Essays on Implementing Non-Parametric Econometric Methods for Financial and Economic Decision Making
Abstract
This proposal consists of three independent chapters that could potentially benefit several areas of research in portfolio theory, microeconomics as well as marketing. The first chapter discusses the evidence of the role of gold as a hedging instrument against inflation and exchange risk in varying gold market conditions and under different macro environments. The second chapter presents a new way to dynamically measure price elasticity of demand and eliminate the measurement bias given limited or even aggregated data. The third chapter focuses on applying a proposed new price decomposition model into regular forecasting and trading procedure. Accordingly, the reconstructed modes are utilized in the data preprocessing stage to generate the trading signal and eliminate the trend before applying other sophisticated time series forecasting models.
Subject Area
Economics|Finance|Applied Mathematics
Recommended Citation
Sui, Meng, "Essays on Implementing Non-Parametric Econometric Methods for Financial and Economic Decision Making" (2020). ETD Collection for Fordham University. AAI28027876.
https://research.library.fordham.edu/dissertations/AAI28027876
