Financial Frictions and Macroprudential Policies
Course Instructor: Nobuhiro Kiyotaki (Princeton University)
Area: Financial Stability and Macroprudential policy
This course will focus on the following topics:
- Rationale for macroprudential policy;
- DSGE models with a financial sector;
- Interactions between the real and the financial sectors;
- Financial accelerator, booms and busts.
This course is targeted at EBA, SSM, SRB, ESRB, EU officials, financial stability and research department of Central Banks, Ph.D. students, private sector economists.