ECON 221B

Monetary Economics II

Description: Lecture, three hours. Emphasis on theoretical, historical, and policy aspects of monetary economics. Financial intermediation, bank panics, asset price volatility, game theoretic models of policy, inflation, implication of monopolistic competition, search and coordination failures, central bank operations, and evolution of monetary institutions. S/U or letter grading.

Units: 4.0
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Andrew Atkeson

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Roger Farmer

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Francois Geerolf

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Pierre-Olivier Weill

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P Weill

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