Evans, M.D.D. and Lyons, R.K. (2002), “Order Flow and Exchange Rate Dynamics,” Journal of Political Economy, 110(1), pp. 170-180.
Evans, M.D.D. and Lyons, R.K. (2004), “Exchange Rate Fundamentals and Order Flow,” Georgetown University, University of California, Berkeley and NBER, mimeo.
Bekaert G., C. Harvey and C. Lundblat, “Does Financial Liberalization Spur Growth”, Duke University, May 2002.
Portes, R. and H. Rey (2005):”The determinants of cross-border equity flows”, Journal of International Economics 65, 269-96.
Van Wincoop, E, "How Big are Potential Gains from International Risk Sharing?", Journal of International Economics 47, 1999, 109-135.
Kletzer K. and B. Wright, “Sovereign Debt as Intertemporal Barter”, American Economic Review, 90, June 2000.
Cole H. and T. Kehoe "Self Fulfilling Debt Crises", Review of Economic Studies 67(1), January 2000, pages 91-116, also Federal Reserve Bank of Minneapolis Staff Report 211, July 1998
Bulow J. and K. Rogoff, "A constant recontracting model of sovereign debt" Journal of Political Economy Vol. 97, No. 1. (Feb., 1989), pp. 155-178.
Mc Kinnon, R., and H. Pill. 1996. “Credible Liberalizations and International Capital Flows: The Overborrowing Syndrome,” in T. Ito and A. Krueger (eds.), Financial Deregulation and Integration in East Asia, Chicago: Chicago University Press.
The goal is to provide a thorough foundation of the key concepts in international finance, with some of the topics also touching upon international macroeconomics and trade, while others are more finance focused. A closely related intention of the course is to give the students a good idea of the current frontier of research in selected areas of international finance, and thus ultimately to prepare them to do original work. The course assumes that students have taken the first-year macro, micro and econometrics sequences.
Students will be assessed on the basis of three elements; first, an essay/brief term paper (30%) and presentation thereof (20%) addressing a specific question/paper in an area of choice; second, an empirical exercise with data using an econometric software (30%); and third, class participation (20%).
Readings for each topic provided below are preliminary. An updated and more detailed reading list, distinguishing between core/required readings (marked blue) and additional readings, will be provided at the beginning of the course. Students are expected to have at least browsed through the required readings before class.
Mondays and Fridays from 12.00 – 14.00, starting from 31 March onwards for the first half of the semester.
Un bon weekend bien complet : du kiff, de la fumée, plein d'potes, des galères (il en faut toujours un peu non) mais surtout des moments inoubliables ! C'est la dernière vidéo de compet de l'année, alors j'en profite pour dire un grand MERCI à mes sponsors, à mes potes, et évidemment à vous :D Attention, ça veut pas dire qu'on va rien faire cet hiver...au contraire !!