Master VWL Winter 2019/20  

Alternative Currency Systems

Lecturer: Prof. Dr. Gunther Schnabl
Tutor: David Herok
Date: 13./14.01.2020, 27.01.2020
Room: I411
Language: English
To be graded: Term paper
Deadline term paper: February 29, 2020

Modul: International Economics 07-202-1102
This seminar is one option (out of three) for the seminar of the module International Economics.
Guidelines for the term paper can be found here.

Introduction and Term Paper Selection

There will be an introduction to the seminar on Tuesday, October 15, at 11:15 in Room SR 6. Students will receive general information about term paper topics (see list below), deadlines and the course of the seminar. Recommendations and guidelines for writing scientific papers are also given.

Seminar introduction Slides

Seminar Topics

1. Historical Lessons from Free Banking
2. The Classical Gold Standard
3. The Bretton Woods System
4. Commodity Money and Fiscal Discipline
5. Rule-Based vs. Discretionary Monetary Policy
6. Independent Monetary Policy and Fiscal Discipline
7. Lessons for Monetary Policy from the Stagflation of the 1970s
8. The Deficiencies of Inflation Targeting
9. Beyond Inflation Targeting: Nominal GDP Targeting
10. Beyond Inflation Targeting: Leaning Against the Wind in the Financial Cycle
11. Lessons from the Dollarization in Ecuador
12. Currency Crises in Argentina - Policy Options
13. Currency Competition vs. Central Bank Monopoly
14. The Rise of Cryptocurrencies - A Challenge for Central Banks?
15. Centralized vs. Decentralized Money in the Context of Digital Currencies

letzte Änderung: 15.10.2019