ECO464H1: Empirical Financial Economics

24L/12T

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.

ECO358H1(70%)/ RSM332H1(70%); ECO374H1(70%)/ ECO375H1(70%)/ ECO375H5(70%)/ ECO327Y5(70%)
Society and its Institutions (3)