Course Detail
Course Components:
Enrollment Information
Enrollment Requirement:
Prerequisites: PhD Standing.
Surveys the empirical asset pricing literature over approximately the last 20 years, with a special emphasis on the latest results and controversies from the literature. Topics covered include the capital asset pricing model, the arbitrage pricing theory and other characteristic-based asset pricing models. Particular attention will be given to the debate between risk and mispricing. Students will be required to give regular presentations of the covered research papers as well as be required to start an original research paper.