The Eichel Asset-Backed Securitization Project

Catalog description

Introduction to asset-backed securitization market; analysis of risk and return of securitized products as investment tools. History of US mortgages and securitized products, and factors leading to the credit crisis. Exposition of relevant econometrics techniques and risk evaluation models. Team-based projects in which students identify a relevant research question, collect data, and apply robust statistical analysis of their hypothesis. Course enhanced by period visiting lectures from alumnus Scott Eichel and colleagues at Barclays to discuss practical applications of research. Prerequisite: (Economics 204D or 208D or 372) or Financial Economics 372, and (Mathematics 202 or 212).