Financial economics and econometrics

With a focus on implementations and interpreting findings, Financial Economics and Econometrics gives an overview of the fundamental concepts in theoretical and empirical finance.

The book is divided into five sections that cover corporate finance and policy, interest rates, yields and spreads, asset returns, volatility and correlation, and financial data and univariate models. A financial economics theory is presented at the start of each chapter, followed by econometric techniques that have been used to explore the theory. The chapter then analyses key studies on the subject and gives empirical evidence. The significance of the information outside of finance is demonstrated by the boxes, which provide ideas on how an idea might be applied to fields like management, marketing, and medicine. Numerous practical examples and intuitive explanations are provided for readers throughout the book, and key takeaways, "test your knowledge" and "test your intuition" sections at the end of each chapter also help students learn new material.