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Angewandte VWL: Monetary Policy in the Euro Area
- Dozent/in
- Prof. Dr. Christian Proaño
- Angaben
- Vorlesung
2 SWS
Zeit und Ort: Di 12:00 - 14:00, F21/02.18; Bemerkung zu Zeit und Ort: Erster Termin: 28.04.2020
- Inhalt
- Learning Outcomes:
The main objective of this course is to extend the students’ knowledge of monetary theory and how monetary policy is conducted in the euro area.
Content:
After a brief discussion of the history of the European Economic and Monetary Union (EMU) and the structure and objectives of the Eurosystem the money creation process in a monetary economy is discussed in detail. The main transmission channels of monetary policy in closed and open economies, as well as the main monetary policy strategies and the rules vs. discretion debate are then addressed. How the ECB implements its monetary policy in the financial markets in normal as well as in crisis times is discussed as next. Finally, the one-size-fits-all problem of the European Central Bank, as well as the conduct of macroprudential policy in the euro area are also treated.
- Zusätzliche Informationen
- Erwartete Teilnehmerzahl: 40
- Institution: Professur für Volkswirtschaftslehre, insbes. Angewandte Wirtschaftsforschung
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