EC631 (Spring 2012) Seminar in International Finance

Syllabus

Lectures

Lecture 1 

Lecture 2

Lecture 3

Lecture 4 (Sheffrin and Woo, JIE 1990)

Lecture 5 (Fama, JME 1984)

Lecture 6

Lecture 7 (Mark, JME 1985) (Backus et.al, JF 2001) (Wu, JMCB 2007)

Supplemental materials of the term structure models of the interest rates (Hand-written notes) 

Some references:

Asset Pricing, by John Cochrane, Chapter 19.

Nelson and Siegel, JB 1987

Chen and Tsang, RESTAT forthcoming

Duffee, RFS 2011

Hamilton and Wu, J of Econometrics forthcoming

Lecture 8

Lecture 9

Lecture 10

Lecture 11 (Mark, AER 1995)

Lecture 12 (Eichenbaum and Evans, QJE 1995) (Meese and Rogoff, JIE 1983)

Supplemental materials of State-space model and Kalman filter

Homeworks

Homework #1 (Dataset)  

Homework #2 (Dataset)

 

Presentations (Spring 2012)

Preliminary presentations:

Session 1 (2/28):

Medina, Juan: Monetary policy, foreign exchange intervention, and the exchange rate in a unifying framework, by S. Kim.

Otto, Daniel: Current account and budget deficits: twins or distant cousins?, by W. Enders and B. Lee.

Session 2 (3/1):

Patton, Michaela: How wide is the border? by C. Engel and H. Rogers.

Stone, Anna-Leigh: Global versus country-specific productivity shocks and the current account, by R. Glick and K. Rogoff.

Mann, Chris: Accounting for real and nominal exchange rate movements in the post-Bretton Woods period, by W. Enders and B. Lee.

 

Final presentations:

Session 1 (4/12): 

Stone, Anna-Leigh: Global versus country-specific productivity shocks and the current account, by R. Glick and K. Rogoff.

Discussant: Mann

 

Session 2 (4/17):

Medina, Juan: Monetary policy, foreign exchange intervention, and the exchange rate in a unifying framework, by S. Kim.

Discussant: Otto

 

Session 3 (4/19): 

Otto, Daniel: Current account and budget deficits: twins or distant cousins?, by W. Enders and B. Lee.

Discussant: Patton

 

Session 4 (4/24): 

Patton, Michaela: How wide is the border? by C. Engel and H. Rogers.

Discussant: Stone

 

Session 5 (4/26):

Mann, Chris: Accounting for real and nominal exchange rate movements in the post-Bretton Woods period, by W. Enders and B. Lee.

Discussant: Medina