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Demosthenes N. Tambakis
Newton Trust CTO Lecturer
Fellow of Pembroke College

Room: 92
Tel: 44-(0) 1223 335275
Email: dnt22@cam.ac.uk
Interests:Monetary policy, inflation and exchange rate dynamics

Teaching
 

Economics Tripos

Part IIB, Paper 2: Macroeconomics

        Lecture 1      Lecture 2 and L2 derivations     Lecture 3      Lecture 4

        Lecture 5 and L5 derivations      Lecture 6 and L6 derivations      Lecture
7      Lecture 8  

       
        Supervision topic 1 (Lectures 1-3)         Supervision topic 2 (Lectures 4 and 5-8)

        Financial contagion: What do we mean? What do we know? (G-24, M. Dungey and D. Tambakis 2003)
        Contagion: Macroeconomic models with multiple equilibria (P. Masson, Journal of International Money & Finance 1999 )
        Capital flows and capital market crises: The simple economic of sudden stops (G. Calvo, Journal of Applied Economics 1998)
        The U.S. Treasury market in August 1998: Untangling the effects of Hong Kong and Russia with high-frequency data (M. Dungey, C. Goodhart and D. Tambakis, International Journal of Finance and Economics 2008)
        The risks of being Chairman in the Age of Turbulence (P. De Grauwe, International Finance 2008)
        Rethinking the bright new world of global finance (P. Volcker, International Finance 2008)
        The financial accelerator and the credit channel, B. Bernanke policy speech, 15.06.2007
        Two-speed global recovery continues, O. Blanchard iMFdirect article, 28.01.2011
        This time is different: A panoramic view of eight centuries of financial crises (C. Reinhart and K. Rogoff 2009)
        
       
         
        Lecture 1      Lecture 2      Lecture 3      Lecture 4

       
Supervision topic

      EMU: The dark sides of a major success (C. Wyplosz, Economic Policy 2006)
      European unemployment (O. Blanchard, Economic Policy 2006)

      Financial integration in Europe (European Central Bank 2009)
      Britain would have fared better in the euro (P. Stevens, Financial Times 14.02.2011)

     Why the euro will rival the dollar (M. Chinn and J. Frankel, International Finance 2008)
    
Why the euro will not rival the dollar (A. Posen, International Finance 2008)


MPhil in Economics
  • M240 International Financial Contagion (Lent 2011)
  • Lecture 1

          Fundamentals, beliefs, and financial contagion (R. Chang and G. Majnoni, EER 2002)
          Financial globalization, financial crises and contagion (E. Mendoza and V. Quadrini, JME 2010)
          A rational expectations model of financial contagion (L. Kodres and M. Pritsker, JF 2002)
          The Unholy Trinity of financial contagion (G. Kaminsky, C. Reinhart and C. Vegh, in M. Dungey and D. Tambakis, Oxford UP 2005)