the essay should contain 3 sections: i) Explaining the question posed(0,5 pages); ii) Summarizing most
important literature (1 page), iii) Developing an answer: analytical, evidence-based (1,5 pages). The number of
papers to use is 5. The papers must be from the leading (A) journals in the field, or in finance and economics in
general, like Journal of Economic Perspectives, Journal of Finance, Journal of Financial Economics, Review of
Financial Studies, Journal of Banking and Finance, Journal of Financial Intermediation – just to mention the top
Finance journals, or the top econ journals.