Theoretical System of Financial Econometrics and its New Progress

Abstract

Financial econometrics is an important part of modern economics, and its application occupies a very critical position in the economic field. With the opening up of China to the outside world and the institutionalization of the market economy, the competition among domestic enterprises has become increasingly fierce and the integration of the international market has deepened. In such an environment, it is of great significance to conduct in-depth research on how to use advanced technical methods to solve practical problems. This paper firstly analyzes the theoretical knowledge of financial econometrics, and secondly, this paper elaborates the current research hotspots of financial econometrics and its new progress, hoping to promote the development of financial econometrics in China.