Template-Type: ReDIF-Paper 1.0
Author-Name:  Jonathan E. Alevy
Author-Name-First: Jonathan 
Middle Name: Eliot
Author-Name-Last: Alevy
Author-Person: pal198
Author-Email:  jalevy@uaa.alaska.edu 
Author-Workplace-Name: Department of Economics, University of Alaska Anchorage 
Author-Name:  Paul Ronald Johnson
Author-Name-First: Paul
Middle Name: Ronald
Author-Name-Last: Johnson
Author-Person: pjo269 
Author-Email: prjohnson@uaa.alaska.edu 
Author-Workplace-Name: Department of Economics, University of Alaska Anchorage 
Title:  A Classroom Financal Market Experiment 
Abstract: This computerized web experiment immerses students in an environment where they are in
the role of bank managers, complementing existing experiments in which they act as
depositors. The experiment is programmed to run on a variety of devices, including student’s
phones and is suitable for use in intermediate macroeconomics or money and banking
courses. Students learn the basic elements of bank balance sheets, the tradeoffs a bank makes
when it hedges against liquidity risk, and the macroeconomic implications of the network
aspects of the banking system. Key parameters are chosen by the instructor, and all results
are saved as a spreadsheet data file. Early trials show that a team's performance is positively
correlated with its success in managing interbank deposits. 
Creation-date: 2013-08 
File-URL: http://www.econpapers.uaa.alaska.edu/RePEC/ala/wpaper/ALA201301.pdf
File-Format: Application/pdf
Classification-JEL: A22, C92, E32, E44, G21
Keywords: asset pricing, laboratory experiments, advice
Number: 2013-01
Handle: RePEc:ala:wpaper:2013-01