Ely Lectures by John Geanakoplos: Collateral and default: Booms and busts

The Department of Economics hosts John Geanakoplos, from Yale, who will give four lectures in our Richard Ely Distinguished Lecture series, 3:30 to 5 p.m., March 9–12. The title of the series is Collateral and Default: Booms and Busts. John Geanakoplos is one of the leading experts on financial crises and has been prominent in both academic circles and the broader debate on financial regulation. The first lecture is of a general nature and explains one of the key mechanisms behind the recent financial crisis to a campuswide audience.

The schedule and topics of the four lectures are as follows:

Lecture 1: Leverage, Default, and Forgiveness
Monday, March 9, 3:30 to 5 p.m., Mergenthaler 111

Lecture 2: Collateral Equilibrium, Endogenous Leverage, and the Credit Surface
Tuesday, March 10, 3:30 to 5 p.m., Mergenthaler 111

Lecture 3: The Leverage Cycle
Wednesday, March 11, 3:30 to 5 p.m., Mergenthaler 111

Lecture 4: Financial Innovations and the Macroeconomy: Tranching, CDS, and Credit Cards
Thursday, March 12, 3:30 to 5 p.m., Krieger 205

For further details, click here.

A poster is available here.