Infopaket

Financial Stability and Financial Shocks

ОК2

Обов’язкова дисципліна для ОП

Second

2023/2024

1 Semester

6

PO 4. To search, process, systematize and analyze necessary information for solving professional and scientific tasks in the field of finance, banking and insurance. PO 5. To communicate using foreign language on professional and scientific issues, present and discuss research results (speaking, writing). PO 11. To apply in-depth knowledge in the field of risk management and the activities of financial institutions for decision- making. PO 17. To evaluate critically the proposed options for management decisions, develop and justify proposals for their improvement taking into account the criteria of uncertainty and rapid change, risks and possible consequences.

External form

1) knowledge of English at the level of “Intermediate”; 2) knowledge of the methods of economic statistics; 3) skills in using MS Office.

This training course highlights the essence and features of the deployment of financial shocks, the conceptual foundations of financial stability and financial soundness, defines the specifics of regulation of the financial system and its role in overcoming financial crises, reveals the peculiarities of macroprudential regulation, highlights the features of the financial crises at the global level (using the example of global financial crisis) and at the country level (for example, Ukraine), and also focuses on ways to overcome them.

1. Версаль Н. І. Фінансові шоки в банківській системі України: теорія, практика та шляхи адаптації: монографія. Київ: ЦП «Компринт», 2019. 470 с. 2. Bernanke, B. (2013) The Federal Reserve and the Financial Crisis. [edition missing]. Princeton University Press. Available at: https://www.perlego.com/book/735769/the-federal- reserve-and-the-financial-crisis-pdf (Accessed: 13 September 2021). 3. Calomiris Ch., Gorton G. The origins of banking panics, models, facts, and bank regulation. in G. Hubbard, ed.: Financial Markets and Financial Crises. Chicago, Ill.: University of Chicago Press. 1991. P. 109-174 4. Detzer D., Herr H. (2014). Theories of financial crises - an overview. Working Paper of Institute for International Political Economy. No 32/2014. 39 p. 5. Financial Soundness Indicators and the IMF. URL: https://www.imf.org/external/np/sta/fsi/eng/fsi.htm

The purpose of the course - formation of a knowledge system on the theory and practice of financial stability and the effects of financial shocks.

Knowledge and skills checking is carried out according to a modular rating system, which involves taking into account two components: the student’s work during the semester (up to 60 points) and passing the exam (up to 40 points).

English