General Instructions:
- Academic papers chosen must be either published in an academic journal or posted and distributed on SSRN.
- All academic papers used in an assignment must be cited.
- Academic papers should be chosen based on THE research area of finance and more specifically from merge & acquisitions or pharmaceutical companies financial analysis
- If Generative AI is used, both the source (BARD, ChatGPT) and the prompt (the set of commands fed to the source) must be cited.
List of Quantitative Estimation Techniques:
- Instrumental Variables
- Generalized Least Squares
- Maximum Likelihood Estimation
- Generalized Method of Moments
- Probit, Logit or Multinomial Logit
- Panel Regression with Fixed and Random Effects
- Vector Autogression
- Cointegration
- Event Study
- Text Analysis
- Principal Components Analysis
- GARCH
Level 3 analysis:
- Identify a published paper in an academic business journal that utilizes one of the quantitative estimation techniques listed above.
- Replicate the results of the study. Note there are numerous sites (see list below) that make available the paper, data and code necessary to replicate the published results. Web and AI searches will provide many sites to pick review.
- Draft a short summary of your work which explains how you went about replicated the study and demonstrates that your results match the results of the published paper.