Universität Wien

040652 VK KFK CF/FM: Advanced Empirical Finance (2012S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung

The course consist of 2 weekly hours (Monday, 12 to 14) alternatively in Lecture room 12 or in Lab 2. the attendance is compulsory.
Additional times have been booked for personal study and practise of Eviews in Lab 2, but they are not compulsory.
The attendance of Empirical Finance (winter term) or similar course is a pre-requisite for this course.

An/Abmeldung

Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").

Details

max. 50 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

  • Montag 05.03. 12:00 - 14:00 Hörsaal 12
  • Montag 19.03. 10:00 - 13:00 EDV-Labor 2
  • Montag 19.03. 13:00 - 14:00 EDV-Labor 2
  • Montag 26.03. 11:00 - 13:00 Hörsaal 12
  • Montag 16.04. 12:00 - 14:00 Hörsaal 12
  • Montag 23.04. 10:00 - 14:00 EDV-Labor 2
  • Montag 30.04. 12:00 - 14:00 Hörsaal 12
  • Montag 07.05. 10:00 - 14:00 EDV-Labor 2
  • Montag 14.05. 11:00 - 14:00 EDV-Labor 2
    Hörsaal 12
  • Montag 21.05. 11:00 - 14:00 EDV-Labor 2
  • Montag 04.06. 10:00 - 14:00 EDV-Labor 2
  • Montag 11.06. 11:00 - 14:00 EDV-Labor 2
    Hörsaal 12
  • Montag 18.06. 11:00 - 14:00 EDV-Labor 2
  • Montag 25.06. 11:00 - 14:00 Hörsaal 12

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

Topics covered in Lectures and Lab Classes:
1. Introduction: Are markets efficient?
2. Market anomalies
3. Topics in market microstructure
4. Volatility models
5. Switching models
6. Simulation methods
7. Panel data methods
8. Maximum likelihood estimation

Art der Leistungskontrolle und erlaubte Hilfsmittel

Assessment is based on periodic pieces of homework, a group empirical project that will be presented during the course and a final individual exam.

Mindestanforderungen und Beurteilungsmaßstab

This course follows the introductory course of Empirical Finance (winter term). It aims to focus more in depths on more advanced and the most recent topics in Financial Econometrics and Empirical finance, such as different estimation techniques, time series and panel data, volatility models, switching models and simulation methods

Prüfungsstoff

At alternate weeks, 2-hour lectures will be intended to provide the students with the theoretical and intuitive understanding of the econometric techniques of interests.
Then, 2-hour labs will be dedicated to hands-on computer work using the statistical software Eviews, with emphasis on the interpretation of the results.

Literatur

Main textbooks:
- Robert Sollis (2011), Empirical Finance for finance and banking, Wiley (selected chapters),
- Chris Brooks, (2008), Introductory Econometrics for Finance, Cambridge University Press (selected chapters)
- Stephen J. Taylor (2005) Asset price dynamics, Volatility and Prediction, Princeton University Press (selected chapters)

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Mo 07.09.2020 15:29