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Dr. DeRosa is an adjunct professor at the Yale School of Management where he
teaches advanced graduate courses in international finance, financial policy in
emerging markets, foreign exchange, derivatives, and asset management.
During the 2003-2004 academic year, he taught 3 courses:
MGT 546, International Financial Markets. 4 units. This course is
about world foreign exchange, interest rates, and stock markets. The course is a
balance of theoretical financial economics and practical issues of market and
trading mechanics. Topics cover both the G10 economies and the emerging market
countries. Analysis of important policy decisions of central banks and
ministries of finance is woven through the course. Prior course work in finance,
especially in derivatives, and macroeconomics would be a great help to students.
There will be a midterm and a final examination.
MGT 842, Analysis of Financial Policy for Emerging Market Nations. 2
units. This course is a survey of exchange rate and macroeconomic policy
undertaken by emerging market nations in the second half of the twentieth
century. Readings are taken from the International Monetary Fund reports and
from academic journals. The course includes, but is not limited to, case studies
of financial policy in Asia, Latin America, and Russia. Basic knowledge of
macroeconomics and international finance is a prerequisite.
| MGT 844, Finance Under
Legal Ambiguity. 2 units. An implicit assumption behind
financial theory is that counterparties to transactions are both
willing and able to perform on agreements. Practical experience
shows that not always to be the case. In fact many financial
transactions are riddled with uncertainty about the rights and
duties of the various parties; they are based in part on legal
ambiguities. This course focuses on two such areas. One is
centered on standard contracts in the fixed income and foreign
exchange markets. The second involves sovereign debt, default,
and the rights of investors. Both parts have become interesting
in legal and financial senses because of the crises that erupted
in the 1990s and continue until today. These events have tested
the existing legal framework that governs property rights and
contractual obligations. Please note that is a finance course,
not a law course. |
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