The course develops the tools used in empirical research in financial economics. Coverage may include: discrete choice models, duration models, instrumental variables, differences-in-differences, regression discontinuity, propensity score estimators, sample selection models and cumulative abnormal return calculation. Topics are drawn from: ownership structure, mergers and acquisitions, capital structure, payout policy, CEOs’ effect on the firm, executive compensation, insider trading, shareholder activism, and bank financing. Note: hands-on analysis of real-world data using computer programs is a course requirement. The course is open to all students who meet the prerequisites and necessary support for applicable software is provided.
The course develops the tools used in empirical research in financial economics. Coverage may include: discrete choice models, duration models, instrumental variables, differences-in-differences, regression discontinuity, propensity score estimators, sample selection models and cumulative abnormal return calculation. Topics are drawn from: ownership structure, mergers and acquisitions, capital structure, payout policy, CEOs’ effect on the firm, executive compensation, insider trading, shareholder activism, and bank financing. Note: hands-on analysis of real-world data using computer programs is a course requirement. The course is open to all students who meet the prerequisites and necessary support for applicable software is provided.
