Written by leading market risk academic, Professor Carol Alexander, Practical Financial Econometrics forms part two of the Market Risk Analysis four volume set. It introduces the econometric techniques that are commonly applied to finance with a critical and selective exposition, emphasising the...

This volume contains specially commissioned chapters by leading researchers who have used and modified the original TALC model over the past two decades, a reprint of the original article, a discussion of its origins, and a comprehensive review of most of the published material using the TALC

Intro -- 1. Introduction -- 2. The German Electricity Market -- 3. Forecasting Performance of -- 4. Forecasting Performance of Time Series Models: Empirical Study -- 5. The Effect of Wind and Solar Power on Electricity Prices -- 6. Conclusion.

Key Features:Written by experts in the areas of macroeconometric forecasting and high-frequency data analysisAccessible to research students, yet of interest to expertsCovers topics of interest for both practitioners and academia.