Economics of Money and Banking
(Redirected from ECON V3265)
Economics of Money and Banking. Many people take this course with Perry Mehrling.
Contents
Syllabus
Introduction
- The Four Prices of Money
- Natural Hierarchy of Money
- US Monetary History
- The Balance Sheet Approach
Banking as a Clearing System
- The Central Bank as a Clearinghouse
- Final Settlement, Fed Funds
- Postponing Settlement, Repo
- Reserves and the Money Standard
- International Monetary History
Banking as Market Making
- The Central Bank as a Market Maker
- Dealers:Liquid Security Markets
- Banks:The Market for Liquidity
- The Fed:Foreign Exchange
- Liquidity Crises and Discount Policy
- Review
Banking as Advance Clearing
- Futures and Forwards
- Liquidity and the Term Structure
- Life in Swap Land
Monetary Policy
- Open Market Operations OMO
- The Development of Orthodoxy
- The Challenge of Finance
- A Money View Response
Banking as Intermediation
- Financial Intermediation
- Banks as Intermediaries
- Bank Lending