Seminar, VL Number: 34232

Lecturer
Leandro Navarro

Level
Master (advanced bachelor students can also participate).

Introductory meeting
October 24th, 2024 at 14hs, room S68

Seminar description
The seminar introduces students to advanced theoretical models that analyse the different topics in international macroeconomics and international finance.

The topics covered by the list of papers below include:

• Global imbalances and external adjustments,
• Sudden stop crises,
• Sovereign risk and sovereign debt maturity, sovereign dept defaults,
• Inflation transmission through international input-output linkages,
• Nominal and real regidities, price stickiness and effects of monetary policy,
• Business cycles,
• Financial frictions and volatility.

The seminar is targeted to master students. Advanced bachelor students are also welcome to participate. For the latter, it is recommended to take the bachelor’s International Finance course before attending to the seminar.

Seminar requirements

Successful participation in the seminar requires:

• Writing a term paper. The term paper must be based on one paper,
  which is assigned to you from the list below, and at least one additional related paper (theoretical or empirical) selected by you from outside the list.
  - Master students: minimum 12 pages and maximum of 15 pages (including appendix)
  - Bachelor students: minimum 10 pages and maximum of 12 pages (including appendix)
• Presenting your work in the seminar (20 minutes presentation).
• Moderating the discussion of one of the other presentations (up to 10 minutes discussion). The moderation includes the preparation of 3 questions to be addressed to the author of the paper assigned to you. The discussed term paper will be made available to you at least one week before the seminar.

The seminar’s final grade is defined by:

• 45% of the term paper grade.
• 40% of the presentation grade.
• 15% of the moderation and discussion grade.

​​In order to pass the seminar, student must obtain at least a 4.0 in each component of the grade. Failing in one of them implies failing the seminar.

Organisation and Registration to the seminar
The seminar is scheduled to take place in person. In the introductory meeting, we will discuss further organisational issues including formal requirements of the term paper and presentation. It is mandatory that students attend the introductory meeting.

• Registration: Students who want to participate in the seminar must send an email to leandro.navarro@uni-bayreuth.de at the latest 23/10/24.
  - The maximum number of participants is 15. Therefore, if the number of students exceeds the capacity, the places are assigned based on a "first come first serve" rule.
  - Later registration is NOT possible.
  - Students must also enroll for the exam on CMlife (check the website for deadline). The exam will take place in the form of a presentation and a seminar paper.
  
• Introductory meeting: 24/10/2024, 14hs (room: S68).
  
• Paper selection: Each student can pre-select three papers of your preference from the List of Papers. If possiple, one of them will be assigned.
  - Deadline for pre-selection of papers: 11/11/2024 at 2pm.
  - Communication of assigned papers (by email): 13/11/2024
  
• Term-paper: The term paper must be submitted before 03/02/2025 at 2pm by TurnitIn and by email to leandro.navarro@uni-bayreuth.de.
• Presentations: 20/02/2025 from 10am to 4pm (room: S68). It is mandatory that all seminar participants attend to all the presentations. Presentations must be send by email at the latest on 19/02/2025 at 2pm.