Search for tag: "central banks"
Bank Runs and Panics, Part IIEven with the reforms that were introduced in the Great Depression and afterward, bank panics can happen again. This chapter provides a comprehensive overview of the 2008 financial crisis, which…
From SDG Academy
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Currency CrisesThis chapter focuses on what is behind a currency crisis, which is when the exchange rate depreciates and the local currency loses values. There are three types of models that explain the reason for…
From SDG Academy
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Monetary Policy Under Fixed and Floating Exchange RatesThis chapter discusses monetary policy, and focuses on the difference between fixed and floating exchange rates. It begins by explaining the role that a central bank plays in maintaining its exchange…
From SDG Academy
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Exchange Rate ArrangementsIn this chapter, Professor Larraín covers the different forms of exchanging arrangements and some real-world cases of collapsing exchanging arrangements, or currency crises. A common case of…
From SDG Academy
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The Central Bank and New Approaches to Monetary PolicyThis video focuses on central bank and monetary policy, and specifically how central banking has evolved in recent years. Most banks aim to control interest rates rather than a monetary aggregate.…
From SDG Academy
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Money Supply and the Role of the Central BankThis chapter discusses the money supply process by the central bank. In most countries, the short-term interest rate is used as the instrument of monetary policy. There are three operations of a…
From SDG Academy
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