ECON 337901 FINANCIAL ECONOMICS Peter Ireland Boston College January 14, 2020 These lecture notes by Peter Ireland are licensed under a Creative Commons Attribution-NonCommerical-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License. http://creativecommons.org/licenses/by-nc-sa/4.0/.
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ECON 337901 FINANCIAL ECONOMICSirelandp.com/econ3379/slides/slides20200114.pdf · 2020/1/14 · Jean-Pierre Danthine and John Donaldson, Intermediate Financial Theory, Second (2005)
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ECON 337901
FINANCIAL ECONOMICS
Peter Ireland
Boston College
January 14, 2020
These lecture notes by Peter Ireland are licensed under a Creative Commons Attribution-NonCommerical-ShareAlike4.0 International (CC BY-NC-SA 4.0) License. http://creativecommons.org/licenses/by-nc-sa/4.0/.
The Structure of Financial Economics
The Structure of Financial Economics
No Arbitrage Opportunities Across Markets
Source: Eric Budish, Peter Cramton, and John Shim, “TheHigh-Frequency Trading Arms Race: Frequent Batch Auctionsas a Market Design Response,” Quarterly Journal ofEconomics Vol.130 (November 2015): pp.1547-1621.
No Arbitrage Opportunities Across Markets
Source: Budish, Cramton, and Shim (2015).
Arbitrage Opportunities Across Markets?
Source: Budish, Cramton, and Shim (2015).
Arbitrage Opportunities Across Markets
Source: Budish, Cramton, and Shim (2015).
Arbitrage Opportunities Across Markets
Source: Budish, Cramton, and Shim (2015).
The Structure of Financial Economics
The Structure of Financial Economics
Course Administration
Course webpage:
http://irelandp.com/econ3379.html
Notes/slides, handouts, problems sets and solutions, oldexams.