GU4710: Finance and the Real Economy

• Syllabus
  
• Introduction: Growing Size of the Financial Sector
• Lending to Firms: Finance and Growth, Networth Channel
• Lending to Consumers: Smoothing Consumption, Risk Sharing, Securitization
• Market Pricing: Arbitrage, Price Informativeness, High-Frequency Trading, Asset Management
• Finance and Inequality: Income Inequality, Wealth Inequality

GR6808: Macro Finance

• Syllabus
  
• Finance Basics: Discount Rates,
• Consumption-Based Models: Euler Equation in Discrete Time, Euler Equation in Continuous Time, Long-Run Risk, Disaster Risk
• Investment-Based Models: q-theory, RBC, Keynesian
• Heterogeneous-Agents Models: Distribution, OLG, Heterogeneous Preferences