Economics 466
Financial Economics
Slides
Bruce C. Dieffenbach
University at
Albany, State University of New York
Spring, 2014
Infinite Geometric
Sum, Proof Without Words 
Confederate Bond, with Coupons
Treasury Term Structure Data 2/26/14
Market Value Versus Asset Value
Testing the Random-Walk Theory
The Weakness of
the Efficient-Market Theory 
The Housing
Boom and Subprime Mortgage Lending
Privatization of Social
Security
Should the
Government Invest in the Stock Market?
Property Tax in Upstate New
York
Black-Scholes Option
Pricing Model
Black-Scholes Call Option Pricing Formula
Two-State Option Pricing Model
Kindleberger�s Scenario
for Financial Crisis
Into the Storm (The Economist, cover October 25, 2008)
