Financial Economics

How funds are allocated and risk is priced

Why a dollar tomorrow is worth less than a dollar today, how risk is priced into returns, and how households, firms and banks manage money across time.

Financial EconomicsAsset PricingPortfolio & InvestmentCorporate FinanceFinancial IntermediationDerivatives & InsuranceMarkets & TradingHousehold Finance & Stability

Themes in this branch

Asset PricingLinking risk and return across assetsPortfolio & InvestmentAllocating wealth across risky assetsCorporate FinanceHow firms fund projects and govern capitalFinancial IntermediationBanks and funds that connect savers and borrowersDerivatives & InsuranceContracting risk itselfMarkets & TradingHow information enters pricesHousehold Finance & StabilityMortgages, savings and systemic risk

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