PPT-Monetary System

s Lecture 6 Vallyon Andrea 1 Agenda Presentation about the money history Exchange rate systems History of I nternational M onetary S ystems 2 Learning goals 3 To describe the different types of exchange rate systems. Steve Keen. www.debtdeflation.com/blogs. Kickstarter. : . http://t.co/rzFwjEnJ. From the Great Moderation to the Lesser Depression. Sudden decay of economic conditions in 2007-08:. From the Great Moderation to the Lesser Depression. BASED ON . LASSO. -ASSISTED VECTOR AUTOREGRESSION (LAVAR). Jiahan Li. Assistant professor of Statistics. University of Notre Dame. R/Finance 2012. Motivation. . Large models with many parameters. Large vector autoregressions. Steven Barnett. (May 2010). Summary and Outline. Inflation poses a major risk. Too high and rising. Broad-based . Not just meat prices. Also excess demand. Monetary tightening must continue. Control inflation expectations. Steve Keen. www.debtdeflation.com/blogs. Kickstarter. : . http://t.co/rzFwjEnJ. From the Great Moderation to the Lesser Depression. Sudden decay of economic conditions in 2007-08:. From the Great Moderation to the Lesser Depression. Monetary System. Relationship between monetary system and foreign exchange rates. Historical development. Fixed vs floating exchange rates. Role of the IMF and World Bank. Implications for managers. International Monetary System. EFFECTIVENESS OF MONETARY POLICY AND RATIONAL EXPECTATION. Content. Relative effectiveness of Monetary Policy – the IS-LM again…. Intermediate Targeting. Keynesian versus Monetarist. Rational Expectations. OF EXCHANGE RATES. LECTURE 23 --. . . Building blocs. - Interest rate parity. - Money demand equation. - Goods markets. . Flexible-price . version: . monetarist/Lucas model. - . derivation. - applications: hyperinflation; speculative . The Federal Reserve. Susan Kizer. Economic Education Coordinator. The opinions expressed are solely those of the presenters and do not reflect the opinions of the Federal Reserve System. . . Monetary Policy. This web quiz may appear as two pages on tablets and laptops.. I recommend that you view it as one page by clicking on the open book icon at the bottom of the page.. 16b – Other Monetary Policy Issues. The Monetary System: What It Is and How It Works Chapter 4, Macroeconomics , by N. Gregory Mankiw , 8 th Edition ECO62 , Udayan Roy Three Main Questions What is money? What is the role of a nation’s banking system in determining the quantity of money in the economy? Monetary Policy 2.5 Monetary Policy What is a central bank? How does the mechanism of monetary policy work? How does it affect the economy? Evaluation of monetary policy Monetary Policy – Central banks Paul De Grauwe. The . fragility of incomplete monetary unions. Introduction. Summing up from previous lectures:. Complete monetary union. : a monetary union together with budgetary union.. Incomplete monetary union. . Introduction. - Monetary policy is concerned with the changes in the supply of money and credit. It refers to the policy measures undertaken by the government or the central bank to influence the availability, cost and use of money and credit with the help of monetary techniques to achieve specific objectives. It aims to influence two major variables:. Macro prudential . Policies: The Role of New Monetary Policy Rules. Dr. Nicholas . Apergis. University of Piraeus. Event: . ADFIMI International Development Forum Meeting. Doha 25/04/2016. Roadmap. ► The new banking environment: idiosyncratic...