This course is designed to introduce you to the frontiers of research in financial economics. We will mainly focus on theoretical research in the areas of financial frictions, crises, liquidity, bubbles,financial intermediation, and banking. The course will contain a mix of lectures and paper
discussions. A firm background in microeconomics is required.
Your letter grade will be assigned according to departmental guidelines and will depend on the homework and exam scores in the following way:
Midterm exam 20%
Final exam 30%
Referee reports 15%
Course level: This is a PhD level course open to MA Economics students