323063 :Empirical Methods in Finance

General info

Instruction language English
Type of Instruction 2 times a week a lecture of 2 hours (Lecture schedule)
Type of exams Group Assignments 40% and Final written exam 60% (see specifics for more information) (Examination schedule)
Level:Master
Course load:6 ECTS credits
Registration:via Blackboard
Blackboard InfoLink to Blackboard (When you see 'Guest are not allowed in this course', please login at Blackboard itself)

Lecturer(s)


dr. N. Pavanini

J.A. Crego


Objectives

This course introduces basic methods that are used in contemporary financial research. The objective is to provide students with the necessary tools to study the relevant literature of other core courses in the program and to conduct empirical financial research within the framework of the Master's thesis.

 

The course pays ample attention to the intuition and the practical applicability of a variety of econometric techniques that are widely used in contemporary empirical research. Reference will be made to many real world examples from the corporate finance and asset pricing literature. The classes intend to provide hands on experience with an econometric package such as STATA and will focus on a careful interpretation of the empirical results obtained.


Contents

* Regression analysis with cross sectional, time series, and panel data

 

* Event studies methodology

 

* Various applications to corporate finance and asset pricing

 

* Data collection and data handling using statistical software Stata

 

 


Specifics

Your grade depends on the performance in the final exam. If you fail to score 50 points or more in the final exam you will fail and your grade consists for 100% of the final exam grade. If you score 50 points or more in the final exam, your grade consists for 40% of the two assignment grades (20% each) and for 60% of the final exam grade. 

The same rule applies for the resit exam: If you score less than 50 points on the resit exam you will fail and your grade consists for 100% of the resit grade. If you score 50 points or more for the resit, your grade consists for 40% of the two assignment grades (20% each) and for 60% of the resit exam grade.

 


Recommended Reading

  1. Woolrigde J.M., Introductory Econometrics: A Modern Approach, latest edition better.
  2. Lecture slides and notes


Compulsory for


Recommended option for

(05-jan-2018)