Meeting #2: Government Guarantees and Financial Stability

DateTimeLocation
Monday, July 23, 2018 (01 Mordad 1397)15:00 – 16:00Khatam University, Room 202

“Government guarantees to financial institutions are common all over the world. The recent financial crisis has led to renewed interest and debate about their role and their desirability. On the one hand, government guarantees are thought to have a positive role in preventing panic among investors, and hence help stabilize the financial system. On the other hand, they may distort banks incentives, thus leading to an increase in financial fragility.” This paper provides a framework to study the effects of government guarantees on banks’ and depositors’ behavior.

Required Reading(s)Government Guarantees and Financial Stability

Meeting #1: Blockchain (Part 1)

DateTimeLocation
Monday, July 02, 2018 (11 Tir 1397)15:00 – 16:00Khatam University, Room 202

Although blockchain, cryptocurrencies’ underlying technology, has been widely covered in the media, its economics hasn’t been properly studied, yet. Consequently, blockchain will be a recurring theme in our reading group meetings. In this (the first) meeting, we review the basics of blockchain before our discussion of the assigned paper begins.

Required Reading(s)The Economic Limits of the Blockchain, by Eric Budish