Kursthemen
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Overview: The purpose of this course is to gain a thorough understanding of monetary policy. Besides core monetary policy topics, we will devote quite a bit of time to discuss current challenges of monetary policy. Topics in this regard range from the zero lower bound on nominal interest rates, the reasons for hitting the zero lower bound, the ensuing usage of Quantitative Easing, the impact of decreasing inflation expectations, and the possibility to transition into a permanent zero interest rate equilibrium. We will discuss practical aspects of monetary policy that should be helpful for understanding policy debates and for assessing current macroeconomic developments. We will develop a macroeconomic framework that is a simplified version of the models used at central banks.
Exam: Friday, 25.02.2022, 18.00 - 19.00 Uhr (German time), Audimax, (offcial plan)
Lecturer: Prof. Dr. Maik Wolters
Lecture: weekly on Monday, 10.15 - 11.45 via Zoom (starting 25.10.2021, second week due to faculty inauguration on 18.10.2021)
Exercise Session: weekly on Friday, 12.15 - 13.45 (starting 29.10.2021) via Zoom held by Dominik Hecker and Josefine Quast. We will record the exercise session and provide the recording here for a limited time of approx. 2 weeks.
- Zoom-Link: https://uni-wuerzburg.zoom.us/j/92141650580
- Meeting-ID: 921 4165 0580
- Password: 123456
Organizational Details: Module Monetary Policy - 12-M-EG1 - previously: Geldpolitik und Finanzsystem
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Find the slide sets for the lectures here:
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