Past Final Projects

Past Final Projects#

Students in previous offerings of FINM 32900 completed the final projects listed below. Each entry gives the paper (or data series) that the group replicated, the group members, and a link to the group’s public GitHub repository; some groups also published a project website. Browse a few of these to get a sense of the scope and polish expected of a finished project (see also the Final Project Rubric and Project Previews).

Only projects with public repositories are listed. Links were last verified in July 2026.

Winter 2026#

  • Market Expectations in the Cross-Section of Present Values (Kelly and Pruitt 2013) — Zara Nip and Dylan Wang. GitHub repo · project site

  • Man vs. Machine Learning: The Term Structure of Earnings Expectations and Conditional Biases (van Binsbergen, Han, and Lopez-Lira) — Dong Yan and YiLong Lin. GitHub repo · project site

  • Predictive Regressions: A Present-Value Approach (van Binsbergen and Koijen 2010) — Yilun Cai and Moxiao Li. GitHub repo · project site

  • Holding Period Effects in Dividend Strip Returns (Golez and Jackwerth 2024) — Jie Lin and Zimeng Yi. GitHub repo · project site

  • Can ChatGPT Forecast Stock Price Movements? (Lopez-Lira and Tang 2023) — Sophie Lara and Thomas Hillenbrand. GitHub repo · project site

  • Can ChatGPT Forecast Stock Price Movements? (Lopez-Lira and Tang 2023) — Dylan Pan and Samos Zhu. GitHub repo · project site

  • Intermediary Asset Pricing: New Evidence from Many Asset Classes (He, Kelly, and Manela 2017) — Sunil Trivedi, Cole Ginter, and Alex Nikolaev. GitHub repo · project site

  • Monetary Tightening and US Bank Fragility in 2023 (Jiang, Matvos, Piskorski, and Seru 2023) — Joe Wang and Summer Han. GitHub repo · project site

  • Monetary Tightening and US Bank Fragility in 2023 (Jiang, Matvos, Piskorski, and Seru 2023) — Anoushka Gehani and Hashir Bawany. GitHub repo · project site

  • Exchange Rates and Asset Prices in a Global Demand System (Koijen and Yogo) — Allen Wu, Xiongfei Wang, and Nandini Krishnan. GitHub repo · project site

  • Segmented Arbitrage: Treasury Spot-Futures (Siriwardane, Sunderam, and Wallen) — George Lord and Max Zhalilo. GitHub repo · project site

  • Segmented Arbitrage: Corporate CDS-Bond Basis (Siriwardane, Sunderam, and Wallen) — Flavio Gorini Ferreira and Jacopo Michelacci. GitHub repo · project site

  • The CDS-Bond Basis (Bai and Collin-Dufresne 2019) — Nicholas Kebo and Lucie Martin. GitHub repo · project site

  • The U.S. Treasury Yield Curve: Construction and Model Comparison (GĂĽrkaynak, Sack, and Wright 2007) — Annie Reynolds and Phoebe Fingold. GitHub repo · project site

  • An Anatomy of Commodity Futures Risk Premia (Szymanowska, de Roon, Nijman, and van den Goorbergh 2014) — Daniil Garbuzov and Oliver Mitchell. GitHub repo · project site

  • Expected Returns and Large Language Models (Chen, Kelly, and Xiu 2022) — Andrew Moukabary and Reece VanDeWeghe. GitHub repo · project site

Winter 2025#

  • The Cross-Section of Expected Stock Returns (Lewellen 2015) — Eduardo Belisario Scheffer and Ben Singer. GitHub repo

  • Monetary Tightening and US Bank Fragility in 2023 (Jiang, Matvos, Piskorski, and Seru 2023) — Xitaaz Rampersad and Samuel Rubidge. GitHub repo

  • Monetary Tightening and US Bank Fragility in 2023 (Jiang, Matvos, Piskorski, and Seru 2023) — Aadi Deshpande and Annabel Du. GitHub repo · project site

  • Intermediary Asset Pricing: New Evidence from Many Asset Classes (He, Kelly, and Manela 2017) — Xinye Li and Hang Yu. GitHub repo

  • Intermediary Asset Pricing: New Evidence from Many Asset Classes (He, Kelly, and Manela 2017) — Hanlu Ge and Junyuan Liu. GitHub repo

  • Dividend Growth Expectations from Dividend Strips (Gormsen and Koijen 2020) — Charlotte Zhou and Amy Wang. GitHub repo

  • Market Expectations in the Cross-Section of Present Values (Kelly and Pruitt 2013) — Jared Szajkowski, Ilya Melnikov, and Zac Johnson. GitHub repo

  • Corporate Bond Portfolio Returns (He-Kelly-Manela test assets; Nozawa 2017) — Gabriel Ran and Jesse Yan. GitHub repo · project site

  • Credit Default Swap Returns (He-Kelly-Manela test assets; Palhares 2013) — Sania Zeb and Yangge Xu. GitHub repo · project site

  • Commodity Futures Returns (He-Kelly-Manela test assets; Yang 2013) — Kyle Parran and Duncan Park. GitHub repo

  • Segmented Arbitrage: FX Covered Interest Parity Spread (Siriwardane, Sunderam, and Wallen) — Om Mehta and Kunj Shah. GitHub repo

  • Segmented Arbitrage: Equity Spot-Futures Spread (Siriwardane, Sunderam, and Wallen) — Young Jae Jung and Mooseok Kang. GitHub repo · project site

  • Segmented Arbitrage: Equity Spot-Futures Spread (Siriwardane, Sunderam, and Wallen) — Andy Andikko and Harrison Zhang. GitHub repo · project site

  • Segmented Arbitrage: Treasury Spot-Futures Spread (Siriwardane, Sunderam, and Wallen) — Haoshu Wang and James Chen. GitHub repo

  • Segmented Arbitrage: Treasury Swap Spread (Siriwardane, Sunderam, and Wallen) — Arsh Kumar and Raiden Egbert. GitHub repo

  • Segmented Arbitrage: TIPS-Treasury Spread (Siriwardane, Sunderam, and Wallen) — Bailey Meche and Raul Renteria. GitHub repo

  • Segmented Arbitrage: Corporate CDS-Bond Basis (Siriwardane, Sunderam, and Wallen) — Vincent Xu and Alex Wang. GitHub repo

Winter 2024#

  • Factor Demand and Factor Returns (Wang 2023) — Jonathan Cai, Keyi Chen, Jean-Sebastien Gaultier, and Adam Aldad. GitHub repo

  • Evaporating Liquidity (Nagel 2012) — Ruilong Guo, Sifei Zhao, Zhiyuan Liu, and Jason Fu. GitHub repo

  • A Demand System Approach to Asset Pricing (Koijen and Yogo 2019) — Sarp Nalcin, Nicholas Lee, Daniel Bailey, Gio Longo, and Dylan Sunjic. GitHub repo

  • Intermediary Asset Pricing: New Evidence from Many Asset Classes (He, Kelly, and Manela 2017) — Jacob Simeral, Young Jin Song, Jaehwa Youm, and Monica Panigrahy. GitHub repo

  • The Illiquidity of Corporate Bonds (Bao, Pan, and Wang 2011) — Kathy Zhang, Hantao Xiao, Hunter Young, and Arthur Ji. GitHub repo

  • Monash Time Series Forecasting Archive (Godahewa et al. 2021) — Fernando Urbano, Aben Carrington, Shrey Jain, and Mukund Maheshwari. GitHub repo

  • Monetary Tightening and US Bank Fragility in 2023 (Jiang, Matvos, Piskorski, and Seru 2023) — Ningxin Zhang, Yiqiao Wang, Wenran Zhang, and Yuanqing Li. GitHub repo

  • Noisy Prices and Return-based Anomalies in Corporate Bonds (Dickerson, Robotti, and Rossetti 2023) — Carol Zhang, Ryan Bai, Ashley Deng, Emily Zheng, and Yitong Wang. GitHub repo

  • Cash-Flow Maturity and Risk Premia in CDS Markets (Palhares 2013) — Nidhi Beeravolu, Diana Castellanos, Antonio Pineda, and Kausthub Keshava. GitHub repo

  • Investment Shocks and the Commodity Basis Spread (Yang 2013) — Raafay Uqaily, Kaleem Bukhari, Aditya Murarka, and Yasmine Ouattara. GitHub repo

  • What Drives the Cross-Section of Credit Spreads? (Nozawa 2017) — Mengdi Hao, Yu-Ting Weng, Joy Wu, and Julia Klauss. GitHub repo

  • Do Short Sellers Respond to ESG Ratings? — Baptiste Pepin, Adriana Mata, Diego Almau, and Pranav Phatak. GitHub repo

  • Rediscover Predictability: Information from the Relative Prices of Long-term and Short-term Dividends (Li and Wang 2023) — Zihao Liu, Alec Zhang, Yu Guo, and Coco Qu. GitHub repo

  • The Puzzle of Index Option Returns (Constantinides, Jackwerth, and Savov 2013) — Andy Li, Yun Hu, Zilin Song, and Minhao Li. GitHub repo

  • Monetary Tightening and US Bank Fragility in 2023 (Jiang, Matvos, Piskorski, and Seru 2023) — Jason Wang, Juan Ramirez, Maxwell Dender, Leon Tan, and Peizhe Huang. GitHub repo

  • The Puzzle of Index Option Returns (Constantinides, Jackwerth, and Savov 2013) — Viren Desai, Ian Hammock, and Harrison Holt. GitHub repo

  • Replicating Portfolios from Ken French’s Data Library — Nick Lewis, Zakarya Mehdi, Bryce Hopkins, and Riccardo Gutgeld. GitHub repo

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