Applied Financial Econometrics: Theory, Method and Applications

This textbook provides an approachable and comprehensive resource for students studying financial econometrics, covering basic to advanced concepts and intended for use in real-world applications. It is beneficial for students and tutors alike.

Format: Paperback / softback
Length: 287 pages
Publication date: 02 September 2022
Publisher: Springer Verlag, Singapore

This textbook serves as an accessible and relatable resource for students embarking on the study of financial econometrics. While the subject may initially appear daunting, primarily due to the mathematical and modeling aspects involved, it holds immense rewards for finance enthusiasts and can be effectively taught and grasped in a straightforward manner. Spanning from foundational concepts to advanced topics, this book provides a comprehensive understanding of econometrics that can be confidently applied in real-world scenarios. Whether you are a student or a tutor engaged in econometrics subjects at any level, this book will undoubtedly prove to be a valuable asset.

Introduction:
The field of financial econometrics plays a crucial role in today's financial world, as it enables researchers and practitioners to analyze financial data and make informed decisions. This textbook aims to provide students with a comprehensive and approachable guide to the subject, making it accessible to individuals with varying backgrounds in mathematics and economics.

Benefits of Studying Financial Econometrics:
While financial econometrics may initially seem intimidating, it offers numerous benefits to students of finance. Firstly, it provides a solid foundation in statistical analysis and modeling, which are essential tools in the field of finance. By learning econometrics, students can develop the skills necessary to analyze financial data, identify patterns, and make predictions.

Secondly, financial econometrics enables students to understand the complex relationships between financial variables and economic outcomes. This knowledge can help them make better-informed investment decisions, evaluate the risk-return profile of different assets, and develop strategies to manage financial risks.

Thirdly, financial econometrics provides a framework for analyzing financial data and making policy recommendations. By applying econometric models to real-world financial data, researchers can identify policy interventions that can improve financial stability, promote economic growth, and reduce poverty.

Approach to Teaching Financial Econometrics:
This textbook adopts a practical and hands-on approach to teaching financial econometrics. It begins by introducing the basic concepts of econometrics, such as regression analysis, time series analysis, and panel data analysis. From there, it progresses to more advanced topics, such as financial derivatives, risk management, and financial crises.

To facilitate learning, the textbook is organized into clear and concise chapters, each with a summary, exercises, and references. Additionally, the book includes numerous examples and case studies to illustrate the application of econometric techniques in real-world scenarios.

Conclusion:
In conclusion, this textbook provides students with an invaluable resource for the study of financial econometrics. By offering a comprehensive and accessible guide to the subject, it enables students to develop the skills necessary to analyze financial data, understand the relationships between financial variables, and make informed decisions in the field of finance. Whether you are a student, professional, or researcher, this book will be a valuable asset to your knowledge and understanding of financial econometrics.

Weight: 420g
Dimension: 210 x 148 (mm)
ISBN-13: 9789811640650
Edition number: 1st ed. 2021