Finance, Regulation, and the Economy|
With recent financial scandals and crises, it is important to ask whether the finance industry should be regulated and should undergo further policy reforms. Many scholars and policy experts contend that the current system is simply not designed to make policy choices on behalf of the public. In this course we will explore current financial innovations (e.g., mutual funds, hedge funds, securitizations, cryptocurrencies) and potential policy options in order to protect "Main Street" from "Wall Street." Additionally, we will explore the manner in which modern finance has grown out of powerful theories, both mathematical and psychological.
||Gen Ed Area Dept:
|Course Format: Lecture / Discussion||Grading Mode: Graded|
||Prerequisites: ECON101 OR ECON110
||Fulfills a Major Requirement for: (ECON-MN)(ECON)
||Past Enrollment Probability: Not Available
|Major Readings: Wesleyan RJ Julia Bookstore
Academic articles driven so I will list a few in addition to a 1 text:
1. James Barth, Gerard Caprio, Jr., and Ross Levine. Guardians of Finance: Making Regulators Work for Us. MIT Press, 2012
2. John Goodell, ¿COVID-19 and Finance: Agendas for Future Research,¿ Finance Research Letters, Vol. 35, July 2020, p. 1-4.
3. Dayong Zhang, Min Hu, and Qiang Ji, ¿Financial Markets Under the Global Pandemic of COVID19 Markets,¿ Finance Research Letters, Vol. 36, p. 1-4.
4. Andrew Ellul, Isil Erel, Uday Rajan, ¿The COVID-19 Pandemic Crisis and Corporate Finance,¿ The Review of Corporate Finance Studies, Vol. 9, Issue 3, November 2020, p. 421-429.
5. Efrain Benmelech, and Tobias J. Moskowitz. 2010. "The Political Economy of Financial Regulation: Evidence from U.S. State Usury Laws in the 18th and 19th Century." Journal of Finance, Vol. 65, No. 5, June 2010, p. 1029-73.
6. R. La Porta,., F. Lopez-de-Silanes, A. Shleifer, and R. Vishny, 2002 ¿Investor Protection and Corporate Valuation,¿ Journal of Finance, Vol. 57, p. 1147-1170
7. T. Beck, and R. Levine. 2005. "Legal Institutions and Financial Development," NBER Working Paper Series, Working Paper 10126, December 2003.
8. Tom Lin, ¿Artificial Intelligence, Finance, and the Law,¿ Fordham Law Review, 2019, p. 531-551.
|Examinations and Assignments: |
Several critical reviews, final paper, student presentation of academic article
|Additional Requirements and/or Comments: |
Additional Requirements and/or comments
|Instructor(s): Nguyen,Thanh Times: ...W... 02:50PM-04:10PM; .....F. 02:50PM-04:10PM; Location: CHPL; DWNY113; |
|Total Enrollment Limit: 30||SR major: 5||JR major: 5|| || |
|Seats Available: 17||GRAD: 0||SR non-major: 5||JR non-major: 5||SO: 10||FR: 0|
|Drop/Add Enrollment Requests|
|Total Submitted Requests: 0||1st Ranked: 0||2nd Ranked: 0||3rd Ranked: 0||4th Ranked: 0||Unranked: 0|