Continuous-Time Asset Pricing
New Title/Description for Fall 2019 -
Course title: Trading and Price Information
Course description: A vibrant research (variously labeled as Financial Markets, Information Economics and Markets, or, more narrowly, Market Microstructure) analyzes, both theoretically and empirically, the impact of important (yet often ignored) trading frictions on the process of price formation in domestic and international financial markets (for equity, government and corporate bonds, currency, and real estate, among others). The main goal of this Ph.D. course is to motivate students to pursue theoretical and empirical research in this exciting area of Financial Economics.