Timeline for Asset pricing textbooks
Current License: CC BY-SA 4.0
17 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| S Jul 1, 2020 at 7:12 | history | bounty ended | Richard Hardy | ||
| S Jul 1, 2020 at 7:12 | history | notice removed | Richard Hardy | ||
| Jun 24, 2020 at 14:08 | answer | added | phdstudent | timeline score: 3 | |
| Jun 24, 2020 at 12:33 | answer | added | Kevin | timeline score: 12 | |
| S Jun 24, 2020 at 10:29 | history | bounty started | Richard Hardy | ||
| S Jun 24, 2020 at 10:29 | history | notice added | Richard Hardy | Draw attention | |
| Jun 10, 2020 at 8:00 | comment | added | Richard Hardy | Regarding a close vote for the question seemingly being opinion based: the question does not try to organize a competition but rather provide the users with a list of established texts in the field so that a newcomer could benefit from going directly to the best texts that are available rather than spending extensive time collecting this information for oneself. Such questions are widespread in other SE sites (e.g. there are multiple textbook requests on Cross Validated) and do not get closed as opinion based. Some of them become Community Wiki, though. | |
| Jun 10, 2020 at 7:13 | answer | added | Alba | timeline score: 6 | |
| Jun 9, 2020 at 12:18 | review | Close votes | |||
| Jun 10, 2020 at 6:29 | |||||
| Jun 8, 2020 at 15:00 | history | tweeted | twitter.com/StackQuant/status/1270007703872692225 | ||
| Jun 8, 2020 at 9:36 | comment | added | Kevin | @noob2 thank you for the titles! :) I may add an answer tonight/tomorrow when I’m back home but anyone else should feel free to add answers. I guess the easiest thing would be to look at online previews? You can see quite a bit of the books and get a feeling whether you like the author’s style? | |
| Jun 8, 2020 at 9:25 | comment | added | nbbo2 | Duffie: Dynamic Asset Pricing Theory, Campbell: Financial Decisions and Markets: A Course in Asset Pricing.; Back: Asset Pricing and Portfolio Choice, Munk: Finacial Asset PRicing Theory, Bali/Engle: Empirical Asset Pricing: The Cross Section of Stock Returns | |
| Jun 8, 2020 at 9:03 | comment | added | Richard Hardy | @KeSchn, thank you for your comment, it is helpful! Could you include full (or at least truncated) titles of the books you mention? Also, consider posting the information of the comment as an answer or a few. | |
| Jun 8, 2020 at 8:33 | comment | added | Kevin | Cochrane is certainly classic, but slightly dated perhaps. He’s strong on GMM. Duffie is indeed quite theoretical (I liked it though). Campbell (2017) and Back (2017) are more up to date and easier to digest. I enjoyed reading Munk’s (2013) financial asset pricing theory, it’s well written. All these books are typically recommended for a first year PhD course on asset pricing. Bali et al. (2016) wrote a fantastic book surveying empirical asset pricing (perhaps not relevant to you). | |
| Jun 8, 2020 at 7:37 | comment | added | Richard Hardy | However, I am not specifying this in the body so that the question remains of general interest. | |
| Jun 8, 2020 at 7:37 | comment | added | Richard Hardy | My personal interest is in getting a solid first-time introduction into the field by independent study of a single textbook, hopefully without too complicated math but with good intuition. I am considering Cochrane "Asset Pricing" (2005) (looks like a classic), Ingersoll "Theory of Financial Decision Making" (1987) (looks mathy and a little outdated, but people say it has great intuition), Campbell " Financial Decisions and Markets" (2017) (sounds promising and is up to date) and Duffie "Dynamic Asset Pricing Theory" (3rd ed, 2001) (looks awfully mathy). Anything missing from my list? | |
| Jun 8, 2020 at 7:27 | history | asked | Richard Hardy | CC BY-SA 4.0 |