This best-selling textbook addresses the need for an introduction to econometrics specifically written for finance students.Key features: • Thoroughly revised and updated, including two new chapters on panel data and limited dependent variable models• Problem-solving approach assumes no prior knowledge of econometrics emphasising intuition rather than formulae, giving students the skills and confidence to estimate and interpret models • Detailed examples and case studies from finance show students how techniques are applied in real research • Sample instructions and output from the popular computer package EViews enable students to implement models themselves and understand how to interpret results • Gives advice on planning and executing a project in empirical finance, preparing students for using econometrics in practice• Covers important modern topics such as time-series forecasting, volatility modelling, switching models and simulation methods • Thoroughly class-te... MORE
This best-selling textbook addresses the need for an introduction to econometrics specifically written for finance students.Key features: • Thoroughly revised and updated, including two new chapters on panel data and limited dependent variable models• Problem-solving approach assumes no prior knowledge of econometrics emphasising intuition rather than formulae, giving students the skills and confidence to estimate and interpret models • Detailed examples and case studies from finance show students how techniques are applied in real research • Sample instructions and output from the popular computer package EViews enable students to implement models themselves and understand how to interpret results • Gives advice on planning and executing a project in empirical finance, preparing students for using econometrics in practice• Covers important modern topics such as time-series forecasting, volatility modelling, switching models and simulation methods • Thoroughly class-tested in leading finance schools
