In this paper, we compare and contrast financial data science with econometrics and conclude that the former is inevitably interdisciplinary due to the numerous skill-sets needed within a competitive research team. The latter, in contrast, is firmly rooted in economics. Both areas are highly...

Although machine learning is frequently associated with neural networks, it also comprises econometric regression approaches and other statistical technique whose accuracy enhances with increasing observation. What constitutes high quality machine learning is yet unclear though. Proponents of...