Asset Pricing WS 2023
General Remarks
The course will be offered in the classroom. Further information and downloads will be made available on Moodle.
Course Outline
Introduction: finance basics
The stochastic discount factor
Factor pricing models
Aggregate stock price behavior
Rationality and behavioral financentroduction: finance basics
Literature
- John Cochrane: Asset Pricing, 2005, revised edition, in particular: chapters 1 (not 1.5), 9 (only 9.1), 12 (only 12.3), 20, 21 (21.1). The 1st edition will do but check out the typo list for the 1st edition on Cochrane's homepage.
- Papers from the reading list, which you will find in the slides.
News
First lecture on Monday, October 16, at 16:15.
Dates and Room
Mondays, 16:15 - 17:45, in H14
Thursdays, 14:15 - 15:45, in H14
Module description
This lecture is open for
- Finance (MSc)
- Wiwi (MSc)
- WiMa (MSc)
- WiPhy (MSc)
and others according to study plan.