Statistical Theories and Methods with Applications to Economics and Business highlights recent advances in statistical theory and methods that benefit econometric practice. It deals with exploratory data analysis, a prerequisite to statistical modelling and part of data mining. It provides...

I. Econometric Models and Optimal Economic Policy -- II. Stochastic Processes in Economic Models -- III. Recent Economic Models in Applied Optimal Control -- IV. Efficient Diversification in Optimal Portfolio Theory -- V. Portfolio Efficiency under Singularity and Orthogonality -- VI....