14.454 Economic Crises


Class Info

Provides an overview of models of the business cycle caused by financial markets' frictions and shocks. Topics include credit crunch, collateral shocks, bank runs, contagion, speculative bubbles, credit booms, leverage, safe asset shortages, capital flows and sudden stops. Enrollment limited.

This class has 14.453 as a prerequisite.

14.454 will be offered this semester (Spring 2018). It is instructed by R. Caballero.

Lecture occurs 9:00 AM to 10:30 AM on Tuesdays and Thursdays in E51-395.

This class counts for a total of 6 credits.

You can find more information on MIT OpenCourseWare at the Economic Crises site or on the 14.454 Stellar site.

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Economic Crises
Tags
bubbles economic equilibrium economic crisis

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