Ramsay, J.O., McGill University, Montreal, QC, Canada; Silverman, B.W., University of Bristol, UK

Applied Functional Data Analysis
Methods and Case Studies

2002. X, 190 p. 112 illus. Softcover
0-387-95414-7

What do juggling, old bones, criminal careers and human growth patterns have in common? They all give rise to functional data, that come in the form of curves or functions rather than the numbers, or vectors of numbers, that are considered in conventional statistics. The authors' highly acclaimed book Functional Data Analysis (1997) presented a thematic approach to the statistical analysis of such data. By contrast, the present book introduces and explores the ideas of functional data analysis by the consideration of a number of case studies, many of them presented for the first time. The two books are complementary but neither is a prerequisite for the other. The case studies are accessible to research workers in a wide range of disciplines. Every reader, whether experienced researcher or graduate student, should gain not only a specific understanding of the methods of functional data analysis, but more importantly a general insight into the underlying patterns of thought. Some of the studies demand the development of novel aspects of the methodology of functional data analysis, but technical details aimed at the specialist statistician are confined to sections which the more general reader can safely omit. There is an associated web site with MATLABr and S?PLUSr implementations of the methods discussed, together with all the data sets that are not proprietary. Jim Ramsay is Professor of Psychology at McGill University, and is an international authority on many aspects of multivariate analysis. He was elected President of the Statistical Society of Canada for the term 2002-3 and is a holder of the Society's Gold Medal for his work in functional data analysis. His statistical work draws on his collaborations with researchers in speech articulation, biomechanics,

Contents: Introduction.- Life Course Data in Criminology.- The Nondurable Goods Index.- Bone Shapes from a Paleopathology Study.- Modeling Reaction Time Distributions.- Zooming in on Human Growth.- Time Warping Handwriting and Weather Records.- How do Bone Shapes Indicate Arthritis?- Functional Models for Test Items.- Predicting Lip Acceleration from Electromyography.- Variable Seasonal Trend in the Goods Index.- The Dynamics of Handwriting Printed Characters.- A Differential Equation for Juggling.

Series: Springer Series in Statistics.

Brockwell, P.J., Colorado State University, Fort Collins, CO, USA; Davis, R.A., Colorado State University, Fort Collins, CO, USA

Introduction to Time Series and Forecasting, 2nd ed.

2002. XIV, 434 pp. 126 figs., with CD-ROM. Hardcover
0-387-95351-5

Some of the key mathematical results are stated without proof in order to make the underlying theory accessible to a wider audience. The book assumes a knowledge only of basic calculus, matrix algebra, and elementary statistics. The emphasis is on methods and the analysis of data sets. The logic and tools of model-building for stationary and nonstationary time series are developed in detail and numerous exercises, many of which make use of the included computer package, provide the reader with ample opportunity to develop skills in this area.
The core of the book covers stationary processes, ARMA and ARIMA processes, multivariate time series and state-space models, with an optional chapter on spectral analysis. Additional topics include harmonic regression, the Burg and Hannan-Rissanen algorithms, unit roots, regression with ARMA errors, structural models, the EM algorithm, generalized state-space models with applications to time series of count data, exponential smoothing, the Holt-Winters and ARAR forecasting algorithms, transfer function models and intervention analysis. Brief introductions are also given to cointegration and to nonlinear, continuous-time and long-memory models.
The time series package included in the back of the book is a slightly modified version of the package ITSM, published separately as ITSM for Windows, by Springer-Verlag, 1994. It does not handle such large data sets as ITSM for Windows, but like the latter, runs on IBM-PC compatible computers under either DOS or Windows (version 3.1 or later). The programs are all menu-driven so that the reader can immediately apply the techniques in the book to time series data, with a minimal investment of time in the computational and algorithmic aspects of the analysis.

Keywords: Time series, Forecasting, ITSM, ITSM2000

Contents: Introduction.- Stationary Processes.- ARMA Models.- Spectral Analysis.- Modelling and Forecasting with ARMA Processes.- Nonstationary and Seasonal Time Series Models.- Multivariate Time Series.- State-Space Models.- Forecasting Techniques.- Further Topics.

Series: Springer Texts in Statistics.

Nishisato, S., The University of Toronto, ON, Canada; Baba, Y., The Institute of Statistical Mathematics, Tokyo, Japan; Bozdogan, H., The University of Tennessee, Knoxville, TN, USA; Kanefuji, K., The Institute of Statistical Mathematics, Tokyo, Japan (Eds.)

Measurement and Multivariate Analysis

2002. XVI, 332 pp. 90 figs., 51 tabs. Hardcover
4-431-70338-1

Diversity is characteristic of the information age and also of statistics. To date, the social sciences have contributed greatly to the development of handling data under the rubric of measurement, while the statistical sciences have made phenomenal advances in theory and algorithms. Measurement and Multivariate Analysis promotes an effective interplay between those two realms of research-diversity with unity. The union and the intersection of those two areas of interest are reflected in the papers in this book, drawn from an international conference in Banff, Canada, with participants from 15 countries. In five major categories - scaling, structural analysis, statistical inference, algorithms, and data analysis - readers will find a rich variety of topics of current interest in the extended statistical community.

Keywords: measurement and multivariate analysis conference

Contents: Greetings.- Keynote Papers (John Gower, Chikio Hayashi).- Introduction (S. Nishisato).- Scaling.- Structural Analysis.- Statistical Inference.- Algorithms.- Data Analysis.

Chris Brooks

Introductory Econometrics for Finance

August 2002 | Hardback | 728 pages 57 tables 67 figures | ISBN: 0-521-79018-2
August 2002 | Paperback | 728 pages 57 tables 67 figures | ISBN: 0-521-79367-X

The first textbook to teach introductory econometrics to finance majors. The text is data- and problem-driven, giving students the skills to estimate and interpret models, whilst having an intuitive grasp of the underlying theoretical concepts. The approach of Dr Brooks, based on the successful course he teaches at the ISMA Centre, one of Europe's leading finance schools, ensures that the text focuses squarely on the needs of finance students, including advice on planning and executing a project in empirical finance. The book assumes no prior knowledge of econometrics, and covers important modern topics such as time-series forecasting, volatility modelling, switching models and simulation methods. It includes detailed examples and case studies from the finance literature. Sample instructions and output from two popular and widely available computer packages (EViews and WinRATS) are presented as an integral part of the text. Extensive web-based supporting materials are available free of charge.

Contents
1. Introduction; 2. Econometric packages for modelling financial data; 3. A brief overview of the classical linear regression model; 4. Further issues with the classical linear regression model; 5. Univariate time series modelling and forecasting; 6. Multivariate modelling; 7. Modelling long-run relationships in finance; 8. Modelling volatility and correlation; 9. Modelling regime shifts; 10. Simulation methods; 11. Conducting empirical research in finance; 12. Conclusions: recent and future developments in the modelling of financial time series; References; Appendix. Review of matrix algebra, calculus, and probability theory; Statistical tables.