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Lecture Notes

LEC # TOPICS
1 Introduction (PDF)
2 Collateral and amplification (PDF)
3 The credit crunch (PDF)
4 Runs, panics, and contagion (This resource may not render correctly in a screen reader.PDF)
5 Bubbles (PDF)
6 Capital flows and sudden stops (PDF)
7 Appreciations and overvaluations (PDF)
8 The liquidity trap (PDF)