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Empirical Research in Investments


Course Description

The markets, trading systems, and properties of financial securities. Includes an investigation of market efficiency and the time series properties of securities. Empirical studies of asset pricing models, portfolio performance, term structure models, and capital market integration.


Athena Title

EMP RESCH IN INVEST


Prerequisite

Permission of department


Semester Course Offered

Offered every year.


Grading System

A - F (Traditional)


Course Objectives

A directed readings course. The markets, trading systems, and properties of financial securities. Includes an investigation of market efficiency and the time series properties of securities. Empirical studies of asset pricing models, portfolio performance, term structure models, and capital market integration.


Topical Outline

Market Microstructure Market Efficiency, Event Studies and Long-Run Stock Returns Introduction to Asset Pricing Predictacility/Anomalies The Capital Asset Pricing Model and Multifactor Asset Pricing Models


Syllabus