Much of the focus in this seminar is on what is similar and what is different across credit cycles, financial crises (including across experience in various countries), and the behaviour of credit across countries during the COVID-19 pandemic—and what we can learn from that.
Topics for the major research paper should be in one of the following areas:
• Relationships between credit cycles, business cycles, and cycles in financial prices
• Prediction of business cycles using credit and other financial variables
• Prediction and causes of financial crises
• Central bank policy response to financial crises or credit growth, and its effectiveness
• Other policy responses to financial crises and their effectiveness
• Prevention of financial crises and the effectiveness of macroprudential policy
• Behaviour of credit during the pandemic: causes or policies.
Fall
2021/2022
Section
1