Open Course Space

Financial Crises

Massachusetts Institute of TechnologyUnited States14.09
Free, no sign-up neededJanuary IAP 2016English
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This course is an introduction to the economic theories of financial crises. It focuses on amplification mechanisms that exacerbate crises, such as leverage, fire sales, bank runs, interconnections, and complexity. It also analyzes the different perspectives on the origins of crises, such as mistaken beliefs and moral hazard, and discusses the optimal regulation of the financial system.

Description from MIT OpenCourseWare.

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