Difference between econometrics and financial econometrics
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Financial econometrics focus on the monetary and trade figures including investments.
Econometrics is much broader in spanning Macro and Micro economics usually for government statistics.
Quantitative Finance is a new field since 1995 mainly creating Investment Portfolio strategies and analysis of securities and commodities. A Wall Street "Black Box" comprising of algorithms, matrices, and variables based on financial history to predict future events. It is flawed since it cannot anticipate radical market changes (2007-8).
Econometrics is much broader in spanning Macro and Micro economics usually for government statistics.
Quantitative Finance is a new field since 1995 mainly creating Investment Portfolio strategies and analysis of securities and commodities. A Wall Street "Black Box" comprising of algorithms, matrices, and variables based on financial history to predict future events. It is flawed since it cannot anticipate radical market changes (2007-8).
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Econometrics is a branch of economic study which revolves around mathematics and statistics as a large branch of economics while financial econometrics is an economics branch that revolve around the financial markets data and statistics to come up with economic models.
Econometrics is therefore a merger of the above fields and it has been developed as a subject in our learning institutions.
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