Econ 690
Spring 2019
International Financial Economics
Readings:
Bekaert, Geert, and Robert Hodrick. 2017. International Financial Management, Third Edition. Cambridge University Press.
Date |
Reading Assignment (See syllabus for details!!) |
1/23 |
|
1/28 |
Bekaert and Hodrick, Chapter 1 Fernandez, et al., “Capital Control Measures: A New Dataset.” |
1/30 |
Class canceled by the University due to cold weather |
2/4 |
Bekaert and Hodrick, Chapter 2 |
2/6 |
“Triennial Survey of Foreign Exchange and OTC Derivatives Trading.” |
2/11 |
Bekaert and Hodrick, Chapter 3 |
2/13 |
No new reading assignment |
2/18 |
Bekaert and Hodrick, Chapter 4 |
2/20 |
Bekaert and Hodrick, Chapter 5 |
2/25 |
Bekaert and Hodrick, Chapter 6 |
2/25 |
Mid-term exam, 5:30-7:00 pm 5106 Social Sciences |
2/27 |
Du, Tepper, and Verdelhan, “Deviations from Covered Interest Parity” |
3/4 |
Bekaert and Hodrick, Chapter 7, sections 1 and 2, and Appendix 7.3 |
3/6 |
Bekaert and Hodrick, Chapter 7, sections 3, 5 and 6 |
3/11 |
Bekaert and Hodrick, Chapter 7, Appendix 7.2 |
3/13 |
No new reading |
3/25 |
Bekaert and Hodrick, Chapter 8 |
3/27 |
No new reading |
4/1 |
Bekaert and Hodrick, Chapter 9 |
4/1 |
Mid-term exam, 5:30-7:00 pm 5106 Social Sciences |
4/3 |
Bekaert and Hodrick, Chapter 10 |
4/8 |
No new reading |
4/10 |
Engel and Wu paper |
4/15 |
Bekaert and Hodrick, Chapter 14 |
4/17 |
Reading on Sovereign Default |
4/22 |
Reading on Sovereign Default |
4/24 |
Bekaert and Hodrick, Chapter 20 |
4/29 |
No new reading |
5/1 |
No new reading |
5/8 |
Final Exam, 10:05 AM – 12:05 PM 6104 Social Sciences |
Date Homework Assigned |
Date Homework Due |
Homework Assignment |
Answers to Homework Assignments |
Weds., 1/23 |
Mon., 2/4 |
||
Mon., 2/4 |
Mon., 2/11 |
||
Mon., 2/11 |
Mon., 2/18 |
||
Mon., 2/18 |
Mon., 2/25 |
||
Mon., 3/4 |
Mon., 3/11 |
||
Mon., 3/11 |
Mon., 3/25 |
||
Mon, 3/25 |
Weds, 3/27 |
||
Weds., 4/3 |
Weds.,4/10 |
||
Weds.,4/10 |
Weds.,4/17 |
||
Weds.,4/17 |
Weds.,4/24 |
||
Weds.,4/24 |
Weds.,5/1 |
Lecture Slides
Lecture 1: Course Introduction and Outline
Lecture 2: Global Financial Crisis
Lecture 3: International Financial Markets and Global Organizations
Lecture 4: Foreign Exchange Market
Lecture 5: Forward Market and Foreign Exchange Risk
Lecture 6: Balance of Payments Accounts
Lecture 7: Exchange Rate Systems
Lecture 8: Covered Interest Parity
Lecture 9: Speculation and Risk in Foreign Exchange Markets
Lecture 11: Purchasing Power Parity
Lecture 13: Exchange Rate Determination
Lecture 14: Liquidity and Exchange Rates
Lecture 15: Country and Political Risk
Lecture 17: Foreign Currency Futures and Options