ECO 528SEM - Empir Mtds Finan Eco

This course focuses on empirical aspects of financial economics. Students will learn how to use econometrics creatively to generate stylized factors or test the implication offered by economic theories. Today¿s capital markets are becoming increasingly sophisticated and involved with many important economic problems, such as the allocation of resources, economic stability, and growth under uncertainty. The following topics will be covered: stock and bond returns predictability, stochastic volatility, estimation for option prices, computing and estimating term structures of interest rates, volatility, and credit risks. Suggested Pre-requisites: ECO 526, ECO 527, ECO 580, ECO 581, ECO 592

Credits: 3

Requisites: Pre-Requisite: ECO 580 or ECO 581