This paper presents a long-term model of the UK economy. It builds on a stream of modelling that seeks to describe the properties of an economy with a non-linear differential equation system the parameters of which are estimated using a continuous-time Full Information Maximum Likelihood (FIML)...

The recent widespread availability of intraday tick-by-tick databases for stocks, options and currencies has had an important impact on research in applied financial econometrics and market microstructure. Econometric Modelling of Stock Market Intraday Activity focuses on the econometric...