Coursera - Economics of Money and Banking Part Two
Perry G Mehrling (Columbia University)



Support
Academic Torrents!

Disable your
ad-blocker!

Coursera - Economics of Money and Banking Part Two (367 files)
assignment_home.html34.36kB
Quizzes.html59.71kB
course_home.html51.75kB
entered_login.html1.37MB
ghostdriver.log3.62kB
Surveys.html33.02kB
Syllabus/links.txt1.66kB
Syllabus/Syllabus.html39.26kB
CommunityTAs/CommunityTAs.html41.83kB
CommunityTAs/links.txt1.60kB
Announcements/Announcements.html51.52kB
Announcements/links.txt2.25kB
Quizzes/2_Quiz_3/links.txt1.61kB
Quizzes/2_Quiz_3/2_Quiz_3.html51.48kB
Quizzes/3_Quiz_4/3_Quiz_4.html51.52kB
Quizzes/3_Quiz_4/links.txt1.61kB
Quizzes/4_Quiz_5/4_Quiz_5.html48.74kB
Quizzes/1_Quiz_2/links.txt1.61kB
Quizzes/1_Quiz_2/1_Quiz_2.html51.76kB
QuickQuestions15/QuickQuestions15.html54.44kB
DiscussionForums/DiscussionForums.html61.84kB
QuickQuestions15/links.txt1.50kB
Quizzes/0_Quiz_1/0_Quiz_1.html51.63kB
Quizzes/0_Quiz_1/links.txt1.61kB
Quizzes/4_Quiz_5/links.txt1.61kB
DiscussionForums/links.txt2.63kB
Downloadsselected/money2%2FWeek%202.zip355.54MB
Downloadsselected/money2%2FWeek%203.zip283.72MB
Downloadsselected/money2%2FWeek%204.zip302.67MB
Downloadsselected/money2%2FWeek%206.zip354.04MB
Downloadsselected/links.txt2.06kB
Downloadsselected/Downloadsselected.html42.14kB
13_Weekly_updates/01_Week_1_discussion.mp427.57MB
13_Weekly_updates/02_Week_2_discussion.mp426.95MB
13_Weekly_updates/04_Week_5_discussion.mp420.86MB
Downloadsselected/zip_page.html42.14kB
13_Weekly_updates/03_Week_4_discussion.mp430.76MB
ReadingAssignments/money2%2Freadings%2FMcCauley.pdf271.50kB
ReadingAssignments/money2%2Freadings%2FPart3.pdf4.96MB
ReadingAssignments/money2%2Freadings%2FGurley%2Band%2BShaw.pdf10.95MB
ReadingAssignments/links.txt3.26kB
ReadingAssignments/money2%2Freadings%2FMundell.pdf2.58MB
ReadingAssignments/money2%2Freadings%2FPart1.pdf5.48MB
ReadingAssignments/money2%2Freadings%2FPart2.pdf5.93MB
ReadingAssignments/zip_page.html44.22kB
ReadingAssignments/money2%2Freadings%2FSSRN-id2232016%20%282%29.pdf215.27kB
ReadingAssignments/ReadingAssignments.html44.22kB
ReadingAssignments/money2%2Freadings%2Fmoney2-readings-Study_Questions_on_Shadow_Banking.pdf54.63kB
GradingandLogistics/links.txt1.61kB
GradingandLogistics/GradingandLogistics.html40.54kB
Quizzes/5_Final_Exam/5_Final_Exam.html58.68kB
Quizzes/5_Final_Exam/links.txt1.61kB
02_Review_of_Part_One/04_Central_Bank_Operations_crisis_times_4-44.txt4.16kB
02_Review_of_Part_One/04_Central_Bank_Operations_crisis_times_4-44.srt7.31kB
02_Review_of_Part_One/05_Q-__Settlement_Risk_Payments_and_Market-making_4-30.mp412.60MB
02_Review_of_Part_One/06_Q-__Standard_and_Subordinate_Coin_2-30.txt2.12kB
02_Review_of_Part_One/05_Q-__Settlement_Risk_Payments_and_Market-making_4-30.srt7.14kB
02_Review_of_Part_One/06_Q-__Standard_and_Subordinate_Coin_2-30.srt3.54kB
02_Review_of_Part_One/04_Central_Bank_Operations_crisis_times_4-44.mp410.67MB
02_Review_of_Part_One/07_Q-__War_Finance_as_Financial_Crisis_4-28.txt3.81kB
02_Review_of_Part_One/03_Central_Bank_Operations_normal_times_7-51.txt6.74kB
02_Review_of_Part_One/02_Inspiration-__The_Origin_of_the_Fed_3-51.txt4.13kB
02_Review_of_Part_One/07_Q-__War_Finance_as_Financial_Crisis_4-28.mp411.30MB
02_Review_of_Part_One/03_Central_Bank_Operations_normal_times_7-51.mp417.71MB
02_Review_of_Part_One/07_Q-__War_Finance_as_Financial_Crisis_4-28.srt6.38kB
02_Review_of_Part_One/05_Q-__Settlement_Risk_Payments_and_Market-making_4-30.txt4.23kB
02_Review_of_Part_One/10_Q-__Fed_Balance_Sheet_Operations_10-28.mp424.18MB
02_Review_of_Part_One/03_Central_Bank_Operations_normal_times_7-51.srt11.64kB
02_Review_of_Part_One/01_FT-__Trade_Credit_and_the_Eurocrisis_5-30.txt5.23kB
02_Review_of_Part_One/01_FT-__Trade_Credit_and_the_Eurocrisis_5-30.srt8.86kB
02_Review_of_Part_One/02_Inspiration-__The_Origin_of_the_Fed_3-51.srt6.70kB
02_Review_of_Part_One/10_Q-__Fed_Balance_Sheet_Operations_10-28.txt9.15kB
02_Review_of_Part_One/06_Q-__Standard_and_Subordinate_Coin_2-30.mp45.91MB
02_Review_of_Part_One/10_Q-__Fed_Balance_Sheet_Operations_10-28.srt15.51kB
02_Review_of_Part_One/01_FT-__Trade_Credit_and_the_Eurocrisis_5-30.mp416.71MB
02_Review_of_Part_One/02_Inspiration-__The_Origin_of_the_Fed_3-51.mp48.84MB
02_Review_of_Part_One/08_Q-__Forward_Parity_7-20.mp418.33MB
02_Review_of_Part_One/09_Q-__Payments_CHIPS_and_Fedwire_12-20.mp431.22MB
02_Review_of_Part_One/08_Q-__Forward_Parity_7-20.txt5.92kB
02_Review_of_Part_One/08_Q-__Forward_Parity_7-20.srt10.58kB
02_Review_of_Part_One/09_Q-__Payments_CHIPS_and_Fedwire_12-20.srt17.79kB
02_Review_of_Part_One/09_Q-__Payments_CHIPS_and_Fedwire_12-20.txt10.24kB
06_Lec_16-__Foreign_Exchange/05_16-5__Economics_of_the_dealer_function_speculative_dealer_5-57.txt4.35kB
06_Lec_16-__Foreign_Exchange/06_16-6__Economics_of_the_dealer_function_matched-book_dealer_6-14.mp418.17MB
06_Lec_16-__Foreign_Exchange/06_16-6__Economics_of_the_dealer_function_matched-book_dealer_6-14.srt7.97kB
06_Lec_16-__Foreign_Exchange/07_16-7__Digression-__Why_do_UIP_and_EH_fail_9-44.mp427.66MB
06_Lec_16-__Foreign_Exchange/06_16-6__Economics_of_the_dealer_function_matched-book_dealer_6-14.txt4.64kB
06_Lec_16-__Foreign_Exchange/03_16-3__FX_dealers_under_the_gold_standard_redux_5-02.srt6.93kB
06_Lec_16-__Foreign_Exchange/02_16-2__Uncovered_interest_parity_UIP_and_the_expectations_hypothesis_of_the_term_structure_EH_2-21.srt3.51kB
06_Lec_16-__Foreign_Exchange/01_16-1__FT-_High_frequency_trading_4-40.mp411.79MB
06_Lec_16-__Foreign_Exchange/01_16-1__FT-_High_frequency_trading_4-40.txt4.23kB
06_Lec_16-__Foreign_Exchange/07_16-7__Digression-__Why_do_UIP_and_EH_fail_9-44.srt16.66kB
06_Lec_16-__Foreign_Exchange/02_16-2__Uncovered_interest_parity_UIP_and_the_expectations_hypothesis_of_the_term_structure_EH_2-21.mp44.60MB
06_Lec_16-__Foreign_Exchange/02_16-2__Uncovered_interest_parity_UIP_and_the_expectations_hypothesis_of_the_term_structure_EH_2-21.txt2.19kB
06_Lec_16-__Foreign_Exchange/01_16-1__FT-_High_frequency_trading_4-40.srt6.97kB
06_Lec_16-__Foreign_Exchange/03_16-3__FX_dealers_under_the_gold_standard_redux_5-02.mp412.63MB
06_Lec_16-__Foreign_Exchange/09_16-9__Reading-__McCauley_on_internationalization_of_renminbi_12-28.mp429.34MB
06_Lec_16-__Foreign_Exchange/04_16-4__Private_FX_dealing_system_10-40.srt14.88kB
06_Lec_16-__Foreign_Exchange/04_16-4__Private_FX_dealing_system_10-40.mp428.62MB
06_Lec_16-__Foreign_Exchange/07_16-7__Digression-__Why_do_UIP_and_EH_fail_9-44.txt9.63kB
06_Lec_16-__Foreign_Exchange/05_16-5__Economics_of_the_dealer_function_speculative_dealer_5-57.mp416.61MB
06_Lec_16-__Foreign_Exchange/05_16-5__Economics_of_the_dealer_function_speculative_dealer_5-57.srt7.78kB
06_Lec_16-__Foreign_Exchange/03_16-3__FX_dealers_under_the_gold_standard_redux_5-02.txt4.05kB
06_Lec_16-__Foreign_Exchange/04_16-4__Private_FX_dealing_system_10-40.txt8.48kB
06_Lec_16-__Foreign_Exchange/09_16-9__Reading-__McCauley_on_internationalization_of_renminbi_12-28.txt8.85kB
06_Lec_16-__Foreign_Exchange/08_16-8__Central_bank_as_FX_dealer_of_last_resort_16-08.srt21.65kB
06_Lec_16-__Foreign_Exchange/08_16-8__Central_bank_as_FX_dealer_of_last_resort_16-08.mp445.04MB
06_Lec_16-__Foreign_Exchange/08_16-8__Central_bank_as_FX_dealer_of_last_resort_16-08.txt12.28kB
06_Lec_16-__Foreign_Exchange/09_16-9__Reading-__McCauley_on_internationalization_of_renminbi_12-28.srt15.04kB
09_Lec_19-__Interest_Rate_Swaps/08_19-8__Life_in_Arbitrage_Land_5-03.srt7.70kB
09_Lec_19-__Interest_Rate_Swaps/08_19-8__Life_in_Arbitrage_Land_5-03.mp412.26MB
09_Lec_19-__Interest_Rate_Swaps/07_19-7__Money_market_swaps_example_5-56.txt4.13kB
09_Lec_19-__Interest_Rate_Swaps/07_19-7__Money_market_swaps_example_5-56.mp412.79MB
09_Lec_19-__Interest_Rate_Swaps/08_19-8__Life_in_Arbitrage_Land_5-03.txt4.52kB
09_Lec_19-__Interest_Rate_Swaps/06_19-6__Market_making_in_swaps_8-41.txt7.40kB
09_Lec_19-__Interest_Rate_Swaps/07_19-7__Money_market_swaps_example_5-56.srt6.80kB
09_Lec_19-__Interest_Rate_Swaps/05_19-5__Why_swap_An_example_from_Stigum_10-36.txt7.57kB
09_Lec_19-__Interest_Rate_Swaps/01_19-1__FT-_Sovereign_debt_crises_3-20.mp46.56MB
09_Lec_19-__Interest_Rate_Swaps/01_19-1__FT-_Sovereign_debt_crises_3-20.srt4.81kB
09_Lec_19-__Interest_Rate_Swaps/01_19-1__FT-_Sovereign_debt_crises_3-20.txt2.88kB
09_Lec_19-__Interest_Rate_Swaps/06_19-6__Market_making_in_swaps_8-41.srt12.89kB
09_Lec_19-__Interest_Rate_Swaps/06_19-6__Market_making_in_swaps_8-41.mp419.44MB
09_Lec_19-__Interest_Rate_Swaps/04_19-4__What_is_a_swap_2-58.txt2.87kB
09_Lec_19-__Interest_Rate_Swaps/05_19-5__Why_swap_An_example_from_Stigum_10-36.mp422.25MB
09_Lec_19-__Interest_Rate_Swaps/05_19-5__Why_swap_An_example_from_Stigum_10-36.srt13.24kB
09_Lec_19-__Interest_Rate_Swaps/02_19-2__Reading-__FOMC_Report_1952_7-39.mp416.64MB
09_Lec_19-__Interest_Rate_Swaps/02_19-2__Reading-__FOMC_Report_1952_7-39.srt13.30kB
09_Lec_19-__Interest_Rate_Swaps/04_19-4__What_is_a_swap_2-58.srt4.76kB
09_Lec_19-__Interest_Rate_Swaps/09_19-9__Treasury-swap_spread_liquidity_risk_or_counterparty_risk_7-20.txt5.93kB
09_Lec_19-__Interest_Rate_Swaps/09_19-9__Treasury-swap_spread_liquidity_risk_or_counterparty_risk_7-20.srt10.02kB
09_Lec_19-__Interest_Rate_Swaps/04_19-4__What_is_a_swap_2-58.mp411.24MB
09_Lec_19-__Interest_Rate_Swaps/03_19-3__Treasury-swap_spread_a_puzzle_11-03.txt8.33kB
09_Lec_19-__Interest_Rate_Swaps/02_19-2__Reading-__FOMC_Report_1952_7-39.txt7.94kB
09_Lec_19-__Interest_Rate_Swaps/03_19-3__Treasury-swap_spread_a_puzzle_11-03.mp423.08MB
09_Lec_19-__Interest_Rate_Swaps/03_19-3__Treasury-swap_spread_a_puzzle_11-03.srt14.66kB
09_Lec_19-__Interest_Rate_Swaps/09_19-9__Treasury-swap_spread_liquidity_risk_or_counterparty_risk_7-20.mp417.01MB
08_Lec_18-__Forwards_and_Futures/03_18-3_Forwards_versus_futures_13-40.txt10.97kB
08_Lec_18-__Forwards_and_Futures/05_18-5__Futures_contracts_fluctuations_in_value_and_daily_cash_flows_6-06.txt4.35kB
08_Lec_18-__Forwards_and_Futures/06_18-6__Cash_and_carry_arbitrage_defined_7-27.mp415.56MB
08_Lec_18-__Forwards_and_Futures/06_18-6__Cash_and_carry_arbitrage_defined_7-27.srt9.52kB
08_Lec_18-__Forwards_and_Futures/05_18-5__Futures_contracts_fluctuations_in_value_and_daily_cash_flows_6-06.srt7.92kB
08_Lec_18-__Forwards_and_Futures/05_18-5__Futures_contracts_fluctuations_in_value_and_daily_cash_flows_6-06.mp413.29MB
08_Lec_18-__Forwards_and_Futures/04_18-4__Forward_contracts_fluctuations_in_value_and_final_cash_flow_14-06.mp429.52MB
08_Lec_18-__Forwards_and_Futures/04_18-4__Forward_contracts_fluctuations_in_value_and_final_cash_flow_14-06.srt18.83kB
08_Lec_18-__Forwards_and_Futures/04_18-4__Forward_contracts_fluctuations_in_value_and_final_cash_flow_14-06.txt10.78kB
08_Lec_18-__Forwards_and_Futures/06_18-6__Cash_and_carry_arbitrage_defined_7-27.txt5.19kB
08_Lec_18-__Forwards_and_Futures/07_18-7__Cash_and_carry_arbitrage_explained_as_liquidity_risk_5-25.mp411.54MB
08_Lec_18-__Forwards_and_Futures/08_18-8__Cash_and_carry_arbitrage_explained_as_counterparty_risk_2-48.txt2.68kB
08_Lec_18-__Forwards_and_Futures/09_18-9__Cash_and_carry_arbitrage_as_a_natural_banking_business_3-21.mp47.67MB
08_Lec_18-__Forwards_and_Futures/09_18-9__Cash_and_carry_arbitrage_as_a_natural_banking_business_3-21.srt5.88kB
08_Lec_18-__Forwards_and_Futures/08_18-8__Cash_and_carry_arbitrage_explained_as_counterparty_risk_2-48.srt4.37kB
08_Lec_18-__Forwards_and_Futures/08_18-8__Cash_and_carry_arbitrage_explained_as_counterparty_risk_2-48.mp46.20MB
08_Lec_18-__Forwards_and_Futures/07_18-7__Cash_and_carry_arbitrage_explained_as_liquidity_risk_5-25.srt6.87kB
08_Lec_18-__Forwards_and_Futures/07_18-7__Cash_and_carry_arbitrage_explained_as_liquidity_risk_5-25.txt4.03kB
08_Lec_18-__Forwards_and_Futures/09_18-9__Cash_and_carry_arbitrage_as_a_natural_banking_business_3-21.txt3.44kB
10_Lec_20-__Credit_Default_Swaps/07_20-7__Market_making_in_CDS_4-02.txt2.80kB
08_Lec_18-__Forwards_and_Futures/03_18-3_Forwards_versus_futures_13-40.srt19.33kB
10_Lec_20-__Credit_Default_Swaps/08_20-8__Example-__Negative_basis_trade_and_Liquidity_Risk_10-19.mp424.85MB
10_Lec_20-__Credit_Default_Swaps/07_20-7__Market_making_in_CDS_4-02.srt4.90kB
10_Lec_20-__Credit_Default_Swaps/07_20-7__Market_making_in_CDS_4-02.mp49.94MB
10_Lec_20-__Credit_Default_Swaps/06_20-6__CDS_pricing_11-23.srt14.41kB
10_Lec_20-__Credit_Default_Swaps/06_20-6__CDS_pricing_11-23.txt8.26kB
10_Lec_20-__Credit_Default_Swaps/08_20-8__Example-__Negative_basis_trade_and_Liquidity_Risk_10-19.srt14.67kB
10_Lec_20-__Credit_Default_Swaps/08_20-8__Example-__Negative_basis_trade_and_Liquidity_Risk_10-19.txt8.51kB
10_Lec_20-__Credit_Default_Swaps/10_20-10__Example-_Synthetic_CDO_as_Collateral_Prepayment_6-42.srt8.43kB
10_Lec_20-__Credit_Default_Swaps/10_20-10__Example-_Synthetic_CDO_as_Collateral_Prepayment_6-42.txt4.86kB
10_Lec_20-__Credit_Default_Swaps/10_20-10__Example-_Synthetic_CDO_as_Collateral_Prepayment_6-42.mp416.76MB
10_Lec_20-__Credit_Default_Swaps/09_20-9__Example-_Private_backstop_of_marketmaking_in_CDS_15-14.txt12.62kB
10_Lec_20-__Credit_Default_Swaps/09_20-9__Example-_Private_backstop_of_marketmaking_in_CDS_15-14.mp435.67MB
10_Lec_20-__Credit_Default_Swaps/09_20-9__Example-_Private_backstop_of_marketmaking_in_CDS_15-14.srt21.89kB
10_Lec_20-__Credit_Default_Swaps/06_20-6__CDS_pricing_11-23.mp428.61MB
10_Lec_20-__Credit_Default_Swaps/05_20-5__Corporate_bonds_3-42.txt2.97kB
10_Lec_20-__Credit_Default_Swaps/02_20-2__Credit_indices_3-39.txt3.37kB
10_Lec_20-__Credit_Default_Swaps/03_20-3__Fischer_Black_1970_risk-free_security_2-13.mp44.08MB
10_Lec_20-__Credit_Default_Swaps/02_20-2__Credit_indices_3-39.srt5.54kB
10_Lec_20-__Credit_Default_Swaps/02_20-2__Credit_indices_3-39.mp412.56MB
10_Lec_20-__Credit_Default_Swaps/01_20-1__FT-_Internationalization_of_the_Euro_5-06.srt8.11kB
10_Lec_20-__Credit_Default_Swaps/01_20-1__FT-_Internationalization_of_the_Euro_5-06.txt4.89kB
10_Lec_20-__Credit_Default_Swaps/03_20-3__Fischer_Black_1970_risk-free_security_2-13.srt2.60kB
10_Lec_20-__Credit_Default_Swaps/03_20-3__Fischer_Black_1970_risk-free_security_2-13.txt1.49kB
10_Lec_20-__Credit_Default_Swaps/05_20-5__Corporate_bonds_3-42.mp49.16MB
10_Lec_20-__Credit_Default_Swaps/05_20-5__Corporate_bonds_3-42.srt5.27kB
10_Lec_20-__Credit_Default_Swaps/04_20-4__What_is_a_Credit_Default_Swap_CDS_6-02.txt4.29kB
10_Lec_20-__Credit_Default_Swaps/04_20-4__What_is_a_Credit_Default_Swap_CDS_6-02.srt7.48kB
10_Lec_20-__Credit_Default_Swaps/04_20-4__What_is_a_Credit_Default_Swap_CDS_6-02.mp412.81MB
10_Lec_20-__Credit_Default_Swaps/01_20-1__FT-_Internationalization_of_the_Euro_5-06.mp411.29MB
08_Lec_18-__Forwards_and_Futures/02_18-2__Banking_as_advance_clearing_5-54.mp413.05MB
08_Lec_18-__Forwards_and_Futures/01_18-1__FT-_Argentina_in_court_to_fight_debt_ruling_4-55.txt4.53kB
08_Lec_18-__Forwards_and_Futures/01_18-1__FT-_Argentina_in_court_to_fight_debt_ruling_4-55.srt7.65kB
08_Lec_18-__Forwards_and_Futures/03_18-3_Forwards_versus_futures_13-40.mp427.89MB
08_Lec_18-__Forwards_and_Futures/01_18-1__FT-_Argentina_in_court_to_fight_debt_ruling_4-55.mp411.61MB
08_Lec_18-__Forwards_and_Futures/02_18-2__Banking_as_advance_clearing_5-54.srt8.57kB
08_Lec_18-__Forwards_and_Futures/02_18-2__Banking_as_advance_clearing_5-54.txt5.11kB
05_Lec_15-__Banks_and_Global_Liquidity/05_15-5__Bank_of_England_defense_against_external_drain_12-07.mp430.77MB
05_Lec_15-__Banks_and_Global_Liquidity/04_15-4__Central_banking_defense_of_domestic_exchange_8-42.srt12.71kB
05_Lec_15-__Banks_and_Global_Liquidity/05_15-5__Bank_of_England_defense_against_external_drain_12-07.srt16.50kB
05_Lec_15-__Banks_and_Global_Liquidity/04_15-4__Central_banking_defense_of_domestic_exchange_8-42.txt7.63kB
05_Lec_15-__Banks_and_Global_Liquidity/06_15-6__Toward_a_theory_of_exchange_without_the_gold_standard_9-36.mp423.50MB
05_Lec_15-__Banks_and_Global_Liquidity/04_15-4__Central_banking_defense_of_domestic_exchange_8-42.mp422.43MB
Too many files! Click here to view them all.
Type: Course
Tags:

Bibtex:
@article{,
title= {Coursera - Economics of Money and Banking Part Two},
keywords= {},
journal= {},
author= {Perry G Mehrling (Columbia University)},
year= {},
url= {},
license= {},
abstract= {The last three or four decades have seen a remarkable evolution in the institutions that comprise the modern monetary system. The financial crisis of 2007-2009 is a wakeup call that we need a similar evolution in the analytical apparatus and theories that we use to understand that system. Produced and sponsored by the Institute for New Economic Thinking, this course is an attempt to begin the process of new economic thinking by reviving and updating some forgotten traditions in monetary thought that have become newly relevant.




Three features of the new system are central.

Most important, the intertwining of previously separate capital markets and money markets has produced a system with new dynamics as well as new vulnerabilities. The financial crisis revealed those vulnerabilities for all to see. The result was two years of desperate innovation by central banking authorities as they tried first this, and then that, in an effort to stem the collapse.

Second, the global character of the crisis has revealed the global character of the system, which is something new in postwar history but not at all new from a longer time perspective. Central bank cooperation was key to stemming the collapse, and the details of that cooperation hint at the outlines of an emerging new international monetary order.

Third, absolutely central to the crisis was the operation of key derivative contracts, most importantly credit default swaps and foreign exchange swaps. Modern money cannot be understood separately from modern finance, nor can modern monetary theory be constructed separately from modern financial theory. That's the reason this course places dealers, in both capital markets and money markets, at the very center of the picture, as profit-seeking suppliers of market liquidity to the new system of market-based credit.

},
superseded= {},
terms= {}
}