Economic Cycles and Crises (2 º Sem 2017/2018)
ECO , ECN , FIN , GES , MNG , MAEG
Program
The Theories
- The founders: Clément Juglar, Nikolai Kondratiev;
- The consensus by the early 20th century;
- 1929: The Great Depression and its interpretations;
- Keynes and the new synthesis.
The Models
- Econometrics and the Cycle: Jan Tinbergen and Ragnar Frisch;
- Real Business Cycles.
The Facts
- Stylized facts of economic oscillations;
- Business cycles and long waves;
- 2007: case study of the subprime crisis and the risks of the Second Depression.
- The founders: Clément Juglar, Nikolai Kondratiev;
- The consensus by the early 20th century;
- 1929: The Great Depression and its interpretations;
- Keynes and the new synthesis.
The Models
- Econometrics and the Cycle: Jan Tinbergen and Ragnar Frisch;
- Real Business Cycles.
The Facts
- Stylized facts of economic oscillations;
- Business cycles and long waves;
- 2007: case study of the subprime crisis and the risks of the Second Depression.