Linha de pesquisa: Finanças

This courses aims at covering the banking literature as it relates to theory, empirical studies, and regulations. The first part, taught by Prof. André Silva, discusses the the role of information on asset prices, financial frictions and macroeconomics, the understanding of the role of central banks (monetary policy, etc and a discussion on sovereign debt crises and central bank independence) as well as financial crises (the financial crisis of 2008, comparison with the 1929 crisis and models of bank runs).  The second part (by Prof. Rafael Schiozer) discusses the microeconomic foundations of the banking firm, bank risk and regulations (including the Basel accords).

We expect that students will be better prepared to do research in banking, financial stability and macrofinance-related topics after taking this course. We also expect students to develop their critical thinking and learn to make academic presentations and discussions in a professional manner, which is fundamental to the research profession.