This is an advanced course covering a variety of special topics. These topics should include:
Understanding financial crises and the role of banks; Investor sentiment, anomalies, and market efficiency; The money management business and the inherent limitations of professional arbitrage; The role of cross-country institutional differences in explaining differences in financial markets and access to finance; Finance and rent-seeking: Are financial people overpaid?; Implications of asset price volatility for corporate finance, including merger waves and financial innovation.
Bus 35000 and 35200 or equivalent.
Selected readings.
Based on class participation, a short paper, and a longer final paper.
- No pass/fail grades
- No auditors
Description and/or course criteria last updated: August 04 2023
