A series of regular Studia Monetaria lectures, held at the Bank of Finland Museum, will continue in the autumn of 2011. The lectures deal with the Bank of Finland's and the Financial Supervisory Authority's (FIN-FSA) operational sectors and history. The lectures will be given by leading experts in the respective fields, many of whom work at the Bank of Finland and FIN-FSA. The lectures are intended for the general public and participation does not require any particular background knowledge.
The lectures are open to everyone and are free of charge. All of them will be in Finnish and be held on Tuesdays 5.30–7.00 pm at the Bank of Finland Museum, Snellmaninkatu 2, Helsinki.
4.10.
Inflation, deflation, foreign exchange rates and interest rates – the basics of the monetary economy, part I
The characteristics and statistical concepts of money. Monetary and exchange rate systems.
Inflation, deflation, foreign exchange rates and interest rates – the basics of the monetary economy, part I
The characteristics and statistical concepts of money. Monetary and exchange rate systems.
Why is inflation a hindrance? Is deflation an even more problematic monster? Short and long-term interest rates. Real interest rates. The connection between foreign exchange rates and interest rates. The tasks of the central bank and the basics of money. Money supply and the money multiplier process. Taxation on money.
Hanna Freystätter, Economist, Bank of Finland
Hanna Freystätter, Economist, Bank of Finland
25.10.
What should a customer know when taking out life insurance?
The difference between pure risk life insurance and life insurance savings (or endowment) policies. What factors should be considered when taking life insurance? The difference between pure risk life insurance and loan insurance policies.
Päivi Turunen, Market Supervisor, Financial Supervisory Authority
What should a customer know when taking out life insurance?
The difference between pure risk life insurance and life insurance savings (or endowment) policies. What factors should be considered when taking life insurance? The difference between pure risk life insurance and loan insurance policies.
Päivi Turunen, Market Supervisor, Financial Supervisory Authority
1.11.
Central banking operational risks during a financial crisis
Pentti Hakkarainen, Deputy Governor, Bank of Finland
Central banking operational risks during a financial crisis
Pentti Hakkarainen, Deputy Governor, Bank of Finland
8.11.
The financial markets' situation and the Eurosystem
What has been done and why?
Tuomas Välimäki, Head of Market Operations unit, Banking Operations, Bank of Finland
The financial markets' situation and the Eurosystem
What has been done and why?
Tuomas Välimäki, Head of Market Operations unit, Banking Operations, Bank of Finland
15.11.
What is Finland's housing loan market like and how can households manage their loan risks?
The housing loan market in Finland. What are a consumer's most typical risks when taking a loan? How can the loan repayment problems be avoided, and how can the problems arising from a reduction in collateral values be prevented?
Jukka Vesala, Deputy Director General and Peter Palmroos, Researcher, Financial Supervisory Authority
What is Finland's housing loan market like and how can households manage their loan risks?
The housing loan market in Finland. What are a consumer's most typical risks when taking a loan? How can the loan repayment problems be avoided, and how can the problems arising from a reduction in collateral values be prevented?
Jukka Vesala, Deputy Director General and Peter Palmroos, Researcher, Financial Supervisory Authority
22.11.
Bank tax – what is it and where is it needed?
Kimmo Virolainen, Head of Financial Stability and Statistics, Bank of Finland
Bank tax – what is it and where is it needed?
Kimmo Virolainen, Head of Financial Stability and Statistics, Bank of Finland
29.11.
Financial markets Banks and other financial institutions and stock exchange activities – the basics of the monetary economy, II
Financial markets Banks and other financial institutions and stock exchange activities – the basics of the monetary economy, II
Financial markets' functions and structure Loan financing and market financing. Debt and shares. Primary and secondary markets. Various financial institutions. Why should banks and insurance companies be supervised?
Jarmo Pesola, Economist, Bank of Finland
Jarmo Pesola, Economist, Bank of Finland
For further information, contact Jaakko Koskentola, Curator of the Bank of Finland Museum, tel. 010 19 5702.