thesis in financial econometrics

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Essays in financial econometrics

This dissertation consists of three chapters discussing issues in the field of financial econometrics. All three chapters are largely empirical, with some theoretical developments in second moments modelling in the second chapter.

The first chapter of this thesis analyses the market neutrality of Pairs Trading, a statistical arbitrage trading technique, from a second moments perspective. In this study, I analyse how market and idiosyncratic news affect the profitability of this tra...

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Essays in Financial Econometrics and Machine Learning

Fred Liu , The University of Western Ontario Follow

Doctor of Philosophy

Stentoft, Lars

2nd Supervisor

Conley, Tim

3rd Supervisor

Saunders, Charles

Financial econometrics is a highly interdisciplinary field that integrates finance, economics, probability, statistics, and applied mathematics. Machine learning is a growing area in finance that is particularly suitable for studying problems with many variables. My thesis contains three chapters that explore financial econometrics and machine learning in the fields of asset pricing and risk management.

Chapter 2 studies the implications of the new Basel 3 regulations. In 2019, the BCBS finalized the Basel 3 regulatory regime, which changes the regulatory measure of market risk and adds new complex calculations based on liquidity and risk factors. This chapter is motivated by these changes and seeks to answer the question of how regulation affects banks’ choice of risk-management models, whether it incentivizes them to use correctly specified models, and if it results in more stable capital requirements.

Chapter 3 conducts, to our knowledge, the largest study ever of five-minute equity market returns using state-of-the-art machine learning models trained on the cross-section of lagged market index constituent returns, where we show that regularized linear models and nonlinear tree-based models yield significant market return predictability. Ensemble models perform the best across time and their predictability translates into economically significant Sharpe ratios of 0.98 after transaction costs. These results provide strong evidence that intraday market returns are predictable during short time horizons.

Chapter 4 studies the idiosyncratic tail risk premium and common factor. Stocks in the highest idiosyncratic tail risk decile earn 8% higher average annualized returns than in the lowest. I propose a risk-based explanation for this premium, in which shocks to intermediary funding cause idiosyncratic tail risk to follow a strong factor structure, and the factor, common idiosyncratic tail risk (CITR), comoves with intermediary funding. Consequently, firms with high idiosyncratic tail risk have high exposure to CITR shocks, and command a risk premium due to their low returns when intermediary constraints tighten. To test my explanation, I create a novel measure of idiosyncratic tail risk. Consistent with my explanation, CITR shocks are procyclical, are correlated to intermediary factors, are priced in assets, and explain the idiosyncratic tail risk premium.

Summary for Lay Audience

Chapter 2 is motivated by the new Basel 3 market risk regulation, which introduces new complex calculations for global banks. This chapter has three main findings. First, under Basel 3, banks are incentivized towards riskier models. Second, banks are incentivized toward inaccurate models meaning that the Basel 3 penalty for inaccuracy may be insufficient. Third, Basel 3 results in more stable capital requirements.

Chapter 3 is motivated by the idea that markets may be predictable in very short time horizons, since it takes time for traders to incorporate information into prices. To test this idea, we conduct the largest study of intraday (i.e. five-minute) market return predictability using machine learning techniques. This chapter has three main findings. First, intraday market returns are predictable, though this predictability has decreased across the years. Second, this predictability is profitable after transaction costs. Third, consistent with slow traders, predictability is higher during the middle of the day, and during volatile or illiquid days.

Chapter 4 uses a new tail risk factor to provide an economic explanation for a recent asset pricing puzzle, which uncovers a hidden risk that emerges during bad times. Specifically, this chapter is on idiosyncratic tail risk, which measures the severe losses of an individual stock that are uncorrelated to the market. I propose that idiosyncratic tail risk is caused by large investment firms impacting individual stocks due to the large size of their trades. When they’re flush with cash, they conduct more trades, causing tail risk to go up. This means the aggregate level of tail risk is informative of how much cash big investment firms have. As these are key players in financial markets, then idiosyncratic tail risk matters for prices and financial stability.

Recommended Citation

Liu, Fred, "Essays in Financial Econometrics and Machine Learning" (2021). Electronic Thesis and Dissertation Repository . 7814. https://ir.lib.uwo.ca/etd/7814

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Financial econometrics, mathematics, statistics, and financial technology: an overall view

• Published: 22 April 2020
• Volume 54 , pages 1529–1578, ( 2020 )

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• Cheng Few Lee 1  

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Based upon my experience in research, teaching, writing textbooks, and editing handbooks and journals, this review paper discusses how financial econometrics, mathematics, statistics, and financial technology can be used in research and teaching for students majoring in quantitative finance. A major portion of this paper discusses essential content of Lee and Lee (Handbook of financial econometrics, mathematics, statistics, and machine learning, World Scientific, Singapore, 2020). Then Lee (From east to west: memoirs of a finance professor on academia, practice, and policy, World Scientific, Singapore, 2017), Lee et al. (Financial econometrics, mathematics and statistics, Springer, New York, 2019a; Machine learning for predicting default of credit card holders and success of kickstarters. Working paper, 2019b), and Lee and Lee (Handbook of financial econometrics and statistics, Springer, New York, 2015) are used to enhance the content of this paper. In addition, important and relevant papers, which have been published in different journals are also used to support the issues discussed in this paper. I have found the applications of financial econometrics, mathematics, statistics, and technology have improved drastically over the last five decades. Therefore, both practitioners and academicians need to update their skills in this area to compete in both financial market and academic research.

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This paper was delivered as a keynote speech at the 27th PBFEAM Conference in June 2019 at National Taiwan University. I appreciate the comments from the audience at the conference. In addition, the useful comments from Professors J. R. Chang, Cathy Y. H. Chen, Jack Francis, Wolfgang Karl Hardle, Nathan Joseph, Fu-Lai Lin, Xiaoxiao Tang, and Hai-Chin Yu are also appreciated.

Appendix 1: Table of contents and keywords for the handbook entitled “Financial econometrics, statistics, technology and machine learning” (World Scientific 2020)

This appendix will cover the table of contents and important keywords for this handbook. Part A of this appendix covers the table of contents and Part B covers the keywords.

1.1 Part A: table of contents

Introduction

Do Managers Use Earnings Forecasts to Fill a Demand They Perceive From Analysts? by Orie Barron, Jian Cao, Xuguang Sheng, Maya Thevenot, and Baohua Xin

A potential benefit of increasing book–tax conformity: Evidence from the reduction in audit fees by Nantin Kuo and Cheng-Few Lee

Gold in Portfolio: A Long-Term or Short-Term Diversifier? by Fu-Lai Lin, Sheng Yung Yang, and Yu-Fen Chen

Econometric Approach To Financial Analysis, Planning, And Forecasting By Cheng-Few Lee

Forecast Performance of the Taiwan Weighted Stock Index: Update and Expansion by Deng-Yuan Yi, Hsiao-Yin Chen, and Cheng-Few Lee

Statistical Distributions and Option Bound Determination by Cheng-Few Lee and Peter Guangping Zhang

Measuring the collective correlation of a large number of stocks by Wei-Fang Niu and Henry Horng-Shing Lu

Key Borrowers Detected by the Intensities of Their Interactions by Fuad Aleskerov, Irina Andrievskaya, Alisa Nikitina, and Sergey Shvydun

Application of the Multivariate Average F Test to Examine Relative Performance of Asset Pricing Models with Individual Security Returns by Shafiqur Rahman and Matthew J. Schneider

Hedge Ratio and Time Series Analysis by Sheng-Syan Chen, Cheng-Few Lee, and Keshab Shresth

Applications of Intertemporal CAPM on International Corporate Finance and Mutual Fund Research by JR Chang, Cheng-Few Lee, and M W Huang

What Drives Variation in the International Diversification Benefits? A Cross-country Analysis” by Wan-Jiun Paul Chiou and Kuntara Pukthuanthong

A heteroskedastic Black-Litterman portfolio optimization model with views derived from a predictive regression by Wei-Hung Lin, Huei-Wen Teng, and Chi-Chun Yang

Pricing Fair Deposit Insurance: Structural Model Approach by Tzu Tai, Cheng-Few Lee, Tian-Shyr Dai, Keh Luh Wang, and Hong-Yi Chen

Application of Structural Equation Modeling in Behavioral Finance: A Study on the Disposition Effect by Chang Hsin-Hue

External Financing Needs and Early Adoption of Accounting Standards: Evidence from the Banking Industry by Sophia I-Ling Wang

Improving the Stock Market Prediction with Social Media via Broad Learning by Xi Zhang and Philip S. Yu

Sourcing Alpha In Global Equity Markets: Market Factor Decomposition And Market Characteristics by Dr. S.S. Mohanty

Support Vector Machines Based Methodology for Credit Risk Analysis by Jianping Li, Mingxi Liu, Cheng-Few Lee, and Dengsheng Wu

Data Mining Applications in Accounting and Finance Context by Wikil Kwak, Yong Shi, and Cheng-Few Lee

Tradeoff between reputation concerns and economic dependence for auditors—Threshold regression approach by Fang-Chi Lin, Chin-Chen Chien, Cheng-Few Lee, Hsuan-Chu Lin, and Yu-Cheng Lin

The ASEAN Economic Community: Analysis Based On Fractional Integration And Cointegration by Luis Alberiko Gil-Alana, University of Navarra and Hector Carcel, Bank of Lithuania

Alternative Methods for Determining Option Bounds: A Review and Comparison by Cheng-Few Lee, Zhaodong Zhong, Tzu Tai,and Hongwei Chuang

Financial Reforms and The Differential Impact of Foreign versus Domestic Banking Relationships on Firm Value by Hai-Chin Yu, Cheng-Few Lee and Ben Sopranzetti

Time-Series Analysis: Components, Models, and Forecasting by Cheng-Few Lee

Itô’s Calculus and the Derivation of the Black Option-Pricing Model-Scholes by Malliaris A.G. and George Chalamandaris

Durbin-Wu-Hausman Specification Tests by Robert H. Patrick

Jump Spillover and Risk Effects on Excess Returns in the United States During the Great Recession by Jessica Schlossberg and Norman R. Swanson

Earnings Forecasts and Revisions, Price Momentum, and Fundamental Data: Further Exploration of Financial Anomalies by John B. Guerard Jr. and Andrew Mark

Ranking Analysts by Network Structural Hole by Re-Jin Guo, Yingda Lu, and Lingling Xie

The Association Between Book-Tax Differences and CEO Compensation by Kin-Wai Lee and Gillian Hian-Heng Yeo

Stochastic Volatility Models: Faking a Smile by Dean Diavatopoulos and Oleg Sokolinskiy

Entropic Two-Asset Option by Tumellano Sebehela

The Joint Determinants of Capital Structure and Stock Rate of Return: A LISREL Model Approach by Hong-Yi Chen, Cheng-Few Lee and Tzu Tai

Time–Frequency Wavelet Analysis of Stock Market Co-Movement Between and Within Geographic Trading Blocs by Bilel Kaffel and Fathi Abid

Alternative errors-in-variables models and their applications in finance research by Hong-Yi Chen, Alice C. Lee, and Cheng-Few Lee

Simultaneously Capturing Multiple Dependence Features in Bank Risk Integration: A Mixture Copula Framework by Xiaoqian Zhu, Dengsheng Wu, Jianping Li

GPU Acceleration for Computational Finance by Chuan-Hsiang Han

Does VIX Truly Measure Return Volatility? by K. Victor Chow, Wanjun Jiang, and Jingrui Li

An ODE approach for the expected discounted penalty at ruin in a jump-diffusion model by Yu-Ting Chen, Cheng-Few Lee, and Yuan-Chung Sheu

How Does Investor Sentiment Affect Implied Risk-Neutral Distributions of Call and Put Options? by Wen-Ming Szu, Yi-Chen Wang, and Wan-Ru Yang

Intelligent Portfolio Theory and Strength Investing in the Confluence of Business & Market Cycles and Sector & Location Rotations by Heping Pan

Evolution Strategy Based Adaptive Lq Penalty Support Vector Machines with Gauss Kernel for Credit Risk Analysis by Jianping Li, Gang Li, Dongxia Sun, and Cheng-Few Lee

Product Market Competition And CEO Pay Benchmarking by Ivan E. Brick and Darius Palia

Equilibrium Rate Analysis of Cash Conversion Systems: The Case of Corporate Subsidiaries by Weiwei Chen, Benjamin Melamed, Oleg Sokolinskiy, and Ben Sopranzetti

Is the market portfolio mean–variance efficient? by Robert R. Grauer

Consumption-Based Asset Pricing with Prospect Theory and Habit Formation by Jr-Yan Wang and Mao-Wei Hung

An Integrated Model for the Cost-Minimizing Funding of Corporate Activities over Time by Prof. Manak C. Gupta

Empirical Studies of Structural Credit Risk Models and the Application in Default Prediction: Review and New Evidence by Han-Hsing Lee, Ren-Raw Chen, and Cheng-Few Lee

Empirical Performance of the Constant Elasticity Variance Option Pricing Model by Ren Raw Chen, Cheng-Few Lee, and Han-Hsing Lee

The Jump Behavior of Foreign Exchange Market: Analysis of Thai Baht by Jow-Ran Chang, Mao-Wei Hung,Cheng-Few Lee, and Hsin-Min Lu

The Revision Of Systematic Risk On Earnings Announcement In The Presence of Conditional Heteroscedasticity by Chin-Chen Chien, Cheng-Few Lee, and She-Chih Chiu

Applications of Fuzzy Set to International Transfer Pricing and Other Business Decisions by Wikil Kawk and Yong Shi, Seesok Lee and Cheng-few Lee

A time-series bootstrapping simulation method to distinguish sell-side analysts’ skill from luck by Chen Su and Hanxiong Zhang

Acceptance Of New Technologies By Employees In Financial Industry by Veronika Belousova, Vasily Solodkov, Nikolay Chichkanov, and Ekaterina Nikiforova

Alternative Method for Determining Industrial Bond Ratings: Theory and Empirical Evidence by Lie-Jane Kao and Cheng-Few Lee

An Empirical Investigation of the Long Memory Effect on the Relation of Downside Risk and Stock Returns by Cathy Yi-Hsuan Chen and Thomas C. Chiang

Analysis of Sequential Conversions of Convertible Bonds: A Recurrent Survival Approach by Lie-Jane Kao, Li-Shya Chen, and Cheng-Few Lee

Determinants of euro-area bank CDS spreads by Maria-Eleni K. Agoraki, Dimitris A. Georgoutsos, and George T. Moratis

Dynamic Term Structure Models Using Principal Components Analysis Near The Zero Lower Bound by Januj A. Juneja

Effects Of Measurement Errors On Systematic Risk And Performance Measure Of A Portfolio by Cheng-Few Lee and Frank C. Jen

Forecasting Net Charge-Off Rates of Banks: A PLS Approach by James R. Barth, Sunghoon Joo, Hyeongwoo Kim, Kang Bok Lee, Stevan Maglic, and Xuan Shen

Application of Filtering Methods in Asset Pricing by Hao Chang and Yangru Wu

Sampling Distribution of the Relative Risk Aversion Estimator: Theory and Applications by Marvin J. Karson, David C. Cheng, And Cheng-Few Lee

Social Media, Bank Relationships and Firm Value by Chia-Hui Chao and Hai-Chin Yu

Splines, Heat, and IPOs: Advances in the Measurement of Aggregate IPO Issuance and Performance by Zachary A. Smith, PhD, Mazin A. M. Al Janabi, PhD, and Muhammad Z. Mumtaz, PhD

The Effects Of The Sample Size, The Investment Horizon And Market Conditions On The Validity Of Composite Performance Measures: A Generalization by Son-Nan Chen and Cheng-Few Lee

The Sampling Relationship Between Sharpe’s Performance Measure And Its Risk Proxy: Sample Size, Investment Horizon And Market Conditions by Son-Nan Chen and Cheng-Few Lee

VG NGARCH versus GARJI Model For Asset Price Dynamics by Lie-Jane Kao and Cheng-Few Lee

Why Do Smartphones And Tablets Users Adopt Mobile Banking by Veronika Belousova and Nikolay Chichkanov

Non-parametric Inference on Risk Measures for Integrated Returns by Henghsiu Tsai, Hwai-Chung Ho, and Hung-Yin Chen

Copulas And Tail Dependence In Finance by Wing-Choong Lai and Kim-Leng Goh

Some Improved Estimators of Maximum Squared Sharpe Ratio by Siu Kai Choy and Bu-qing Yang

Errors-in-Variables and Reverse Regression by Shafiqur Rahman and Cheng-Few Lee

The role of financial advisors in M&As: Do domestic and foreign advisors differ? by Kai-Shi Chuang

Discriminant Analysis, Factor Analysis, And Principal Component Analysis: Theory, Method, And Applications by Cheng-Few Lee

Credit Analysis, Bond Rating Forecasting, And Default Probability Estimation by Cheng-Few Lee

Market Model, CAPM, And Beta Forecasting by Cheng-Few Lee

Utility Theory, Capital Asset Allocation, and Markowitz Portfolio-Selection Model by Cheng-Few Lee

Single-Index Model, Multiple-Index Model, and Portfolio Selection by Cheng-Few Lee

Sharpe Performance Measure and Treynor Performance Measure Approach to Portfolio Analysis by Paul Chiou and Cheng-Few Lee

Options and Option Strategies: Theory and Empirical Results by Cheng-Few Lee

Decision Tree and Microsoft Excel Approach for Option Pricing Model by Jow-Ran Chang and John Lee

Statistical Distributions, European Option, American Option, and Option Bounds by Cheng-Few Lee

A Comparative Static Analysis Approach to Derive Greek Letters: Theory and Applications by Cheng-Few Lee

Fundamental Analysis, Technical Analysis, and Mutual Fund Performance by Cheng-Few Lee

Bond Portfolio Management, Swap Strategy, Duration, and Convexity by Cheng-Few Lee

Synthetic Options, Portfolio Insurance, and Contingent Immunization by Cheng-Few Lee

Alternative Security Valuation Model: Theory and Empirical Results by Cheng-Few Lee

Opacity, Stale Pricing, Extreme Bounds Analysis, and Hedge Fund Performance: Making Sense of Reported Hedge Fund Returns by Zachary A. Smith, Mazin A. M. Al Janabi, Muhammad Z. Mumtaz

Does Quantile Co-integration Exist between Spot and Futures Gold Prices? by Hai-Chin Yu, Chia-Ju Lee, and Der-Tzon Hsieh

Bayesian Portfolio Mean–Variance Efficiency Test with Sharpe Ratio’s Sampling Error, by LieJane Kao, Huei Ching Soo and Cheng-Few Lee

Does Revenue Momentum Drive or Ride Earnings or Price Momentum? by Hong-Yi Chen, Sheng-Syan Chen, Chin-Wen Hsin and Cheng-Few Lee

Technical, Fundamental, and Combined Information for Separating Winners from Losers, by Hong-Yi Chen, Cheng-Few Lee, and Wei K. Shih.

Optimal Payout Ratio under Uncertainty and the Flexibility Hypothesis: Theory and Empirical Evidence by Cheng-Few Lee, Manak C. Gupta, Hong-Yi Chen, and Alice C. Lee.

Sustainable Growth Rate, Optimal Growth Rate, and Optimal Payout Ratio: A Joint Optimization Approach by Hong-Yi Chen, Manak C. Gupta, Alice C. Lee and Cheng-Few Lee

Cross-sectionally correlated measurement errors in two-pass regression tests of asset-pricing models by Thomas Gramespacher, Armin Bänziger, and Norbert Hilber

“Asset Pricing with Disequilibrium Price Adjustment: Theory and Empirical Evidence,” (with Chiung-Min Tsai and Alice C. Lee), Quantitative Finance , Volume 13, Number 2, Pages 227–240, 2013.

“A Dynamic CAPM with Supply Effect Theory and Empirical Results,” (with Chiung-Min Tsai and Alice C. Lee), Quarterly Review of Economic and Finance , Volume 49, Issue 3, August 2009, Pages 811–828.

Estimation Procedures of Using Five Alternative Machine Learning Methods for Predicting Credit Card Default by Michael Lee and Huei-Wen Teng

Alternative Methods to Derive Option Pricing Models: Review and Comparison by Cheng-Few Lee and Yibing Chen

“Option Prices and Stock Market Momentum: Evidence from China” with Jianping Li, Yanzhen Yao, and Yibing Chen, Quantitative Finance, Published online: 23 Apr 2018

Advancement of Optimal Portfolios with Short-sales and Transaction Costs: Modeling and Effectiveness by Paul Chiou and Jing-RungYu

The path leading up to the new IFRS 16 leasing standard: how was the restructuring of lease accounting received by different advocacy groups? By Christian Blecher and Stephanie Kruse

Implied Variance Estimates For Black–Scholes And CEV OPM: Review And Comparison by Cheng-Few Lee, Yibing Chen,and John Lee

Crisis Impact on Stock Market Predictability by Rajesh Mohnot

How Many Good and Bad Funds Are there, Really? Wayne Ferson and Yong Chen

Constant Elasticity Of Variance Option Pricing Model: Integration And Detailed Derivation by Y.L. Hsu, T.I. Lin, and Cheng-Few Lee

An Integral-Equation Approach For Defaultable Bond Prices With Application To Credit Spreads by Yu-Ting Chen, Cheng-Few Lee, and Yuan-Chung Sheu

Sample Selection Issues and Applications by Hwei-Lin Chuang and Shih-Yung Chiu

Time Series and Neural Network Analysis by K. C. Tseng, Ojoung Kwon, and Luna C. Tjung

Covariance Regression Model for Non-normal Data by Tao Zou, Ronghua Luo,Wei Lan and Chih-Ling Tsai

Impacts of Time Aggregation on Beta Value and R Squared Estimations Under Additive and Multiplicative Assumptions: Theoretical Results and Empirical Evidence by Yuanyuan Xiao, Yushan Tang, and Cheng-Few Lee

Large-sample Theory by Sunil S. Poshakwale and Anandadeep Mandal

Impacts of Measurement Errors on Simultaneous Equation Estimation of Dividend and Investment Decisions by Cheng-Few Lee and Fu-Lai Lin

Big data and Artificial Intelligence in Banking Industry by T. Robert Yu and Xuehu (Jason) Song

A Non-Parametric Examination of Emerging Markets Financial Integration by Ke Yang, Susan Wahab, Bharat Kolluri, and Mahmoud Wahab

ALAN—Algorithmic Analyst An application for Artificial Intelligence Content as a Service by Ted Hong, Daniel Lee, Wen-Ching Wang

Survival Analysis: Theory and Applications in Finance by Feng Gao and Xiaomin He

Pricing Liquidity in the Stock Market by Ding Du and Ou Hu

The Evolution of Capital Asset Pricing Models: Update and Extension by Yi-Cheng Shih, Sheng-Syan Chen, Cheng-Few Lee, and Po-Jung Chen

The Multivariate GARCH Model and Its Application to East Asian Financial Market Integration by Yoshihiko Tsukuda, Junji Shimada, and Tatsuyoshi Miyakoshi

Review of Difference-in-Difference Analyses in Social Sciences: Application in Policy Test Research by William H. Greene and Min (Shirley) Liu

Using Smooth Transition Regressions to Model Risk Regimes by Liam A. Gallagher, Mark C. Hutchinson, and John O’Brien

Application of Discriminant Analysis, Factor Analysis, Logistic Regression, and KMV-Merton Model in Credit Risk Analysis by Cheng-Few Lee

Predicting Credit Card Delinquencies: An Application of Deep Neural Networks by Ting Sun and Miklos A. Vasarhalyi

Estimating the Tax-Timing Option Value of Corporate Bonds by Peter Huaiyu Chen, Sheen Liu, and Chunchi Wu

DCC-GARCH Model for Market and Firm-Level Dynamic Correlation in S&P 500 by Peimin Chen, Chunchi Wu, and Ying Zhang

Using Path Analysis to Integrate Accounting and Non-Financial Information: The Case for Revenue Drivers of Internet Stocks by Anthony Kozberg

The Implications Of Regulation In The Community Banking Sector: Risk And Competition by Gregory McKee and Albert Kagan

1.2 Part B: Keywords

The number following each keyword indicates the chapter where the keyword can be found.

Accounting beta (79), Acquisitions (116), Adaptive penalty (44), Additive and Multiplicative Rates of Return (114), Advocacy Groups (105), AI Content as a Service (AICaaS) (119), Algorithmic bias (117), American option (84, 85), American options (24), Analyst coverage network (31), Analyst recommendation revisions (55), Analysts’ information (2), Analytic hierarchy process (21), Announcement returns (76), Approximation Approach (106), ARCH (119), ARCH & GARCH (107), ARCH (Autoregressive conditional heteroscedasticity) (11), ARCH method (11), Archimedean copula (73), ARIMA (119), ARIMA-GARCH model (6), ARIMA models (87), Artificial intelligence (101, 117, 127), Artificial Regression (28), ASEAN (23), Asian financial crisis (52), Asset (100), Asset allocation (80), Asset Portfolio (43), Asset pricing (10, 12, 98), Asset Pricing Tests (1), Asymmetric Information (66), Asymmetric taxes (128), Audit fees (3, 22), Audit opinion prediction (21), Auditor change (21), Auditor independence (22), Auditor reputation (22), and Autoregressive forecasting model (26).

Balance of trade (23), Bank credit risk (60), Bank regulatory compliance (117), Bank Relationships (66), Bank risk (38), Banking (56), Bankruptcy (15, 21), Banks (17), Barrier option (15), Basel committee on banking supervision (38), Bayes estimation (74), Bayes factor (93), Bayes rule (108), Bayesian Approach (37), Bayesian factor (52), Bayesian net (21), Bayesian test (93), Behavior finance (122), Behavioral finance (16), Beta coefficient (81), Betting Against Beta (19), Big data (21, 117), Binomial option pricing model (84, 102), Bipower variation tests (29), Black-Litterman model (14), Black–Scholes model (84), Black–Scholes option pricing model (102), Bond price (110), Bond strategies (88), Book–tax conformity (3), Book-tax differences (32), Book-to-market (10, 121), Booting (101), Bootstrap (108), BOS ratio (95), Box–Cox transformation (1), and Box-Jenkins ARIMA Methodology (112).

Calendar (Time) Spreads (83), Calibration (33), Call option (84), Capital Asset Pricing Model (19, 37), Capital gain (128), Capital structure (35, 37), Capital-Rationed Firms (46), CAPM (53, 79, 100), CARA utility function (11), Cash Conversion Cycle (46), Cash Conversion System (46), Causal inference (124), Centrality (9), CEO compensation (32, 45), CEO talent (45), CEV Model (106), China (21), Classical Method (37), Clayton copula (73), Clustering effect model (1), Coefficient Determination (114), Cognitive biases (16), Coincident indicators (26), Co-integration and error assertion method effectiveness (11), Collar (83), Collective correlation (8), Combination forecasting model (6), Combined investment strategy (95), Comment Letters (105), Commodity diversifier (4), Common stock valuation (90), Commonality (2), Community bank (131), Component analysis (87), Composite forecasting (79, 87), Computational finance (39), Concave utility function (80), Conditional multivariate F test (93), Conditional tail expectation (72), Conditional Value at Risk model (104), Confidence index (87), Confirmatory factor analysis (CFA) (35), Conservative-Minus-Aggressive (19), Constant Elasticity of Variance Model (109), Constant–Elasticity-of-Variance (CEV) process (51), Consumer sentiment (42), Consumption-based asset pricing model (48), Contagion (129), Continuous wavelet analysis (4), Corporate governance (32), Correlation (118), Correlation breakdown (8), Cost of Capital (37, 100), Cost-minimization (49), Covariance (81), Covariance Regression Model (113), Covered Call (83), Cox Process (34), Credit analysis (78), Credit card (101), Credit Card Delinquency (127), Credit Default Swaps (60), Credit risk (38, 101), Credit risk classification (20, 44), Credit spread (110), Credit-scoring model (57), Cross section of stock returns (121), Cross-section data (26), CRSP value-weighted index (93), Currency risk (12), and Cyclical component (26).

Data mining (21, 55), DCC-GARCH model (123), DCC-MVGARCH (129), Debt-like signal (59), Decision Table (21), Decision tree (21, 101), Decomposition of estimated regression coefficient (62), Deep Learning (119), Deep Neural Network (127), Default (101), Default barrier (110), Default Prediction (50), Default probability (78, 126), Default risk (128), Delinquency (101), Delta (∆) (86), Demand function (99, 122), Deposit insurance (15), Difference-in-differences (124), Dimension reduction (8), Direct and reverse regression (75), Direct effect (130), Disclosure and counter-signaling (17), Discounted value (49), Discriminant analysis (77, 78, 126), Discriminatory power (57), Disequilibrium effect (99), Disequilibrium estimation method (1), Disequilibrium model (99), Disposition effect (16), Disruptive technologies (56), Distributed Lag Models (91), Diversification (116), Diversification benefits (13), Dividend Policy (97, 116), Dividends (96), Dodd-Frank (131), Domestic and foreign advisors (76), Dow theory (87), Down-and-Out Barrier model (50), Downside risk (58), DTSM (Dynamic term structure models) (61), Due Process (105), Duration (88), Durbin, Wu, Hausman (DWH) Specification Tests (28), Dynamic capital budgeting decision (5), Dynamic CAPM (122), Dynamic conditional correlation (123, 129), Dynamic conditional variance decomposition (123), Dynamic Factors (63), and Dynamic hedging (89).

Early adoption (17), Earnings forecasts (30), Earnings management (32), Earnings revisions (30), Earnings Surprises (94), East Asian bond and stock markets (123), Econometric and statistical methods (47), Efficiency (131), Efficiency hypothesis (32), EGARCH model (14), Elliptical copula (73), Emerging markets (25), Empirical methods (131), Empirical performance (51), Employees (56), Endogeneity (28), Endogenous industry structure (45), Endogenous supply (100), Endogenous variables (5), Equality of tail risks (72), Equity-like signal (59), Error correction model (6), Errors-in-Variables (37, 75, 98, 116), Estimate Implied Variance (106), Estimation (116), Estimation Approach (50), Estimation Stability (114), ETFs (29), Euler equations (12), European options (24, 84), Event extraction (18), Evolution strategy (44), Ex ante probability (70), ex Post Sharpe ratio (93), Exactly identified (100), Ex-ante moments (40), Excel program (84), Excel VBA (84), Excess returns (29), Exchange Option (34), Exogenous variables (5), Expected discounted penalty (41), Expected payoff (7), Explanatory power (57), Exponential smoothing (26), Exponential smoothing constant (26), Extended Kalman Filter (64), External financing (17), Extra-legal institution (3), and Extreme Bound Analysis (91).

Factor analysis (77, 78, 126), Factor attributes (119), Factor loading (10, 77, 78), Factor models (10), Factor score (77), False discovery rates (108), Fama and French factor models (121), FDIC (15), Feature extraction (20), Feltham-Ohlson model (90), Finance—Investment (69), Financial constraints (49), Financial Crisis (107), Financial Econometrics (61), Financial market integration (123), Financial mathematics (1), Financial ratios (90), Financial reform (25), Financial statement analysis (95), Financial statistics (1), Financial technology (1), Financial z-score (78, 126), Financing costs (49), Finite sample (74), Finite difference method of the SV model (51), Firm Value (66), First-difference method (124), Fixed Effects (FE) (28), Fixed-effects model (96), Flexibility hypothesis (96), Forecast timeliness (31), Forecasting Stock Prices (112), Foreign bank debt (25), Foreign bank relationships (25), Fractional integration (23), Francis and Rowell model (90), Fund performance (108), Fundamental analysis (87, 95, 112), Funding decisions (49), Funding requirements (49), Future Contract (92), Fuzzy set (21, 54), and Fuzzy regression (1).

Gamma () (86), GARCH (1,1) (123), GARCH (Generalized Autoregressive conditional heteroscedasticity) (11), GARCH method (11), GARCH model (14), GARCH-jump (70), GARJI model (70), Gaussian copula (73), Gauss-Markov conditions (115), Generalize fluctuation (1), Generalized Method of Moments (GMM) (28), Global financial market integration (118), Global investing (119), Goal programming (57), Gold (4, 92), Goodness of fit (108), GPU (39), Great Recession (29), Grouping Method (37), Growth Rate (97), GRS test (10), Gumbel copula (73), GV-Spread (40), GVIX Index (40), Habit formation (48), Hazard model (78, 126), Heckman’s Two-Stage Estimation (111), Hedge Fund (108, 125), Hedge Funds Performance (91), Hedge ratio (11), Hedging (86), Herding Behaviors (113), Heteroskedasticity (52), High frequency data (39), High-frequency data (29), High-frequency jumps (29), High-Minus-Low (19), High-ranked analysts (31), Holt/Winters Exponential Smoothing (112), Holt–Winters forecasting model (26), and Hyper-parameter optimization (20).

Identification (28), Identification problem (116), Idiosyncratic standard deviation (78), Idiosyncratic risk (98), Implied risk-neutral distribution (42), Implied volatility (39, 40), Implied volatility Smile/skew/surface (33), Implied volatility spread (103), Incomplete market (24), Indifference curve (80), Indirect effect (130), Industry portfolios (121), Inference (72), Information fusion (18), Initial Public Offerings (67), Instrumental Variable Method (37), Instrumental Variables (IV) (28), Insurance premium (15), Integrated process (72), Intelligent Portfolio Theory (43), Intention (71), Interconnectedness (9), Interest-rate anticipation swap (88), Intermarkert-spread swap (88), Internal Capital Market (46), Internal control weakness (21), International CAPM (122), International finance (12), International portfolio (13), International stock market linkage (36), Internet stock (130), Intertemporal (12), Intertemporal CAPM (122), Intervention (6), Inverse Fourier Transform and Poisson Process (34), Investment (10, 13, 121), Investment banks (76), Investment constraints (13), Investment decision (116), Investment Eq. (37), Investment Horizon (68), Investment horizons (4), Investor sentiment (42), IPO Issuance and Performance (67), Irregular component (26), and Itô’s lemma (27).

Japan (21), Jump (52), Jump diffusion (110), Jump risks (29), Jump spillover (29), Jump-diffusion (41), Kalman filter (53, 64), Kernel function selection (20), Kernel Smoothing (108), Key borrower (9), KMV-Merton model (78, 126), K-nearest neighbours (101), Korea (21), Kruskal–Wallis Test (105), Kurtosis (7), Lagging indicators (26), Lagrangian calculus maximization (81), Lagrangian multipliers (82), Lagrangian objective function (80), Large-sample theory (115), Leading indicators (26), Lease Accounting (105), Leverage effect (58), Linear programming (7, 24, 81), Linear utility function (80), Linear-equation system (77), Liquidity risk (10), Liquidity shocks (121), Liquidity-based CAPM (122), LISREL (35), LISREL Method (37), Logistic Equation (97), Logistic regression (126), Logit (21), Logit model (78), Logit regression (1), Log-normal distribution (85), Lognormal distribution method (102), Long call (83), Long memory (23, 58), Long Put (83), Long Straddle (83), Long Vertical (Bull) Spread (83), Loss aversion (48), Low interest rate environment (61), Lower bound (7), and LSTM (119).

Machine learning (101, 117, 119, 127), Make-to-Stock Inventory (46), Management earnings forecasts (2), Managerial implications (131), Mann–Whitney Test (105), Market beta (79), Margrabe Model (34), Market model (79, 81), Market portfolio (10), Market risk (38), Markovian Models (46), Markowitz modern portfolio theory (14), Mathematical Programming Method (37), Matlab (39), MATLAB Approach (106), Matrices (77), Maturity (88), Maximum likelihood estimation (50, 73), Maximum Likelihood Estimation (MLE) (50), Maximum likelihood estimator (65, 99), Maximum Likelihood Method (37), Maximum mean extended-gini coefficient hedge ratio (11), Mean Reverting Process (97), Mean squared error (26), Mean–variance capital asset pricing (47), Mean–variance efficiency (93), Measurement Error (28, 37, 62, 75, 98), Mental accounting (16), Mergers (116), Mergers and acquisitions (76), Merton distance model (126), MINIMAX goal programming (57), Minimum generalized semi-variance hedge ratio (11), Minimum value at risk hedge ratio (11), Minimum variance hedge ratio (11), Minimum variance unbiased estimator (65), Mixture copula (38), Mixture Kalman Filter (64), Mobile banking (71), Model of Ang and Piazzesi ( 2003 ) (61), Model of Joslin et al. ( 2013 ) (61), Model of Joslin et al. ( 2011 ) (61), Moderating effect (16), Momentum (10, 19, 121), Momentum factor (103), Momentum Strategies (94, 95), Money market liquidity premium (121), Moral hazard (15), Moving average (87), Multi variable spew-normal distribution method (11), Multi-Factor Risk model (119), Multinomial Logit Model (111), Multiperiod dynamic CAPM (99), Multiple criteria and multiple constraint level (MC2) linear programming (54), Multiple criteria linear programming data mining (21), Multiple discriminant analysis (21), Multiple factor transfer pricing model (54), Multiple-index model (81), Multivariate Discriminant Analysis (MDA) (78), Multivariate F test (10), Multivariate GARCH (129), Multivariate log-normal distribution (85), Multivariate normal distribution (85), Multi-factor and multi-indicator (MIMIC) model (1), and Mutual fund (108).

Natural Language Generation (119), Natural language processing (21), Net Charge-Off Rates (63), Neural network (101), Neural Network Model (112), NLG (119), Non parametric tests (28), Nonaudit fees (22), Noncentral Chi Square Distribution (109), Nonlinear regression (1), Noncentral t distribution (65, 69), Non-Financial Information (130), Non-normal Data (113), Non-parametric (24), Non-parametric method (120), Non-parametric regression (118), Non-systematic risk (79), Normal distribution (85), N-Period OPM (84), Numerical experiment (51), Odd-Lot theory (87), OLS (45), Omega model (104), Omitted Variables (28), One-period OPM (84), Operating profitability (121), Operational risk (38), Optimal capital structure (41), Optimal financial policy (49), Optimization (49), Optimum mean variance hedge ratio (11), Optimum mean MEG hedge ratio (11), Option (128), Option bound (7, 85), Option bounds (24), Option price (103), Option pricing (33, 109), Option pricing model (51), Options pricing (27), and Out-of-Sample Forecasts (63).

Panel Data (28), Panel vector auto-regressions (60), Parallel computing (39), Parametric method (120), Partial adjustment (100), Partial Adjustment Model (97), Partial Least Squares (63), Particle Filter (64), Partition function (8), Past stock returns (103), Path analysis (1, 130), Payout policy (96), Payout Ratio (97), PCA (Principal components analysis) (61), PCDTSM (Principal component-based DTSM) (61), Peer Benchmarking (45), Percentage of moving average (26), Performance Manipulation (91), Performance measure (62), Phase-type distribution (41), Planning horizon (49), Poisson regression (1), Policy (15), Policy analyses (124), Portfolio (69), Portfolio construction (30), Portfolio management (30), Portfolio optimization (30), Portfolio selection (104), Portfolio theory (30), Post-Earnings-Announcement Drift (94), Post-earnings-announcement drifts (53), Power index (9), Predictability (107), Price pressure (103), Principal Component Analysis (63), Principal components model (118), Probability integral transform (73), Probability limit for regression coefficient (62), Probit (21), Probit Model (111, 126), Probit regression (1), Product market competition (45), Production cost (90), Profitability (10), Prospect theory (48), Protective Put (83), Pure-yield-pickup swap (88), Put option (84), Put options (89), Put-call parity (83), Put–call parity (42), and Python (101).

Quadratic cost (100), Quality-Minus-Junk (19), Quantile (25, 72), Quantile Co-integrated (92), Quantitative analysis (18), Random Coefficient Model (114), Random coefficient method (11), Random Effects (RE) (28), Realized variation (33), Recurrent survival analysis (59), Reduced-form (100), Regime-switching GARCH method (11), Regret avoidance (16), Related Mergers (116), Relative risk aversion distribution (65), Rent-seeking hypothesis (32), Revenue Surprises (94), Rho ( \(\rho\) ) (86), Risk Assessment (127), Risk aversion (80), Risk dependence (38), Risk integration (38), Risk management (38, 129), Risk-free rate (82), Risk-mitigating effect (59), Risk-return tradeoff (58), Risk-shifting (59), RNN (119), Robo-advisor (117), Robust Hausman (28), Robust standard errors that incorporate firm-level clustering (45), and Robust-Minus-Weak (19).

Sample estimators (115), Sample properties (115), Sample Selection Bias (111), Sample Size (68), Sarbanes–Oxley (131), Scoring system (119), Seasonal component (26), Seasonal index (26), Seasonal index method (26), Sector & Location Rotation (43), Security market line (122), Seemingly Unrelated Regression (SUR) (25, 100), Self-Control (16), Sell-side analysts (55), Semi-parametric (24), Semi-parametric method (7, 120), Semi-parametric regressions (118), Sentiment analysis (18), Sequential Conversion (59), Shape parameter (70), Sharpe (68), Sharpe hedge ratio (11), Sharpe performance measure (82), Sharpe ratio (74), Short Call (83), Short Put (83), Short sales allowed (82), Short sales not allowed (82), Short selling (80, 104), Short Straddle (83), Short Vertical (Bear) Spread (83), Significance Identification (105), Simple summation approach (38), Simulation (7, 98), Simulation and Bootstrap techniques (28), Simultaneous econometric models (5), Simultaneous Equations (100), Simultaneous equations systems (116), Single-index model (81), Size (10, 121), Skewness (7), Sklar’s theorem (73), Small-Minus-Big (19), Social Media (66), Social network (18), Sources of funds (49), Specification Error (97), Spline Regression Analysis (67), Stale pricing (91), Standardized Student’s t-distribution (73), State-space Model (64), Static CAPM (122), Statistical Analysis of Response Behavior (105), Statistics—Sampling (69), Stochastic calculus (102), Stochastic dominance (7, 24), Stochastic volatility (33), Stochastic volatility model (72), Stochastic volatility model with independent jumps (52), Stock correlation (18), Stock index futures (89), Stock market liquidity (121), Stock market momentum (103), Stock Market Returns (107), Stock prediction (18), Stock repurchase (59), Stock Return Comovement (113), Stop-loss orders (89), Strength Investing (43), Structural breaks (61), Structural change (1), Structural Credit Risk Model (50), Structural equation model (16), Structural equation modeling (SEM) (35), Structural hole (31), Student’s t copula (73), Subsidiaries (46), Substitution swap (88), Supervised learning (101), Supply Chain Financial Management (46), Supply function (99, 122), Support Vector Machine (44, 101), Support vector machines (20, 21), SUR (5), Survival analysis (120), Survival model (21), Swapping (88), Synergies (116), Synthetic option (84, 89), Systematic risk (62, 79), Systematic Risk Coefficient (114), and Systemic importance (9).

TAIEX options (42), Tail dependence (38, 73), Tail risk (58), Tail wag the dog (89), Tax timing (128), Technical analysis (87, 95, 112), Technologies acceptance (56), Technology acceptance (71), Temporal Aggregation (114), Test (72), Test power (108), The investor’s views (14), Theta ( \(\varTheta\) ) (86), Three-stage least squares estimation (3SLS) method (1), Threshold regression model (22), Time Series Decomposition (112), Time-series Bootstrapping simulations (55), Time-series data (26), Time-series regression (121), Total risk (79), Trading Strategies (108), Trading Strategy Portfolio (43), Trading volume (87, 95), Trading-day component (26), Transaction cost (128), Transaction costs (104), Transfer function model (6), Transfer pricing (54), Tree model (15), Trend component (26), Trend Following, Business & Market Cycle (43), Trend–cycle component (26), Treynor and Jensen Measures (68), Treynor performance measure (82), Two-pass regression (98), Two-period OPM (84), Two Stage Least Square method (116), U.S. (21), Unbiased estimation (74), Uncertainty (2), Unrelated Mergers (116), Unscented Kalman Filter (64), Upper bound (7), User adoption (71), Utility function (80), Utility theory (80), Validity and reliability (16), Value at Risk (72), Value at Risk model (104), Value-at-Risk (58), Variance–covariance approach (38), Variance-gamma process (70), Vectors (77), Vega ( \(\nu\) ) (86), VG NGARCH model (70), VIX (40), Volatility clustering (14), Warren and Shelton model (90), Wavelet coherence (36), Wavelet correlation (36), Wavelet multiple cross-correlation (36), X-11 model (26), ZLB (Zero lower bound) (61), 2SLS (5), and 3SLS (5).

Appendix 2: Table of contents of the book entitled financial econometrics, mathematics and statistics (Springer, 2019)

Chapter 1: Introduction To Financial Econometrics, Mathematics, and Statistics

2.1 PART I: regression and financial econometrics

Chapter 2: Multiple Linear Regression

Chapter 3: Other Topics in Applied Regression Analysis

Chapter 4: Simultaneous Equation Models

Chapter 5: Econometric Approach to Financial Analysis, Planning, and Forecasting

Chapter 6: Fixed Effects versus Random Effects in Finance Research

Chapter 7: Alternative Methods to Deal with Measurement Error

Chapter 8: Three Alternative Methods in Testing Capital Asset Pricing Model

Chapter 9: Spurious Regression and Data Mining in Conditional Asset Pricing Model

2.2 PART II: Time-Series Analysis and Its Applications

Chapter 10: Time Series: Analysis, Model, and Forecasting

Chapter 11: Hedge Ratio and Time-Series Analysis

2.3 PART III: Statistical Distributions, Option Pricing Model and Risk Management

Chapter 12: The Binomial, Multinomial Distributions, and Option Pricing Model

Chapter 13: Two Alternative Binomial Option Pricing Model Approaches to Derive Black-Scholes Option Pricing Model

Chapter 14: Normal, Lognormal Distribution, and Option Pricing Model

Chapter 15: Copula, Correlated Defaults, and Credit VaR

Chapter 16: Multivariate Analysis: Discriminant Analysis and Factor Analysis

2.4 PART IV: Statistics, Ito’s calculus and option pricing model

Chapter 17: Stochastic Volatility Option Pricing Models

Chapter: 18 Alternative Methods to Estimate Implied Variance: Review and Comparison

Chapter 19: Numerical Valuation of Asian Options with Higher Moments in the Underlying Distribution

Chapter 20: Ito’s Calculus: Derivation of the Black–Scholes Option Pricing Model

Chapter 21: Alternative Methods to Derive Option Pricing Models

Chapter 22: Constant Elasticity of Variance Option Pricing Model: Integration and Detailed Derivation

Chapter 23: Option Pricing and Hedging Performance under Stochastic Volatility and Stochastic Interest Rates

Chapter 24: Nonparametric Method for European Option Bounds

Appendix 3: Table of contents of handbook of financial econometrics and statistics (Springer, 2015)

Experience, Information Asymmetry, and Rational Forecast Bias

An Overview Of Modeling Dimensions For Performance Appraisal Of Global Mutual Funds

Simulation as a Research Tool for Market Architects

The Motivations for Issuing Putable Debt: An Empirical Analysis

Multi Risk-Premia Model of US Bank Returns: An Integration of CAPM and APT

Non-Parametric Bounds for European Option Prices

Can Time-Varying Copulas Improve Mean–Variance Portfolio?

Determinations of Corporate Earnings Forecast Accuracy: Taiwan Market Experience

Market-Based Accounting Research (MBAR) Models: A Test of ARIMAX Modeling

An Assessment of Copula Functions Approach in Conjunction with Factor Model in Portfolio Credit Risk Management

Assessing Importance of Time-Series versus Cross-Sectional Changes in Panel Data: A Study of International Variations in Ex-Ante Equity Premia and Financial Architecture

Does Banking Capital Reduce Risk? An Application of Stochastic Frontier Analysis and GMM Approach

Evaluating Long-Horizon Event Study Methodology

The Effect of Unexpected Volatility Shocks on Intertemporal Risk-Return Relation

Combinatorial Methods for Constructing Credit Risk Ratings

Dynamic Interactions between Institutional Investors and the Taiwan Stock Exchange Corporation: One-regime and Threshold VAR Models

Methods of Denoising Financial Data

Analysis of Financial Time-Series using Fourier and Wavelet Methods

Composite Goodness-of-Fit Tests for Left Truncated Loss Sample

Effect of Merger on the Credit Rating and Performance of Taiwan Security Firms

On-/off-the-Run Yield Spread Puzzle: Evidence from Chinese Treasury Markets

Factor Copula for Defaultable Basket Credit Derivatives

Panel Data Analysis and Bootstrapping: Application to China Mutual Funds

Market Segmentation and Pricing of Closed-end Country Funds: An Empirical Analysis

A comparison of portfolios using different risk measurements

Using Alternative Models and a Combining Technique in Credit Rating Forecasting — An Empirical Study

Can we use the CAPM as an investment strategy? An intuitive CAPM and efficiency test.

Group Decision Making Tools for Managerial Accounting and Finance Applications

Statistics Methods Applied in Employee Stock Options

Structural Change and Monitoring Tests

Consequences of Option Pricing of a Long Memory in Volatility

Seasonal aspects of Australian electricity market

Pricing commercial timberland returns in the United States

Optimal Orthogonal Portfolios with Conditioning Information

Multi-factor, Multi-indicator approach to asset pricing: method and empirical evidence

Binomial OPM, Black–Scholes OPM and Their Relationship: Decision Tree and Microsoft Excel Approach

Dividend payments and share repurchases of U.S. firms: An econometric approach

Term Structure Modeling and Forecasting Using the Nelson-Siegel Model

The intertemporal relation between expected return and risk on currency

Quantile Regression and Value-at-Risk

Earnings Quality and Board Structure: Evidence from South East Asia

The Rationality and Heterogeneity of Survey Forecasts of the Yen-Dollar Exchange Rate: A Reexamination

Stochastic Volatility Structures and Intra-Day Asset Price Dynamics

Optimal Asset Allocation under VaR Criterion: Taiwan Stock Market

Applications of Switching Model in Finance and Accounting

Matched Sample Comparison Group Analysis

A Quasi-Maximum Likelihood Estimation Strategy for Value-at-Risk Forecasting: Application to Equity Index Futures Markets

Computer Technology for Financial Service

Long-Run Stock Return and the Statistical Inference

Value-at-Risk Estimation via a Semi-Parametric Approach: Evidence from the Stock Markets

Modeling Multiple Asset Returns by a Time-Varying t Copula Model

Internet Bubble Examination with Mean–Variance Ratio

Quantile Regression in Risk Calibration

Strike Prices of Options for Overconfident Executives

Density and Conditional Distribution Based Specification Analysis

Assessing the Performance of Estimators Dealing with Measurement Errors

Realized Distributions of Dynamic Conditional Correlation and Volatility Thresholds in the Crude Oil, Gold and Dollar/Pound Currency Markets

Pre-IT policy, Post IT policy and the Real Sphere in Turkey?

The Determination of Capital Structure: A LISREL Model Approach

Evidence on Earning Management by Integrated Oil and Gas Companies

A comparative study of two models SV with MCMC algorithm

Internal Control Material Weakness, Analysts’ Accuracy and Bias, and Brokerage Reputation

What Increases Banks’ Vulnerability to Financial Crisis: Short-Term Financing or Illiquid Assets?

Accurate Formulae for Evaluating Barrier Options with Dividends Payout and the Application in Credit Risk Valuation

Pension Funds: financial econometrics on the herding phenomenon in Spain and the United Kingdom

Estimating the Correlation of Asset Returns: A Quantile Dependence Perspective

Multi-Criteria Decision Making for Evaluating Mutual Funds Investment Strategies

Econometric Analysis of Currency Carry Trade

Evaluating the Effectiveness of Futures Hedging

Analytical bounds for Treasury bond futures prices

The Rating Dynamics of Fallen Angels and Their Speculative Grade-Rated Peers: Static versus Dynamic Approach

The roles of compensation scheme of portfolio managers, wealth and supply constraints, and the relative risk aversion of traders in the creation and control of speculative bubbles

Range Volatility: A Review of Models and Empirical Studies

Business Models: Applications to Capital Budgeting, Equity Value, and Return Attribution

VAR Models: Estimation, Inferences, and Applications

Model Selection for High-Dimensional Problems

Hedonic Regression Models

Optimal Payout Ratio under Uncertainty and the Flexibility Hypothesis: Theory and Empirical Evidence

Modeling Asset Returns with Skewness, Kurtosis, and Outliers

Alternative Models for Estimating the Cost of Equity Capital for Property/Casualty Insurers: Combined Estimator Approach

A VG-NGARCH Model for Impacts of Extreme Events on Stock Returns

Risk-Averse Portfolio Optimization via Stochastic Dominance Constraints

Implementation Problems and Solutions in Stochastic Volatility Models of the Heston Type

Stochastic Change-Point Models of Asset Returns and Their Volatilities

Unspanned Stochastic Volatilities and Interest Rate Derivatives Pricing

Alternative Equity Valuation Models

Time Series Models to Predict the Net Asset Value (NAV) of an Asset Allocation Mutual Fund VWELX

Discriminant Analysis and Factor Analysis: Theory And Method

Implied Volatility: Theory and Empirical Method

Measuring Credit Risk in a Factor Copula Model

Instantaneous Volatility Estimation by Nonparametric Fourier Transform Methods

A Dynamic CAPM with Supply Effect Theory and Empirical Results

A Generalized Model for Optimum Futures Hedge Ratio

Instrument Variable Approach to Correct for Endogeneity in Finance

Application of Poisson Mixtures in the Estimation of Probability of Informed Trading

CEO stock options and analysts’ forecast accuracy and bias

Option Pricing and Hedging Performance under Stochastic Volatility and Stochastic Interest Rates

Appendix 4: Essentials of excel, excel VBA, SAS and Minitab for statistical and financial analysis (Springer, 2016)

4.1 part a: statistical analysis.

Data Collection, Presentation, and Yahoo Finance

Histograms and the Rate of Returns of JPM and JNJ

Numerical Summary Measures on Rate of Returns of Amazon, Walmart, and the S&P 500

Probability Concepts and Their Analysis

Discrete Random Variables and Probability Distributions

The Normal and Lognormal Distributions

Sampling Distributions and Central Limit Theorem

Other Continuous Distributions

Hypothesis Testing

Analysis of Variance and Chi Square Tests

Simple Linear Regression and the Correlation Coefficient

Simple Linear Regression and Correlation: Analyses and Applications

Multiple Linear Regression

Residual and Regression Assumption Analysis

Nonparametric Statistics

Time Series: Analysis, Model, and Forecasting

Index Numbers and Stock Market Indexes

Sampling Surveys: Methods and Applications

Statistical Decision Theory

4.2 Part B: advanced applications of microsoft excel programs in financial analysis

Introduction to Excel Programming

Introduction to VBA Programming

Professional Techniques Used in Excel and Excel VBA Techniques

Binomial Option Pricing Model Decision Tree Approach

Microsoft Excel Approach to Estimating Alternative Option Pricing Models

Alternative Methods to Estimate Implied Variance

Greek Letters and Portfolio Insurance

Portfolio Analysis and Option Strategies

Simulation and Its Application

4.3 Part C: applications of simultaneous equation in finance research: methods and empirical results

Application of Simultaneous Equation in Finance Research: Methods and Empirical Results

Hedge Ratios: Theory and Applications

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Lee, C.F. Financial econometrics, mathematics, statistics, and financial technology: an overall view. Rev Quant Finan Acc 54 , 1529–1578 (2020). https://doi.org/10.1007/s11156-020-00883-z

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Published : 22 April 2020

Issue Date : May 2020

DOI : https://doi.org/10.1007/s11156-020-00883-z

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• The economics of professional football contracts
• Professional hockey- skill, performance, and earnings

Financial Econometrics Research Topics

There are numerous topics for econometrics research papers. We have made it hassle-free for you to pick one for your next research work. Here are some econometrics topics research papers below.

• Latest statistical tools for financial econometrics
• A study on multiple regression model and its applications
• What to learn from recent financial crises
• Monetary policy- structuring and implementation
• Cashless policy and its impact on the economy
• The loan markets-A critical look and survey
• Bank regulation and policy-the impact on the economy

Micro Econometrics Topics Suggestions

Micro econometrics is an interesting area to make a presentation. To this end, we have picked out seven relevant topics in econometrics that pertain to micro econometrics. See them below!

• The methods and applications of micro econometrics
• Micro econometric modeling
• The role of the labor market in econometrics
• How labor supply impacts the local economy
• What is the spillover effect, and how does it affect econometrics?
• The application of panel data methods- a subsection of microeconomics
• Micro behavioral theory

Advanced Topics in Econometrics

Need some advanced econometrics topics? Here are some advanced econometrics research topics just for you.

• The study and application of theoretical econometrics
• General line model- definition, application, and relevance
• Applied econometrics- the key to converting qualitative economic statements into quantitative ones
• How productivity and goods production affects econometrics at the national level
• The theory of arbitrage pricing
• The impact of high or low demand of labor on the economy
• Theoretical statistics vs. Analytical statistics

Good Simple Econometric Research Topics

Need some good econometrics topics that are easy to work on? Below are some simple topics in econometrics for your research!

• The various concepts of stochastic processes
• Accurate prediction of stochastic processes
• Line time series model- its definition, estimation, and application
• The purpose of dynamic econometric models
• Multiple time series model- a critical approach to determine its application
• The relevance of vector autoregressive processes
• Causality and impulse-response analysis

Receive Your Econometrics Research Paper

Want someone to hand over simple research paper topics to you? The following are econometric paper topics selected for you!

• The state of the national economy
• InterInternal trades and local economic status
• The impact of importation and exportation on the local economy
• Supply and demand forecast
• A critique on international banks
• The foreign exchange market-how it relates to local businesses
• Business monopolies in the nation- a critical study

If you’re pursuing a thesis in the field of econometrics and find yourself in need of expert support, you might want to consider seeking professional assistance for writing your thesis. Our reputable academic writing services provide specialized help that can alleviate the challenges you may encounter during the thesis writing process. By requesting us to ‘ write my thesis for me ,’ you can tap into the expertise of experienced writers who possess in-depth knowledge of econometrics. Our experts will guide you through the intricacies of data analysis, statistical modeling, and hypothesis testing, ensuring that your thesis adheres to the highest academic standards

We believe you now have more than enough topics in econometrics in your arsenal. With these interesting econometric topics, you can make the best seminar presentations or research around econometrics! Have fun!

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Economics Undergraduate Honors Theses

Posted with permission of the author. © 2019-2022 by the individual author. All rights reserved.

• "The Causal Effect of ACA Subsidies on Insurance Coverage Status Among California Adults"  - William Vereyken
• "Economic Impacts of Immigration Detention Centers Built Between 1990-2016 on U.S. Commuting Zones"  - Ekaterina Yudina

Spring/Summer 2022

• "The Impact of Indiv. Mandate on High-Income, Non-elderly Indiv. Health Insurance Coverage Rates and Racial/Ethnic Disparities"  - YeJin Ahn
• "An Economic Analysis of the 1997 Amhara Land Redistribution in Ethiopia"  - Ezana Anley
• "Affirmative Action's Effect on Educational and Wage Outcomes for Underrepresented Minorities"  - Vishnu G. Arul
• "Are the Effects of Racism Really That Black and White? A Study on the Effect Racism Has on the Productivity of Black   Footballers in the Premier League"  - Advik Banerjee
• "An Empirical Analysis of Industrial Concentration and Prices: Can We Blame Inflation on Corporate Greed?"  - Anton Bobrov
• "Tax Revenue Cyclicality and Income Inequality: Evidence from U.S. Counties From 1989 to 2019"  - Yiyang Chen
• "The Impact of Economic Opportunities on African American Migration Patterns in Oakland"  - Fernando Cheung
• "Impact of Tech Companies on Wages in the Local Economy"  - Niki Collette
• "Warm Welcome: Evidence for Weather-based Projection Bias in College Choice"  - Maria Cullen
• "Impact of the Belt and Road Initiative on Bilateral Trade with China"  - Pedro de Marcos
• "Renaissance of the Black Homeowner: Impact Evaluation of Michigan's Renaissance Zones"  - Rupsha Debnath
• "Lockdown Blues: The Effect of Social Norms on the Psychological Cost of Unemployment During the COVID-19 Pandemic"  - Dylan Hallahan
• "How Education Affects Health Outcomes Across Genders"  - Jessica Li
• "Is Increasing Diversity Inclusion Effective in Improving Companies' Performance in the Financial Services Industry?"  - Miranda Li
• "The Future Financial Status of the Social Security Program"  - Chloe Manouchehri
• "Does Recreational Marijuana Legalization Affect Hard-Drug Use? - Evidence from Cocaine Prevalence and Treatment Admissions"  - Arthur Weiss
• "Relationship Between Economic Status and Money Spent on Private Education Leading to Economic Inequality in South Korea"  - Jiho Lee
• "The Impact of Migrant Remittances on Rural Labor Supply: Evidence from Nepal"  - Amanda Wong
• "Confirmation Bias: The Role of Messages and Messengers"  - Hongyu (Randol) Yao

Spring 2021

• "Gender Equality and Economic Growth: Solving the Asian Puzzle"  - Zoya Ali
• "Women in STEM: Moving Up or Falling Off the Academic Career Ladder?"  - Sophia J. Bai
• "Time Dependence in Okun's Law at the State Level" - Sarah Baig
• "Labor Regulation and the Impact on Firm Behavior in India" - Vatsal Bajaj
• "Gender Representation in Academia: Evidence from the Italian Education System Reform" - Oyundari Batbayar
• "Money & Marriage on the Elementary Mind: A High-Level Analysis of Inequitable Child Development in LA County" - Matthew J. Chang
• "Unanticipated Unemployment Rate News on the Stock Market" - David Chi
• "Should Physicians Be More Collaborative? Determining the Relationship Between Patient Participation and Treatment Plan Confidence Across a Spectrum of Illness Severity in the State of California" - Saif Chowdhury
• "Modeling Optimal Investment and Greenhouse Gas Abatement in the Presence of Technology Spillovers" - Sabrina Chui
• "Understanding the Influence of Marginal Income Tax Rates on Retirement Investment Habits"  - Daniel Cohen
• "Infrastructure in India's Internal War: A District-Level Analysis of the Naxalite-Maoist Conflict" - Krunal Desai
• "Do Eucalyptus Trees Increase Wildfires?"  - Lila Englander
• "Understanding the Labor Outcomes of Hurricane Sandy" - Kevin Fang
• "Does TikTok Show Viewers the Content Relevant to them?" - Ekaterina Fedorova
• "The Impact of the Affordable Care Act Dependent Care Provision on Long-term Young Adult Labor Market Choices" - Anne Fogarty
• "Orchestra Sex Disparity: Experimental Evidence from Audience Members" - Richard Gong
• "The Big Three Medical Price Indexes: A Comparative Review and Analysis"  - Robert Hovakimyan
• "Effect of Value-Added-Services on Customer Reviews in a Platform Marketplace" - Shankar Krishnan
• "COVID19 Recession: Gender Layoff Gap Explodes" - Ember Lin-Sperry
• "The Gender Wage Gap in China: Learning from Recent Longitudinal Data" - Donghe Lyu
• "Local Graduation Policies as a Tool for Increasing College Eligibility: Evidence from Los Angeles" - Dan L. Ma
• "Trust in Government and Lockdown Compliance in Sub-Saharan Africa" - Charles McMurry
• "I Do (or Don't): The Impact of Same-Sex Marriage Laws on International Tourism" - Oliver McNeil
• "International Shipping Consequences of a Navigable Arctic" - Jack Melin
• "Investigating Dollar Invoicing Trends Using United Kingdom Export Data" - Aneesh Nathani
• "Micro-Level Impact of Initial Public Offerings on Bay Area Housing Inflation" - Mina Nezam-Mafi
• "Explaining EU's Oil Dependency Through the Response of the Portuguese Sector Indexes to Brent Oil Prices Fluctuations" - Pedro S. Nunes
• "Dynamic Incentives and Effort Provision in Professional Tennis Tournaments" - Ruiwen Pan
• "Examining the Effects of Minimum Wage Laws on Part-Time Employment" - Odysseus Pyrinis
• "The Great Indian Identity Crisis? Exclusions & Intersectionality in the Indian Aadhaar System" - Aditi Ramakrishnan
• "The 'Clutch Gene' Myth: An Analysis of Late-Game Shooting Performance in the NBA"  - Can Sarioz
• "Estimating the Impact of Artificial Intelligence on Jobs Within the Healthcare Industry" - Sidharth Satya
• "Factors Influencing Telehealth Utilization: Evidence from California" - Emily Schultz
• "Cash and Conflict: Evidence from the Indian Banknote Demonetization" - Nachiket Shah
• "Determinants of the Number of Anti-Government Demonstrations: Evidence from OECD Countries" - Nina Singiri
• "Hygiene Heroes: A Process Evaluation of Promoting Hygiene Practices in Tamil Nadu Schools" - Malika Sugathapala
• "Exploring the Labour Patterns of Women and Mothers Through the COVID-19 Pandemic: The Impact of School Closures and a New Kind of Recession"  - Renee Isabel Utter
• "How Have Socioeconomic Achievement Determinants Changed in the Past Decade for First-Generation Chinese Immigrants in the U.S." - Haolin Wang
• "The Impact of Quarantining on School Enrollment: Evidence from the Ebola Epidemic in Sierra Leone" - David Willigrod
• "Weeding out Needy Households and Welcoming the Better Off? Impacts of Transactional Barriers on SNAP Participation Rates" - Kevin Woo
• "Are Soccer Teams Being Inefficient? An Analysis of Sunk Cost Fallacy and Recency Bias Using Transfer Fee" - Junru Lyu
• "The Effects of Access to Family Planning Facilities on Female Labor Market Outcomes"  - Marcus Sander
• "Macroeconomic Volatility at the Zero Lower Bound: Evidence from the OECD" - Anthony Swaminathan
• "How are Society's Conditions and Demographics Related to the Popularity of Chief Executive Carrie Lam  and the Hong Kong Government"  - Peter To

Spring/Summer 2020

• "Parental Involvement: The Differential Impacts of Consent and Notice Requirements for Minors' Abortions" - Angela Ames
• "Examining Local Price Levels and Income Distribution Over Time" - Josh Archer
• "Estimating the Effect of Grandparent Death on Fertility" - Jason Chen
• "Democracy in the Face of COVID-19: Have Less Democratic Countries Been More Effective at Preventing the Spread of This Pandemic ?" - Yi Chen
• "Understanding the Effects of Conditional Cash Transfers on Indigenous People in Mexico" - Arushi Desai
• "Microfinance and Payday Lending: Are they Solving a Problem or Creating One?" - Sophia Faulkner
• "The Risk-Taking Channel of Monetary Policy and Foreign Banks" - Noah Forougi
• "Ride of Die? Metropolitan Bikeshare Systems and Pollution" - Sean Furuta
• "Internet's Important Involvement in Information Industry Integration in Idaho, Iowa, Illinois, Indiana (and others): How the emerging internet affected the economic geography of the information industry" - Keming (Alex) Gao
• "The Relationship between Economic Crises and Long-Run Wealth Inequality" - Renuka Garg
• "Voter Bias in the Associated Press College Football Poll : Reconducting a 2009 study with new data in a $1 Billion-dollar industry that has seen significant changes in the past decade"  - Brent Hensley
• "Monopsony Exploitation in Major League Baseball: Using Wins Above Replacement to Estimate Marginal Revenue Product" - Jacob C. Hyman
• "The Relationship Between Currency Substitution and Exchange Rate Volatility" - Jewon Ju
• "Efficiency, Bias, and Decisions: Observations from a Sports Betting Exchange" - Alexander Kan
• "The Effect of Medicaid Expansion on Substance Use Disorder Treatment Utilization: Evidence from the Affordable Care Act" - Christy Kang
• "Analyzing the Relationship between Personal Income Tax Progressivity and Income Inequality" - Gevorg Khandamiryan
• "The Effects of Occupancy Taxes on the Short-Term Rental Market: Evidence from Boston" - Alan Liang
• "Corporate Types and Bank Lending in Contractionary Era: Evidence from Chinese Listed Companies" - Zishen Liu
• "Financial Constraints on Student Learning: An Analysis of How Financial Stress Influences Cognitive Function in Children" - Simone Matecna
• "The Effect of Workplace Inspections on Employment and Sales - A Regression Discontinuity Analysis" - Jeseo Park
• "Lending Sociodynamics, Economic Instability, and the U.S. Farm Credit Crisis" - Erfan Samaei
• "The Effect of Intangible Assets on Value Added: Evidence from microdata across small and large firms in Europe" - Tamara Sequeira
• "Price Efficiency Differences Between Public and Private Utilities: An Empirical Analysis of US Electric Utilities" - Yechan Shin
• "Effect of Campus Shootings on Academic Achievement: Examination of 2014 Isla Vista Killings" - Min Joo (Julie) Song
• "First-Degree Price Discrimination: Evidence from Informal Markets in India" - Rishab Srivastava
• "Who Benefits From Gentrification? A Case Study of Oregon Public High Schools" - Namrata Subramanian
• "Estimating the Economic Impacts of Wealth Taxation in France" - Jeffrey Suzuki
• "Transit-Oriented Development or Transit-Oriented Displacement? Evaluating the Sorting Effect of Public Transportation in Los Angeles County" - Yeeling Tse
• "How State Abortion Policy Restrictiveness is Associated with Unintended Pregnancy Outcomes in the United States from 2014-2018" - Ruhee Wadhwania
• "Global Food Security and the El Niño-Southern Oscillation"  - Aidan Wang
• "The Relationship Between Pharmaceutical R&D Spending and NME Development" - Taylor Wang
• "The Role of Individual Risk Attitude in Occupational Inheritance" - Yi Wang
• "Labor Market Segmentation: Evidence from U.S. Janitorial Jobs Advertised in English and Spanish" - Zijun Xu
• "Bias on the Brain: How Patient Gender Influences Use of Emergency Room Diagnostic Imaging" - Abigail Zhong
• "Age Effects, Irrationality and Excessive Risk-Taking in Supposedly Expert Agents" - William Aldred
• "Pricing Disparities for Minority Communities in Chicago: Rideshares and Taxis" - Matthew Cleveland
• "Where My Negros At? Evaluating the Effects of Banning Affirmative Action on Black College Enrollment" - Ellie Koepplinger
• "Race and Recession: How Minorities May Affect Downturns" - Alexander Szarka
• "Understanding the Effects of Canadian International Food Aid on Production and Trade" - Patrick D. Tagari
• "Urban Property Rights and Labor Supply in Peru: Heterogeneity Analysis by Gender and Educational Attainment" - Juan Sebastián Rozo Vásquez
• "Effect of High-Speed Rail on City Tourism Revenue in China: A Perspective on Spatial Connectivity" - Lingyun Xiao

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102 Best Econometrics Research Topics

College and university professors require students to write about econometrics research topics to gauge their comprehension of the relationship between mathematical economics, statistics, and economics.

The purpose of this integration is to provide numerical values to economic relationships and parameters. Usually, econometrics involves economic theories and their presentation in mathematical forms and the empirical study of business. Perhaps, this integration explains why some students struggle to choose topics for research in econometrics.

What Is Econometrics?

As hinted, econometrics is an economics branch that focuses on the relationships between economics, statistics, and mathematical economics. Ideally, econometrics entails the quantitative application of mathematical and statistical models using data to test hypotheses and develop economic theories while forecasting future trends based on historical data. Econometricians subject real-world data to various statistical trials while comparing and contrasting the results against the idea under examination.

Writing an econometric research paper is a process that starts with the selection of an interesting topic. Once you’ve chosen a title and the supervisor approves it, embark on extensive research using the prompt from your teacher. Proceed by gathering and analyzing all relevant information from different sources. Engaging in in-depth study and comprehensive analysis will enable you to write an informative paper that will compel the educator to award you the best grade in your class. Below are the steps to follow to write a high-quality econometric thesis or essay.

Write the introduction: Introduce your econometrics topic and tell the audience why it’s crucial. Also, include a thesis statement summarizing the entire paper. Describe the theoretical model: Tell the readers about the theoretical models to structure the empirical work. Present the data: Describe the data, whether time series or cross-sectional. Use descriptive statistics data and graphics if possible. Present the empirical model: Explain the model you intend to estimate and the functional form you intend to use. Present your empirical results: This section presents empirical results using a table to summarize them. Conclude the paper: Describe lessons from the research and state whether it supports the theory. Also, suggest approaches for future research on the topic.

Your paper should also include a reference section comprising the information sources you used to gather data.

Interesting Econometrics Paper Topics

Maybe you know the process of writing a paper on an econometrics topic but don’t have an idea to explore. If so, consider these exciting econometrics paper ideas.

• How privatizing public enterprises could affect economic development and policy
• Cashless economy: How demonetization affects medium and small businesses
• How Gini index dynamics reflect the income inequality problem
• Consumption evolution over the last decade: Consumer behavior and trends
• Investigating salary inequalities and the forces behind them
• How income changes affect consumer choices
• How does allowing the labor force to participate in public budgeting affect the economy
• How the marital status affect the labor force composition
• How consumption attitudes have changed over the last decade
• How economic convergence relates to salary levels
• How income affects life insurance
• The consequences of leaving the rat race
• Testing Okun’s Law in the U.S
• Analysis of spending on disposable income and imports
• Comparing the unemployment rate in the United States to the rest of the world
• Regional labor mobility and unemployment
• Stock market evolution: Analyzing the causes and effects
• How internet productivity relate to connectivity in the workplace
• How currency devaluation affects medium and small companies
• How government spending and inflation relate in an economy
• The relationship between stock prices and inflation in a country
• How income tax revenue affects a developing economy
• How government expenditure affects economic growth
• Factors contributing to the global recession
• How a country’s unemployment rate relates to economic growth

Any of these topics can be an excellent basis for an econometrics paper. However, you require extensive research about any of these topics to develop a winning thesis.

Undergraduate Econometrics Project Ideas

Maybe your school or faculty requires you to write an econometrics paper to graduate from university. In that case, consider these econometrics research topics for undergraduates.

• Analyzing the impact of income inequality on the poverty level
• Analyzing gender differences in education between developing and developed countries
• How immigration affects unemployment in the European Union
• How economic growth relates to trade
• Are immigrants more in countries with a high income?
• How high taxations affect GSP
• Analyzing the relationship between local income level and house prices
• How income, education, and life expectancy affect the human development index
• How inflation affects national savings
• How life expectancy relates to national income
• How financial development affects the economic growth of a country
• Crime index versus the average education years
• Investigating the correlation between youth unemployment and minimum wage
• How economic prosperity relate to government systems
• Economic factors that affect housing prices in the United States
• Economic factors contributing to homelessness in the U.S
• Socioeconomic and economic determinants of infant mortality
• Econometric analysis: Impact of trade barriers
• Why matching methods are essential in econometrics
• How a randomized experiment can aid econometrics
• Why instrumental variables matter in econometrics
• Can experts predict the future using econometrics?
• Econometrics as a numerical estimates source for economic relationship variables
• Ways of testing economic theories that econometricians present
• Regression discontinuity: Describe its application

These are great ideas to consider for an econometrics project. Nevertheless, you require sufficient time to research any of these topics and write a winning essay or dissertation.

Easy Econometric Research Topics

Perhaps, you need an easy topic for an econometrics paper. Maybe you have a short time to complete your assignment. In that case, these econometrics topics are ideal for you.

• Theory suggestion- The initial econometrics methodology step
• Why estimating variables is important
• The importance of Proof-reading once you have evaluated the variables
• Why testing a hypothesis matters
• The impact of poverty on education
• How poverty relates to childhood obesity
• Human development and income inequality
• The link between religion and ideologies on a country’s economy
• Income and importation- How do they connect?
• Personal income and life expectancy- What is the connection?
• The effects of minimum wage on unemployment
• Investigating monetary policies and bank regulations
• A study of the economies of scale
• The impact and relevance of comparative institutional economics
• Analyzing the effect of making a company international
• Studying the macroeconomics of rare events
• Investigating customer behavior towards green products
• Trade patterns: Investigating different trade patterns and their applications
• Different stochastic processes concepts
• Accurate stochastic processes prediction

Any of these topics can be a sound basis of a simple paper. Nevertheless, you still require time to research the idea and analyze data to develop a quality paper.

Financial Econometrics Research Paper Topics

Perhaps, you want to write an academic paper about a financial econometrics topic. If so, consider these ideas.

• How does bank regulation affect the economy?
• A critical look into the loan markets
• How a cashless policy affects the economy
• Structure and implementation of the monetary policy
• Lessons to learn from financial crises
• Investigating regression models
• Statistical tools in the financial econometrics

These are good topics to explore in financial econometrics. However, follow the prompt from your teacher to write an impressive paper.

Econometrics Empirical Project Ideas FExor Ph.D. Level

Maybe you’re pursuing your Ph.D. and want to write a dissertation about an econometrics topic. In that case, this category comprises excellent ideas for you.

• Analytical statistics versus theoretical statistics
• The effects of the low and high demand of labor on an economy
• The arbitrage pricing theory
• How goods production and productivity affect econometrics at a national level
• Applied econometrics- Its essence in turning qualitative economic ideas into quantitative ones
• Definition, relevance, and application of the general line model
• Theoretical econometrics’ study and application
• The macro behavioral theory
• Panel data methods applications- A microeconomics subsection
• The impacts of the spillover effect on econometrics
• The impact of labor supply on a local economy
• Why labor markets are essential to econometrics
• What is micro-econometrics modeling?
• Micro-econometrics methods and applications
• Statistical tools and their use in financial econometrics

This list also has fantastic economics paper topic ideas. But like the topics in the other sections, each of these notions requires extensive research to write a quality paper.

Exciting Econometrics Questions

Maybe you need a question to serve as the basis of your econometrics research. In that case, here are exciting queries to inspire you.

• What is the current state of your country’s economy?
• What’s the difference between the current state of the local and international trades?
• What are the latest forecasts for the global economy?
• How do the foreign exchange market and the local businesses relate?
• What’s the impact of exportation and importation on the local economy?
• How do businesses monopolies affect a country’s economy?
• What are the effects of international banks on the local banking sector?
• How does population growth affect economic development?
• How can a natural disaster affect an emerging economy?
• What techniques do companies use to “nudge” consumers into spending more?

This comprehensive list has some of the best econometrics ideas for essays and research papers. Nevertheless, having a topic is not a guarantee that you’ll write a good essay. You might still need help with your assignment after choosing a topic.

Get Help With Thesis About Econometrics Topic

Our crew comprises the most skilled, talented, and experienced econometrics writers. These professionals have helped many students complete their econometrics papers on varied topics. If stuck with an econometric essay or an MBA thesis , for example, and require a cheap dissertation writing service , our native, educated experts can help you. We’re the most knowledgeable econometrics writers online. Contact us now to get a custom, high-quality research paper on any econometrics topic!

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Information

At our chairs, we are pleased to supervise your bachelor and master thesis as well as project studies.  

Topic assignment

We always discuss the search for topics with you individually. We welcome your personal suggestions on specific topics for the thesis. We support you in the further development of initial ideas on an exciting research topic. However, you can also apply for advertised thesis topics. Here you can also find examples of theses that have already been completed.

Supervision

The final theses are supervised by Prof. Trede, Prof. Wilfling and the academic staff. If you would like to write your thesis with us, please contact us via the  information card . For further questions, please contact  Susanne Deckwitz or  Andrea Rüschenschmidt .

Our notes on the procedure refer to the bachelor and master thesis as well as the project studies. The empirical results of your project studies can serve as the basis for your master thesis. Ideally, you should contact us first before registering your thesis with the examination office. 

In a first meeting, possible topics for the paper are discussed, then put in concrete terms and a supervisor is furthermore found. From now on, the scope, goals and further details of the paper are agreed upon. Registration with the examination office takes place and the binding start date is determined. This is then also the starting point for your thesis in close coordination with your supervisor. You are not bound to any formal requirements regarding the paper, but we will be happy to provide you with templates.

List of completed theses

• „Analysis of inheritance and consumption based on HFCS data“ - 11/2022
• „Correlation of stock market returns in different time zones“ - 07/2022
• „Estimation of age-dependent excess mortality using the mortality tables of the Federal Republic of Germany“ - 04/2022
• „The survival of a cartel as a function of the number of companies involved and their qualitative heterogeneity: An empirical analysis of cartel cases detected by the EU Competition Authority“ - 02/2022
• „Does wage transparency reduce the Gender Pay Gap in Germany?“ - 01/2022
• „Analysis of donation behavior in Germany“ - 01/2022
• „Randomized response techniques in online surveys“ - 01/2022
• „INARMA-models - parameter estimation by indirect inference“ - 10/2021
• „Robust fitting of INGARCH processes - a generalized method of moments approach“ - 10/2021
• „Non-parametric Machine Learning regression under misspecification“ - 09/2021
• „A panel data analysis of the Environmental Kuznets Curve hypothesis considering schooling“ - 02/2023
• „Forecasting of crude oil price volatility using GARCH-MIDAS approach“ - 12/2022
• „Behavioral economics and policy solutions - An economic analysis of the COVID-19-pandemic in Germany“ - 09/2022
• „Hierarchical time series forecasting of business revenues using the example of Telekom Deutschland GmbH“ - 09/2022
• „Solving real business cycle models with Deep Reinforcement Learning“ - 09/2022
•  „Man-made fire risk under Solvency II“ - 07/2022
• „Operational risks in commercial banks and Machine Learning“ - 06/2022
• „Deep Reinforcement Learning Portfolio optimization on Cryptocurrency Markets“ - 06/2022
• „Estimating risks of portfolio: A Copula approach“ - 06/2022
• „The European monetary union and the importance of an economic convergence in times of crisis“ – 04/2022

Announced theses

Prof. Dr. Mark Trede  

Areas for bachelor thesis :

 Inheritance and consumption

 Descriptive analysis of the reaction of rich taxpayers to tax changes

 Income distribution in Germany considering housing costs

 Development of housing costs

 Time zones and stock exchanges

 Tuition fees and wage distribution

 Are subjectively expected income fluctuations autoregressive?

Duration of work and wage level

Areas for master thesis :

       1.  Structural microsimulations

       2.  Return modelling

       3.  Misspecified state space models

       4.  Forecast models for commodity prices

       5.  Education and economic shocks

       6.  Multivariate density forecast

       7.  Income mobility

You can find more detailed information on each topic here .

Prof. Dr. Bernd Wilfling 

Area for bachelor and master thesis:

            Financial Econometrics

Dr. Andrea Beccarini​

Master theses:

•   Economics and pandemic: a broad overview of the related microeconomic, macroeconomic, financial and policy aspects
•  Economics and pandemic: from the Microeconomic analysis to the economic policy solutions
•   Economics and pandemic: from dynamic aspects to the economic policy solutions
•   Quantifying and internalizing the externalities due to the pandemic
•   Designing a better welfare state
•   The volatility in financial markets during the pandemic
•   Investment, uncertainty and the pandemic
•   Investing in startups: risks and opportunities due to the pandemic
•   The uneven effects of the pandemic on economic and/or financial sectors
•   Labor market restructuring due to the pandemic
•   Which labor market reforms for the era after the pandemic?
•   The ECB monetary policy in times of the pandemic
•   Then nonconventional ECB monetary policy
•   The Next generation EU plan and the pandemic
•   The German fiscal policy during the pandemic
•   Redesigning the Stability and Growth Path
•   Toward a fiscal European Union  

​ Gaygysyz Guljanov, M.Sc.

            Estimation of DSGE models 

Stella Martin, M.Sc.

Areas for bachelor and master thesis:

 Applied Microeconometrics

 Labour Economics

 Treatment Evaluation

Verena Monschang, M.Sc.

Friederike Schmal, M.Sc.

•  Labour market, local labour markets
•  Optimisation algorithms
•  Employment biographies
•  (Income-) inequality

Björn Schulte-Tillmann, M.Sc.

Dr. Mawuli Segnon

Areas for bachelor and master thesis:   

•  Forecasting Financial Market Volatility
•  Risk Management
•  High-Frequency Financial Market Data
•  Quantitative Macroeconomics
•  Quantitative Energy Economics
•  Machine Learning

Kevin Stabenow, M.Sc.  

•  Gender-specific labour market decisions
•  Inequality of income
•  Inequality of assets

Manuel Stapper, M.Sc.   

• Count Data in Econometrics
• Disease Spread
• Machine Learning Methods

• Corpus ID: 154372265

Master Thesis in Financial Economics

• Diawoye Fofana , Daniel Wiberg , A. Högberg
• Published 2010

24 References

Historical monetary policy analysis and the taylor rule, making monetary policy: objectives and rules, uncertainty and the effectiveness of policy, a positive theory of monetary policy in a natural rate model, a monetary history of the united states, 1867-1960., central banking in theory and practice, an historical analysis of monetary policy rules, monetary theory and policy, potential growth of the japanese and u.s. economies in the information age, monetary policy rules based on real-time data, related papers.

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134 Economics Thesis Topics: Ideas for Outstanding Writing

Writing a thesis is not an easy task. For most of the students, it can be even intimidating, especially when you do not know where to start your research.

Here, we have provided an economics thesis topics list. After all, everyone knows that choosing the right idea is crucial when writing an academic paper. In economics, it can combine history, math, social studies, politics, and numerous other subjects. You should also have solid foundations and a sound factual basis for a thesis. Without these elements, you won’t be able to master your research paper.

The issue is:

It is not always clear what could be seen as an excellent economics thesis topic. Our experts can assist you with this challenge. This list contains some outstanding examples to get you started.

• ⭐ Thesis in Economics
• 🔥 Supreme Thesis Topics
• 👍 Bachelor’s Thesis
• 😲 Master’s Thesis

📊 Microeconomics

📈 macroeconomics.

• 🤔 Developmental
• 👨‍💼 Behavioral
• 💼 Financial
• 🌱 Agricultural
• 🤝‍ Sociology
• 📚 Ph.D. Topics
• 📝 How to Pick a Topic

⭐ What Does a Thesis in Economics Look Like?

A good thesis in economics is a blend between an empirical paper and a theoretical one. One of the essential steps in choosing a topic in economics is to decide which one you will write.

You may write, research, analyze statistical data and other information. Or build and study a specific economic model.

Or why not both!

Here are some questions you can ask when deciding what topic to choose:

• What has already been written on this topic?
• What economic variables will my paper study?
• Where should I look for the data?
• What econometrics techniques should I use?
• What type of model will I study?

The best way to understand what type of research you have to do is to write a thesis proposal. You will most probably be required to submit it anyway. Your thesis supervisor will examine your ideas, methods, list of secondary and primary sources. At some universities, the proposal will be graded.

After you get the initial feedback, you will have a clear idea of what to adjust before writing your thesis. Only then, you’ll be able to start.

🔥 Supreme Economics Thesis Topics List

• Fast fashion in India.
• The UK housing prices.
• Brexit and European trade.
• Behavioral economics.
• Healthcare macroeconomics.
• COVID-19’s economic impact.
• Global gender wage gap.
• Commodity dependence in Africa.
• International trade – developing countries.
• Climate change and business development.

👍 Economics Bachelor’s Thesis Topics

At the U.S. Universities, an undergraduate thesis is very uncommon. However, it depends on the Department Policy.

The biggest challenge with the Bachelor’s Thesis in economics concerns its originality. Even though you are not required to conduct entirely unique research, you have to lack redundant ideas.

You can easily avoid making this mistake by simply choosing one of these topics. Also, consider visiting IvyPanda essays database. It’s a perfect palce to conduct a brainstorming session and come up with fresh ideas for a paper, as well as get tons of inspiration.

• The impact of the oil industry on the economic development of Nigeria. The oil industry is vital for the economic development of Nigeria. In this thesis, students can discuss the notion of the resource curse. Analyze the reasons why general people are not benefiting from the oil industry. Why did it produce very little change in the social and economic growth of the country?
• Sports Marketing and Advertising: the impact it has on the consumers.
• Economic opportunities and challenges of investing in Kenya .
• Economic Development in the Tourism Industry in Africa. Since the early 1990s, tourism significantly contributed to the economic growth of African countries. In this thesis, students can talk about the characteristics of the tourist sector in Africa. Or elaborate on specific countries and how their national development plans look like.
• Globalization and its significance to business worldwide .
• Economic risks connected to investing in Turkey .
• The decline in employment rates as the biggest American economy challenge .
• The economics of alcohol abuse problems. In this thesis, students can develop several essential issues. First, they can examine how poverty is connected to alcohol abuse. Second, they can see the link between alcohol consumption and productivity. To sum up, students can elaborate on the economic costs of alcohol abuse.
• Causes and solutions for unemployment in Great Britain.
• Parallel perspective on Global Economic Order: China and America. This thesis can bring a comparative analysis of the economies to a new level. China and The US are the world’s two largest economies. These two countries have a significant impact on the global economic order. So, looking at the set of institutions, policies, rules can be constructive.
• The new international economic order after COVID-19
• Financial stability of the banking sector in China.
• New Electronic Payment Services in Russia.
• The influence of culture on different entrepreneurial behaviors.
• The impact of natural cultural practices on entrepreneurial activity.
• The relationships between national culture and individual behavior.
• The main reasons for salary inequalities in different parts of the U.S.

😲 Economics Master’s Thesis Topics

Student life can be fascinating, but it comes with its challenges. One of which is selecting your Master’s thesis topic.

Here is a list of topics for a Master’s thesis in economics. Are you pursuing MPhil in Economics and writing a thesis? Use the following ideas as an inspiration for that. They can also be helpful if you are working on a Master’s thesis in financial economics.

• The impact of visual aid in teaching home economics.
• The effect of income changes in consumer behaviors in America.
• Forces behind socio-economic inequalities in the United States. This thesis can explore three critical factors for socio-economic differences in the United States. In the past 30 years, social disparities increased in the United States. Some of the main reasons are technology, trade, and institutions.
• The relationships between economic growth and international development.
• Technological innovations and their influence on green and environmental products.
• The economics of non-solar renewable energy .

• The economic consequences of terrorism . Terrorism not only takes away lives and destroys property but also widely affects the economy. It creates uncertainty in the market, increases insurance claims, slows down investment projects, and tourism. This thesis can address all of the ways in which terrorism can affect economies.
• Corporate Social Responsibility (CSR) implementation in the Oil and Gas Industry in Africa.
• Use of incentives in behavioral economics.
• Economic opportunities and challenges of sustainable communities .
• Economics of nuclear power plants.
• Aid and financial help for emerging markets. This topic is very versatile. Students can look at both the positive and the adverse effects that funding has on the development. There are plenty of excellent examples. Besides, some theories call international help a form of neocolonialism.
• Multinational firms impact on economic growth in America .
• The effect of natural disasters on economic development in Asia.
• The influence of globalization on emerging markets and economic development.

📑 More Economics Thesis Topics: Theme

For some students, it makes more sense to center their search around a certain subject. Sometimes you have an econ area that interests you. You may have an idea about what you want to write, but you did not decide what it will be.

If that’s the case with you, then these economics thesis topics ideas are for you.

• An analysis of the energy market in Russia.
• The impact of game theory on economic development.
• The connection between minimum wage and market equilibrium.
• Gender differences in the labor market in the United States. This topic can shed light on gender differences in the labor market in the United States. In the past years, the overall inequality in labor in the markets decreased. However, there is still a lot of work that can be done.
• Economic reasons that influence the prices of oil .
• Relationship between the Lorenz curve and the Gini coefficient.
• Challenges of small businesses in the market economy.
• The changes in oil prices: causes and solutions . Universal economic principles do not always apply to the sale and purchase of the oil. The same happens with its cost. In the thesis, talk about what affects the prices. What are the solutions that can be implemented?
• The economic analysis of the impact of immigration on the American economy.

• Economic inequality as a result of globalization . Economic inequality becomes even more apparent on the global level. There is a common belief that globalization is the cause of that. Discuss what can be the solutions to these problems. This topic is vital to minimize the gap between the rich and the poor.
• The economic explanation of political dishonesty .
• Effect of Increasing Interest rates costs in Africa .
• The connection between game theory and microeconomics.
• Marketing uses in microeconomics.
• Financial liability in human-made environmental disasters.
• Banks and their role in the economy. Banks are crucial elements of any economy, and this topic covers why. You can explain how banks allow the goods and services to be exchanged. Talk about why banks are so essential for economic growth and stability.
• Inflation in the US and ways to reduce its impact.
• The connection between politics and economics.
• Income Dynamics and demographic economics.
• US Market Liquidity and macroeconomics.
• Macroeconomics and self-correction of the economy .
• The American economy, monetary policy, and monopolies .
• The importance of control in macroeconomics. One of the central topics in macroeconomics is grouped around the issue of control. It is quite reasonable that control over money and resources should become a topic of discussion.
• Analysis of Africa’s macroeconomics and its performance.
• Economics of education in developing markets.
• Problems and possible solutions for Japan macroeconomics .
• Comparative analysis of British macroeconomics concerning the US .
• Public policies and socio-economic disparities.
• The world problems through macroeconomic analysis. Indeed, macroeconomics is very complicated. There are many influences, details, and intricacies in it. However, it allows economists to use this complex set of tools to examine the world’s leading problems today.

• The connection between employment interest and money.

🤔 Development Economics

• Economics of development . This topic is very rich in content. First, explain what it is. Then pay particular attention to domestic and international policies that affect development, income distribution, and economic growth.
• The relation between development and incentive for migration.
• The impact of natural disasters on the economy and political stability of emerging markets.
• The economic consequences of population growth in developing countries.
• The role of industrialization in developing countries . The industrialization has been connected with the development. It promotes capital formation and catalyzes economic growth in emerging markets. In this thesis, you can talk about this correlation.
• Latin American economic development.
• Gender inequality and socio-economic development .
• Problems of tax and taxation in connection with economic growth.
• The economic impact of terrorism on developing markets.
• Religious decline as a key to economic development. Not everyone knows, but a lot of research has been done in the past years on the topic. It argues that decreased religious activity is connected with increased economic growth. This topic is quite controversial. Students who decide to write about it should be extra careful and polite.

👨‍💼 Behavioral Economics

• Risk Preferences in Rural South Africa.
• Behavioral Economics and Finance .
• Applied behavioral economics in marketing strategies. If you want to focus your attention on marketing, this topic is for you. Behavioral economics provides a peculiar lens to look at marketing strategies. It allows marketers to identify common behaviors and adapt their marketing strategies.
• The impact of behavioral finance on investment decisions.
• Behavioral Economics in Child Nutrition Programs in North Texas.
• Guidelines for Behavioral Economics in Healthcare Sector.
• Cognitive and behavioral theories in economics .
• Cross-cultural consumer behavior and marketing communication. Consumers are not only affected by personal characteristics, but also by the culture they are living in. This topic focuses on the extent it should determine marketing strategy and communication.
• Behavior implications of wealth and inequality.

• Optimism and pessimism for future behavior.

💼 Financial Economics

• Financial Economics for Infrastructure and Fiscal Policy .
• The use of the economic concept of human capital. Students can focus on the dichotomy between human and nonhuman capital. Many economists believe that human capital is the most crucial of all. Some approach this issue differently. Therefore, students should do their research and find where they stand on this issue.
• The analysis of the global financial crisis of 2020s. Share your thoughts, predictions, ideas. Analyze the economic situation that affects almost everyone in the world. This thesis topic will be fresh and original. It can help to start a good and fruitful conversation.
• The big data economic challenges for Volvo car.
• The connection between finance, economics, and accounting.
• Financial economics: Banks competition in the UK .
• Risk-Taking by mutual funds as a response to incentives.
• Managerial economics and financial accounting as a basis for business decisions.
• Stock market overreaction.

🌱 Agricultural Economics

• Agricultural economics and agribusiness.
• The vulnerability of agricultural business in African countries.
• Agricultural economics and environmental considerations of biofuels .
• Farmer’s contribution to agricultural social capital.
• Agricultural and resource economics. Agricultural and resource economics plays a huge role in development. They are subdivided into four main characteristics which in this topic, students can talk about: – mineral and energy resources; – soil resources, water resources; – biological resources. One or even all of them can be a focus of the thesis.
• Water as an economic good in irrigated agriculture.
• Agriculture in the economic development of Iran.
• The US Agricultural Food Policy and Production .
• Pesticides usage on agricultural products in California.

• An analysis of economic efficiency in agriculture. A lot of research has been done on the question of economic efficiency in agriculture. However, it does not mean there is no place for your study. You have to read a lot of secondary sources to see where your arguments can fit.

🤝‍Economic Sociology

• Theory, approach, and method in economics sociology.
• Economic sociology of capitalism. While economists believe in the positive effect capitalism has on the economy, the social effect is quite different. The “economic” part of the issue has been studied a lot. However, the sociology of it has been not. This thesis can be very intriguing to read.
• Political Economy and Economic Sociology.
• Gender and economic sociology .
• Progress, sociology, and economics.
• Data analysis in economics, sociology, environment .
• Economic sociology as a way to understand the human mind.
• Economic sociology of money.
• Economics, sociology, and psychology of security.
• Major principles of economic sociology. In the past decade, economic sociology became an increasingly popular field. Mainly due to it giving a new view on economics, human mind, and behavior. Besides, it explores relationships between politics, law, culture, and gender.

📚 The List of Ph.D. Topics in Economics

If you decide to go to grad school to do your Masters, you will likely end up getting a Ph.D. as well. So, with this plan in mind, think about a field that interests you enough during your Masters. Working with the same topic for both graduate degrees is easier and more effective.

This list of Ph.D. Topics in Economics can help you identify the areas you can work on.

• Occupational injuries in Pakistan and its effect on the economy. Injuries are the leading cause of the global burden of disability. Globally, Pakistan was ranked 9th populated country with a large number of unskilled workers. In this dissertation, consider the link between occupational injuries and their effects on the economy.
• The study of the Philippines’ economic development.

• Financial derivatives and climate change .
• Econometric Analysis of Financial Markets.
• Islamic Banking and Financial Markets .
• Health economics and policy in the UK.
• Health insurance: rationale and economic justification. In this dissertation, students can find different ways to explain and justify health insurance. Starting to philosophical to purely economic grounds. In the past years, there was a lot of discussion regarding the healthcare system for all. What are some of the economic benefits of that?
• Colombian economy, economic growth, and inequality.
• Benefits of mergers and acquisitions in agribusiness.
• Methods to measure financial risks when investing in Africa.
• The significance of financial economics in understanding the relationship between a country’s GDP and NDP.
• Network effects in cryptocurrency. Cryptocurrencies are not new anymore. However, it is still an original subject for a dissertation. Students can decide to choose several crypto coins and evaluate the importance of the network effect. This effect is particularly significant for Bitcoin. Explain why.
• The comparison of the Chinese growth model with the American growth model.
• An economic justification versus political expediency.
• Pollution Externalities Role in Management Economics .

📝 How to Select an Economics Thesis Topic

As your academic journey is coming to an end, it’s time to pick the right topic for your thesis. The whole academic life you were preparing to undertake this challenge.

Here is the list of six points that will help you to select an economics thesis topic:

• Make sure it is something you are genuinely interested in. It is incredibly challenging to write something engaging if you are not interested in the topic. So, choose wisely and chose what excites you.
• Draw inspiration from the previous student’s projects. A great place to start is by looking at what the previous students wrote. You can find some fresh ideas and a general direction.
• Ask your thesis advisor for his feedback. Most probably, your thesis advisor supervised many students before. They can be a great help too because they know how to assess papers. Before meeting with your professor, do some basic research, and understand what topic is about.
• Be original, but not too much. You do not want to spend your time writing about a project that many people wrote about. Your readers will not be interested in reading it, but your professors as well. However, make sure you do not pick anything too obscure. It will leave you with no secondary sources.
• Choose a narrow and specific topic. Not only will it allow you to be more original, but also to master a topic. When the issue is too broad, there is just too much information to cover in one thesis.
• Go interdisciplinary. If you find yourself interested in history, philosophy, or any other related topic, it can help you write an exceptional thesis in economics. Most of your peers may work on pure economics. Then, the interdisciplinary approach can help you to stand out among them.

Thank you for reading the article to the end! We hope this list of economics thesis topics ideas could help you to gather your thoughts and get inspired. Share it with those who may find it useful. Let us know what you think about it in the comment section below.

🔗 References

• Economics Thesis Topics List: Seminars Only
• How To Pick A Topic For Your Economics Research Project Or Master’s Thesis: INOMICS, The Site for Economists
• What Do Theses and Dissertations Look Like: KU Writing Center, the University of Kansas
• Writing Economics: Robert Neugeboren with Mireille Jacobson, University of Harvard
• Economics Ph.D. Theses: Department of Economics, University of Sussex Business School, IDEAS_RePEc
• World Economic Situation and Prospects 2018: United Nations
• Undergraduate Honors Theses: Department of Economics, University of California, Berkeley
• Economics Department Dissertations Collection: Economics Department, University of Massachusetts Amherst
• Topics for Master Theses: Department of Economics, NHH, Norwegian School of Economics
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The dilemma I faced in getting Thesis proposal for my M Phil programme is taken away. Your article would be a useful guide to many more students.Thank you for your guidance.

Thanks for the feedback, John! Your opinion is very important for us!

I wants it for msc thesis

These are very helpful and concise research topics which I have spent days surfing the internet to get all this while. Thanks for making research life experience easier for me. Keep this good work up.

Thank you, Idris!

Glad to hear that! Thank you for your feedback, Idris!

Excellent research

For research

A very well written, clear and easy-to-read article. It was highly helpful. Thank you!

Thanks for your kind words! We look forward to seeing you again!

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