Laboratory "the Securitization Process and the Us Housing Market Before the Great Financial Crisis"
A.Y. 2019/2020
Learning objectives
The goal of this modulo is to enable the student to understand the dynamics of the real estate market and the securitization process.
Expected learning outcomes
At the end of the module, the student will have understood the functioning of the securitization process, the redistribution of the risk inside this process and its connection with the evolution of the real estate market.
Lesson period: Third trimester
Assessment methods: Giudizio di approvazione
Assessment result: superato/non superato
Single course
This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.
Course syllabus and organization
Single session
Lesson period
Third trimester
Course syllabus
1. The US housing market
2. The mortgage market
3. The securitization process
4. Monetary policy and financial sytem
2. The mortgage market
3. The securitization process
4. Monetary policy and financial sytem
Prerequisites for admission
Macroeconomics and Political Economy
Teaching methods
traditional lectures and interactive presentation of the required readings.
Teaching Resources
A complete list of lectures will be provided at the beginning of the course. For an introduction to the themes of the laboratory, you can read the seventh chapter of a book written on the US financial crisis. (Giorgio Pizzutto, The Us financial system and its crisis , ch.7 Monetary policy, spread compression and the financial market.
Palgrave 2019.
Palgrave 2019.
Assessment methods and Criteria
Grades for the course will be based on a combination of homework, in class presentation and a final written exam.
SECS-P/02 - ECONOMIC POLICY - University credits: 3
Laboratory activity: 20 hours
Professor:
Pizzutto Giorgio Andrea
Shifts:
-
Professor:
Pizzutto Giorgio Andrea