Greater data availability has been coupled with developments in statistical theory and economic theory to allow more elaborate and complicated models to be entertained. These include factor models, DSGE models, restricted vector autoregressions, and non-linear models.

"This handbook is a comprehensive and up to date work of reference that offers a survey of the state of financial geography. With Brexit, a global recession triggered by the COVID-19 pandemic, as well as new financial technology threatening and promising to revolutionize finance, the map of the...

pt. I. Asset pricing and investments -- 1. Markov switching models in asset pricing research / Massimo Guidolin -- 2. Portfolio optimization: theory and practical implementation / William T. Ziemba -- 3. Testing for speculative bubbles in asset prices / Keith Anderson, Chris Brooks and Apostolos...