Financial Economics II

PREREQUISITE: PHD CORE COURES (G31.1021, 1022, 1023, 1024, 1025, 1026, 2100, 2101, 2102 & 2103)

Gives Ph.D. students an advanced survey of the field of financial economics and introduces them to some topics at the frontier of current research in financial economics. Discusses capital budgeting, capital structure, dividends, market for corporate control, bankruptcy and workouts, taxes, risk management, real options, signaling, general equilibrium approach to asset markets, microeconomics of banking, product market interactions, financial innovation, and comparative financial systems.