Forecasting Financial Markets

Booknews

This two-volume set collects major articles published between 1934 and 2000, on the many aspects of forecasting financial markets. Each volume has been prepared by a specialist who provides an introduction to the included literature. Volume I (26 articles) discusses early attempts, theoretical underpinnings, testing the random walk model, stock markets, and foreign exchange markets. Volume II (27 articles) covers other financial markets (bonds, the linkages between the gold and silver markets, and futures); volatility forecasting; long memory, density forecasts and forecasting extreme events; forecasting using nonlinear models; trading rules and technical analysis; and high frequency forecasting. There is no subject index. Annotation c. Book News, Inc., Portland, OR (booknews.com)