printer friendly pageFINANCE 548: The Political Economy of Banking Regulation in US and Europe
The 2007-09 financial crisis exposed the extreme fragility of the financial system and the harm financial crises can cause. Have regulatory reforms in the US and Europe been effective and, if not, how and why? Does it matter if some institutions are "too big to fail," and, if so, how and why? This course will discuss the economic and political forces that are shaping the financial system in US and Europe and evaluate recent and current events that will have important implications for the economy for many years. We will see how politics trumps economics in Washington, London and Brussels in different but broadly predictable ways.
Units: 1
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Grading: GSB Pass/Fail
Instructors:
Admati, A. (PI)
;
Schulz, H. (SI)
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