Seminar Monetary Policy
The seminar will introduce participants to a wide range of important and topical issues in monetary economics. Participants will explore and discuss topics such as central bank communication, optimal currency areas and the impact of differing transmission mechanisms in Europe. Students are expected to deliver a seminar paper (in English) and participate in the general discussion (in English or, if helpful, in German).
The list of available topics can be viewed here.
- Monetary Policy in the New Neoclassical Synthesis
- The Case For Price Stability
- The Fallen Giant: Japan, Deflation and Monetary Policy Measures in Low Inflation and Deflation Environments
- Did the Tranmission Mechanisms of Monetary Policy change after EMU?
Preliminary Meeting: 20. July 2006, 12:00, Kaminzimmer (Boltzmannstrasse 20)
General introduction; discussion of proceedings; introduction to topics;
Students must fill out an application form during the meeting.
Beginning of semester break: 31. July – 4. August 2006
Students will be informed of their topics for the seminar paper.
Until 15. September 2006:
Students have to propose an outline of the paper and discuss it with their advisor.
3. November 2006:
Deadline for submission of seminar papers.
14. December :
Seminar presentations and discussion (“Blockveranstaltung”)
Selection of Students:
Skills in monetary economics (for instance, classes visited) will be taken into account. A maximum of 20 students will participate.
Allocation of topics:
As a rule, more than one student will work on a topic. The allocation of topics will be based on students’ preferences. Students will be informed about their topic by email early in the semester break.
Seminar papers are to be submitted in English. Presentations and discussions should also be in English. Of course, students may switch to German during discussions whenever helpful.
Each participant will write a seminar paper (click here to view the specific requirements for seminar papers [text in German]) which (s)he will also present to the group. The length of the presentation should not exceed 45 minutes.
In addition each student should be ready to discuss any other seminar paper. All papers will be available online 2 weeks prior to the seminar. The idea is that the specific problems or/and interesting issues of the topic should be highlighted for about 5 minutes (with just a few slides/transparencies) to prepare the general discussion of the presentation and paper. There will be a random selection of the discussants after each presentation.
Students are expected to participate actively in the general discussion.
The deadline for submission will be at the 3rd of November (see above). Two hard copies (stapled) of the paper should be submitted as well as a PDF file (preferably, Word otherwise).
Final grades will be reflecting the grade received on the seminar paper as well as participant's achievements in their presentation, their discussion of the papers, and their contribution to the general discussion.