ECON 9012: Empirical Asset Pricing

3 Credit Hours
This graduate-level course relates classical asset pricing theory to empirical estimation and evaluation of asset pricing models. The approach is to integrate economic insights, financial data, and econometric tools. Topics will include, but not limited to: capital asset pricing model, risk and returns on assets, consumption-based asset pricing theory, cross-section of expected returns, linear factor models, stochastic discount factor models, regression analysis for asset pricing, econometric tools for causal inference, and generalized method of moments techniques.