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The International Center for Finance at the Yale School of Management provides
active support for research in financial economics by its fellows and disseminates
their work to the world's academic and professional communities. The Center’s
fellowship is comprised of leading scholars in and outside of the Yale School
of Management who work on key empirical and theoretical problems in financial
economics. The Center provides a physical locus for their activities consistent
with the belief that financial research is by its nature a collaborative venture.
To that end, the Center offers data, technology, and staff support for empirical
research and underwrites academic conferences that bring together distinguished
researchers to cooperatively develop ideas. In addition, the Center provides
summer research support and funding for visiting fellows and travel support
for doctoral student fellows. The ICF’s working paper series is available
both on-line and in print.
Center fellows produce leading-edge research in key areas of finance, including
asset pricing, corporate finance, investment management, market microstructure,
behavioral finance, fixed income and derivatives, international financial
markets, law and finance, and the history of financial markets. Our special
programs include finance conferences at which the world’s leading scholars
present their current research. Past conferences have focused on the evolution
of the capital markets, developments in market microstructure, behavioral
finance, and advances in derivatives and fixed income research. Our distinguished
visitor series has featured policymakers such as Sir Leon Brittan and Secretary
of the Treasury Lawrence Summers, as well as such noted investors as George
Soros. The Center’s summer visiting fellow program provides offices and computer
facilities for off-term visitors. A year-round weekly seminar series on new
research in financial economics is open to the Yale community and provides
a forum for interdisciplinary discussion.
The International Center for Finance is housed in an historic mansion on Hillhouse
Avenue adjacent to the Yale School of Management, the Yale Economics Department,
and the Yale Center for International and Area Studies. It maintains a first-class
laboratory for empirical research, including state-of-the-art computer facilities
and databases and a working paper archive and finance journal library. In
addition to the directors, the staff includes a program administrator, a database
manager and computer system administrator, a webmaster, and two programmers.
The Center provides spacious offices for fifteen research fellows and temporary
offices for summer fellows and adjunct professors. Yale University is firmly
committed to providing both substantial annual funding for research and assistance
in raising future endowment funds to secure the Center’s continued growth.
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