A comprehensive introduction to the statistical and econometric methods for analyzing high-frequency financial dataHigh-frequency trading is an algorithm-based computerized trading practice that allows firms to trade stocks in milliseconds.
Understanding the dynamic evolution of the yield curve is critical to many financial tasks, including pricing financial assets and their derivatives, managing financial risk, allocating portfolios, structuring fiscal debt, conducting monetary policy, and valuing capital goods.
How cutting-edge economics can improve decision-making methods for doctorsAlthough uncertainty is a common element of patient care, it has largely been overlooked in research on evidence-based medicine.
Apart from standard actuarial theory, Modern Actuarial Risk Theory contains methods that are relevant for actuarial practice, for instance the rating of automobile insurance policies, premium principles and IBNR models, as well as generalized linear models with an eye on actuarial applications.
In a relatively short period of time Data Envelopment Analysis (DEA) has grown into a powerful quantitative, analytical tool for measuring and evaluating performance.
An accessible, contemporary introduction to the methods for determining cause and effect in the social sciences "e;Causation versus correlation has been the basis of arguments-economic and otherwise-since the beginning of time.
In this book, ten prominent economists—including Nobel laureates and several likely laureates—offer their ideas about what the future might hold in 100 years.
Prominent economists discuss internal labor markets, the dynamics of immigration, labor market regulation, and other key topics in the work of Michael J.
Over the last 30 years the practice and use of game theory has changed dramatically, yet textbooks continue to present game theory with algebraic formalism and toy models.
A guide to critical thinking in the 'post-truth' era, from the author of Sunday Times best-seller The Organized Mind We live in a world of information overload.
'A statistical national treasure' Jeremy Vine, BBC Radio 2'Required reading for all politicians, journalists, medics and anyone who tries to influence people (or is influenced) by statistics.
This book provides students and line managers in organizations with the means to create better scenarios and to use them to create winning business strategies.
This volume discusses the latest techniques and their economic applications for modern industries like computer, pharmaceutical, banking and other manufacturing.
Financial econometrics is one of the greatest on-going success stories of recent decades, as it has become one of the most active areas of research in econometrics.
The emergence of new firm-level data, including the European Community Innovation Survey (CIS), has led to a surge of studies on innovation and firm behaviour.
Modelling trends and cycles in economic time series has a long history, with the use of linear trends and moving averages forming the basic tool kit of economists until the 1970s.
This volume collects selected papers on the European Union from the 13th Congress of the International Economic Association held in Lisbon, September 2002.
This book has been written as a practical guide for finance markets professionals to explain US monetary policy and to make forecasts of future interest rate levels.
PPP is one of the most widely researched areas in international finance and one of the most controversial in the theory of exchange rate determination.
This book provides new evidence on the magnitude and sources of pay inequalities between women and men in European countries and New Zealand on the basis of micro data.
Forecasting exchange rates is a variable that preoccupies economists, businesses and governments, being more critical to more people than any other variable.
'For amateurs and professionals alike wishing to deepen their understanding of the often mysterious and counter-intuitive fluctuations in asset prices, this book provides essential reading.
A collection of papers from leading thinkers to celebrate the work of the late Wynne Godley, and his enormous contribution to the field of monetary economics.
The quick recovery of Asian economies from recent recessions in comparison to the struggling American and European economies can be attributed in part to the positive aggregate-demand externalities of their self-employment sectors.
This book examines the pattern of growth of the Spanish economy in the last few decades, and studies the causes of its labour productivity, and the special features characterising business cycles in Spain.
This book develops the analysis of Time Series from its formal beginnings in the 1890s through to the publication of Box and Jenkins' watershed publication in 1970, showing how these methods laid the foundations for the modern techniques of Time Series analysis that are in use today.