Covers derivatives pricing, replication, and interpretation, including examples of call options, forward contracts, and put options.
Introduces the Generalized Method of Moments (GMM) in econometrics, focusing on its application in instrumental variable estimation and asset pricing models.
Covers the binomial model for asset pricing, including options pricing and convergence to the Black-Scholes model.
Explores factor models in finance, covering mean-variance portfolios, size and value anomalies, and momentum strategies.
Explores optimal portfolio choice with leverage constraints, the security market line, alpha, empirical evidence, CAPM limitations, APT extensions, and modern finance insights.
