Seminar Advanced Monetary Theory and Policy

Master in Economics

Winter Term 2020/2021

Economic Implications of Extremely Long-Term Time Series

Selection of topics

Real Interest Rates since the 14^th Century (Schmelzing)
From Poverty to Prosperity: The Development of Real GDP since 1800 (Maddison)
Development of Commodity Prices since 1850 (Jacks)
Stock Prices since 1880 (Shiller)

Organization

Each seminar participant has to choose one topic from the selection above. Credit points are granted for preparing a term paper and presenting the results in form of a power point presentation. Students are expected to rely on academic articles and to present the findings contained therein.
Topics will be assigned to students on a first-come, first-served basis. Students should send an e-mail to martin.bohl@wiwi.uni-muenster.de with a shortlist of three preferred topics.
Each student has to prepare and submit a term paper comprising at least 15 pages. The term paper is supposed to contain a cover page, a table of contents, a reference list (bibliography) and – where applicable – an appendix. There are no style requirements, however, margins, font size, spacing and so forth should be chosen appropriately. Deadline for paper submission is October 12, 2020. Please, send a PDF-version to martin.bohl@wiwi.uni-muenster.de.
Each student needs to prepare his/her own seminar paper and a power point presentation. The presentation is supposed to last about 20 minutes and should be send not later than October 18, 2020 to martin.bohl@wiwi.uni-muenster.de.
The seminar will take place in the form of a Zoom conference on October 19, 2020 (9:00 - 12:00 a.m.).
The final grade is based on the term paper (80%) and on the presentation/participation during the seminar (20%). Please be aware that enrollment for the class should be carried out at the examination office (Prüfungsamt) for the early deadline of the winter term 2020/2021 (vorgezogener Termin).
6 Credit points can be obtained for this class (Master, PO 2015). Course language is English only.
Topics will be supervised by Prof. Dr. Bohl. Students should send the outline and structure of the term paper before-hand via e-mail to martin.bohl@wiwi.uni-muenster.de so that the contents can be discussed.