Literature
Jean-Pierre Danthine and John B Donaldson, Intermediate Financial Theory, second edition, Elsevier Academic Press, 2005, chapters 1–8 and 10
Eugene F Fama and Kenneth R French, “The Capital Asset Pricing Model: Theory and evidence,” Journal of Economic Perspectives 18(3), 2004, 25–46 Downloadable at EBSCO EJS
Ross Levine, “Financial development and economic growth: Views and agenda,” Journal of Economic Literature 35(2), 1997, 688–726 Downloadable at jstor.org
Merton H Miller, “The Modigliani–Miller propositions after thirty years,” Journal of Economic Perspectives 2(4), 1988, 99–120 Downloadable at jstor.org
Franco Modigliani, “MM – Past, present, future,” Journal of Economic Perspectives 2(4), 1988, 149–158 Downloadable at jstor.org
Andre F Perold, “The Capital Asset Pricing Model,” Journal of Economic Perspectives 18(3), 2004, 3–24 Downloadable at EBSCO EJS
Richard Roll, “A mean/variance analysis of tracking error,” Journal of Portfolio Management 18(4), 1992, 15–24 To be handed out at the lectures
Stephen A Ross, “Comment on the Modigliani–Miller propositions,” Journal of Economic Perspectives 2 (4), 1988, 127–133 Downloadable at jstor.org
Joseph E Stiglitz, “Why financial structure matters,” Journal of Economic Perspectives 2(4), 1988, 121–126 Downloadable at jstor.org
Hal Varian, “The arbitrage principle in financial economics,” Journal of Economic Perspectives 1(2), 1987, 55–72 Downloadable at jstor.org
One or two additional articles may be added by the lecturers during the semester
Note: JSTOR and EBSCO EJS articles can only be downloaded from university computers