Financial Crises and Financial Regulation
Full course descriptionThe course builds on the experiences of the 2008 financial crisis (“Lehman”) and the ensuing policy reactions. In the first part of the course, the origins and types of financial crises are discussed, as well as their impact on economic growth. Second, it is discussed which post-crisis reforms policy makers have opted for after the 2008 financial crisis, in particular (European) regulation in the areas of banking and insurance. Finally, it is discussed whether the regulatory landscape has improved the resilience of the financial system. The course comprises (guest) lectures of experts in the field as well as visit to a European financial regulator.
Course objectivesUnderstand different financial crises, their causes and their impact. Analyse, understand and assess policies in the aftermath of financial crises, in particular financial regulation. Understand the advantages and disadvantages of the current financial regulatory framework.
Recommended readingSelected chapters from Financial Crises: Causes, Consequences and Policy Responses (edited by Stijn Claessens, M. Ayhan Kose, Luc Laeven and Fabian Valencia), IMF Publications, 2014, and several articles.
31 Oct 2022
23 Dec 2022
- O.C.H.M. Sleijpen
Teaching methods:Lecture(s), Paper(s), PBL, Presentation(s)
Assessment methods:Final paper, Participation, Written exam