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- Centre for Central Banking Studies, Bank of England

Dates:February 17-19, 2014
Description:Modelling financial frictions - Centre for Central Banking Studies
Location:London, United Kingdom
Subject:This three-day seminar introduces participants to some of the key related concepts and shows how they can be studied in a dynamic stochastic general equilibrium setup. To build an understanding of the implications of financial frictions for business cycle fluctuations and monetary policy, theoretical sessions will be followed by hands-on exercises equipping participants with the skills necessary to develop and use such models in their work. The topics covered are likely to include: - an overview of aspects of the data justifying an analysis of financial frictions; - different ways of deviating from the frictionless benchmark: costly state verification collateral constraints costly enforcement - models of financial intermediation; and - financial frictions and the monetary transmission mechanism. [gem_ den Informationen des Anbieters - according to site editor's information]
JEL Code:G
URL:http://www.bankofengland.co.uk/education/Pages/ccbs/events/events.aspx

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