Archive for the ‘Classroom’ Category
(For a complete list of Beginners posts, see Financial Crisis for Beginners.) If you want to get caught up on the financial and economic crisis in a hurry (and get a quick refresher on first-year macroeconomics), Charles Jones has a drafted a new chapter on the crisis for his macroeconomics textbook. (If you’ve already read [...]
The Flash recording is right here. Unfortunately, this is the last webcast for now; the final class on December 9 will not be recorded. For previous classes and class-related materials, use the Classroom category. Thanks to all of the participants on the Internet.
December 2, 2008 The Global Crisis, class #4 Relevant links, including background material and tracking of all relevant developments available through http://BaselineScenario.com. Update: Webcast for today’s class (RealMedia). Summary of class content and structure:
Tomorrow, Tuesday December 2, at 4:30pm (please note special start time for this week), we will webcast our next MIT class on the global crisis. The session will run until 7pm, as usual, with a break around 5:30pm. This is the last class on the crisis that we will broadcast & record, at least for now. (There will also [...]
The European Central Bank is widely expected to cut interest rates, perhaps by 50 basis points (half of a percentage point), this week. They could, of course, follow the lead of the Bank of England or the Swiss National Bank and go for a much larger cut (150 basis points and 100 basis points respectively on [...]
The Citigroup bailout was a good deal for Citi shareholders (who wouldn’t appreciate a big transfer from the taxpayer during this holiday season?) and a great deal for Citigroup management. But it also has three global implications that perhaps have not yet been fully thought through. 1. The Citi deal shifts pressure from US financial institutions, [...]
The flash video recording of Simon’s Tuesday class on the global crisis is available here. The class agenda is available here. Keep your eyes open for future live webcasts where you can send in comments and questions.
link to webcast is here Outline of session; November 18, 2008 The Global Crisis, class #3 Relevant links, including background material and tracking of all relevant developments available through http://BaselineScenario.com. Details of session after the jump -
Join us for the next live webcast of my MIT class on the global crisis. Details after the jump…
Initial reactions to the G20 summit are fairly positive, in the sense that the communique and associated press conferences conveyed (a) there was no open acrimony, (b) the body language was broadly supportive of countercyclical policies, and (c) there may now be a serious international regulatory agenda. None of this is really new and it could all have been arranged [...]
What would constitute success and what would imply failure at the G20 heads of government meeting (dinner tonight and what is expected to be a five hour session on Saturday)? Here are three possible sets of outcomes:
The global financial crisis began (and continues) in relatively rich places, like the US and Western Europe, and it has obviously spread to previously fast growing middle-income countries, often known as “emerging markets.” We are also beginning to see significant effects in lower-income developing countries.
What exactly is on the table for the G20 heads of government meeting in Washington at the end of this week? One possibility is some sort of synchronized or joint fiscal policy stimulus in most G20 member countries. (Yes, I know that the communique from this weekend’s meeting of finance ministers and central bank governors was somewhat [...]
You can now download the video of our November 4th (Tuesday) class. The class covered a range of topics, as advertised (although I always like a class to jump around as students and guests make good points.) The highlights from my perspective were:
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Is This A Crisis Or Just A Recession?
December 7, 2008 in Classroom, Commentary
Tags: Crisis Hotspots
The world seems quiet. Sure, we have record job losses in the US, a likely decline in global trade for 2009, and what seems like to be a Great Leap Downwards for Chinese growth. But no one is quite as worried as they were a month ago, let alone two months ago. It feels, perhaps, [...]