{"product_id":"the-basics-of-financial-econom-hardcover","title":"The Basics of Financial Econom - Hardcover","description":"\u003cp\u003eby \u003cb\u003eFrank J. Fabozzi\u003c\/b\u003e (Author), \u003cb\u003eSergio M. Focardi\u003c\/b\u003e (Author), \u003cb\u003eSvetlozar T. Rachev\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eAn accessible guide to the growing field of financial econometrics\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eAs finance and financial products have become more complex, financial econometrics has emerged as a fast-growing field and necessary foundation for anyone involved in quantitative finance. The techniques of financial econometrics facilitate the development and management of new financial instruments by providing models for pricing and risk assessment. In short, financial econometrics is an indispensable component to modern finance.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eThe Basics of Financial Econometrics \u003c\/i\u003ecovers the commonly used techniques in the field without using unnecessary mathematical\/statistical analysis. It focuses on foundational ideas and how they are applied. Topics covered include: regression models, factor analysis, volatility estimations, and time series techniques. \u003c\/p\u003e \u003cul\u003e \u003cli\u003eCovers the basics of financial econometrics--an important topic in quantitative finance\u003c\/li\u003e \u003cli\u003eContains several chapters on topics typically not covered even in basic books on econometrics such as model selection, model risk, and mitigating model risk\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eGeared towards both practitioners and finance students who need to understand this dynamic discipline, but may not have advanced mathematical training, this book is a valuable resource on a topic of growing importance.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eModern finance incorporates quantitative methods to an extent never before seen in the field. Financial professionals and students alike must be aware of these methodologies, and well-versed in their use. Delving into complex mathematics, however, is out of scope for most finance practitioners. Accordingly, \u003ci\u003eThe Basics of Financial Econometrics\u003c\/i\u003e provides a thorough overview of the concepts, tools, and applications of econometrics to quantitative asset management, without requiring any advanced mathematical training or a burdensome treatment of theory.\u003c\/p\u003e \u003cp\u003eCovering all the key areas, the book focuses on the application of financial econometric techniques to various activities in asset management. Leaving a complete review of probability theory and statistics and mathematics to the appendices, the authors delve right into the practical techniques of financial econometrics, including regression modeling, time-series analysis, robust regression analysis, ARCH-GARCH methods, factor analysis, and principal components analysis. Presented in a clear and concise manner, each chapter provides in-depth analysis and real-world examples related to actual financial data that bridge the gap between mere theory and practical application.\u003c\/p\u003e \u003cp\u003eFinancial econometrics is an indispensable component to modern finance and a crucial body of knowledge for financial professionals. \u003ci\u003eThe Basics of Financial Econometrics\u003c\/i\u003e addresses the key relationship between econometrics and finance, and provides practical examples that illustrate the connections between theory and practice. Drawing on the authors' experience and perspectives as both practitioners and academics, this practical guide covers technical topics in an easy-to-read manner. Examining topics not typically addressed in basic texts, the book also provides chapters to address practical implementation, including model selection, model risk, and mitigating model risk.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003e\u003ci\u003eThe\u003c\/i\u003e BASICS \u003ci\u003eof\u003c\/i\u003e FINANCIAL ECONOMETRICS\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eWith the growth in quantitative finance, financial econometrics has emerged as a vitally important field, providing the analytical models to address complex financial product structures, valuation, and risk assessment. \u003ci\u003eThe Basics of Financial Econometrics\u003c\/i\u003e covers the commonly used techniques in the field without using unnecessary mathematical or statistical proofs and derivations, and with a clear emphasis on basic ideas and how to apply them. \u003c\/p\u003e\u003cp\u003eFinancial econometrics is an indispensable component to modern finance and a crucial body of knowledge for financial professionals. \u003ci\u003eThe Basics of Financial Econometrics\u003c\/i\u003e addresses the key relationship between econometrics and quantitative finance, and provides practical examples that use real-world financial data. Areas covered include: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eBuilding financial models\u003c\/li\u003e \u003cli\u003eAsset pricing\u003c\/li\u003e \u003cli\u003eDerivative pricing\u003c\/li\u003e \u003cli\u003ePortfolio allocation\u003c\/li\u003e \u003cli\u003eHedging strategies\u003c\/li\u003e \u003cli\u003eModel selection\u003c\/li\u003e \u003cli\u003eStrategy development\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWritten for both seasoned financial professionals and advanced students of finance, \u003ci\u003eThe Basics of Financial Econometrics\u003c\/i\u003e provides a complete, real-world overview that provides a strong foundation in financial econometrics.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFRANK J. FABOZZI\u003c\/b\u003e is Professor of Finance at EDHEC Business School and Editor of the \u003ci\u003eJournal of Portfolio Management\u003c\/i\u003e. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eSERGIO M. FOCARDI\u003c\/b\u003e is Visiting Professor of Finance at Stony Brook University and a founding partner of the Paris-based consulting firm The Intertek Group. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eSVETLOZAR T. RACHEV\u003c\/b\u003e is Professor of Finance, College of Business and Center for Finance, Stony Brook University, and Chief-Scientist with FinAnalytica. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eBALA G. ARSHANAPALLI\u003c\/b\u003e is the Gallagher-Mills Chair of Business and Economics at Indiana University Northwest.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 448\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.4 x 9.1 x 6.2 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e March 24, 2014\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51772727886112,"sku":"9781118573204","price":135.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/7a754e821a2b2267a443e12f692d6c01.webp?v=1780412648","url":"https:\/\/ebocreations.com\/products\/the-basics-of-financial-econom-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}