Modern banking is a wonderful technology. Understanding how regulation shapes it and contributes to the outcomes we observe is of great importance.
Out of all the areas of economics, monetary policy and its impact on the macroeconomy might be the one that receives the most attention among non-economists.
Interventionist monetary policies, intending to lower interest rates to boost the economy or increase employment, are circumscribed.
As an introduction to the topics that will be dealt with in the AIER Graduate Colloquium, over the next few weeks Joakim Book will summarize the core readings that our students are currently reading to prepare for a good discussion at the event.