International Finance (PhD)
SLIDES:
Week 1:
Week 2:
Week 3:
Week 4:
Backus-Smith puzzle -- CDL(2008)
Week 5:
Uncovered Interest Parity (Fama 84, BER(2008))
Week 6:
Uncovered Interest Parity II (Chinn (2006), Engel (2016))
Week 7:
Uncovered Interest Parity -- models of time-varying risk-premia (Verdelhan(2010))
Uncovered Interest Parity -- risk-premia in the data (Burnside (2011))
Week 8:
Week 9:
Uncovered Interest Parity -- Convenience Yields (Valchev (2021))
Exchange rate Disconnect -- Itskhoki and Mukhin (2021) and Huo, Levchenko and Pandalai-Nayar (2023)
Week 10:
Exchange rate Disconnect -- Chahrour, De Leo, Cormun, Guerron and Valchev (2022)
Week 11:
International Portfolio Choice -- Intro
International Portfolio Choice -- Information Asymmetries (vNV(2009))
Week 12:
Week 13:
Dominant Currencies in Equilibrium (Chahrour and Valchev (2021))
PROBLEM SETS:
Problem Set 1 (due Oct 10) [Solutions]
Problem Set 2 (due Nov 7)
Problem Set 3 (due Dec 18)