyder. Understanding of empirical methods (econometrics), basic macroeconomics and game theory, while not essential, will be a plus.

Last update: Kovář Kamil, M.A., Ph.D. (05.02.2020)