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Economic theories are always interesting, as they explain basically how the human-being society works. But theories could be nothing without application. In this book, the author provides two directions of applying economic theory into practice. One is economic forecasting, in which different models, including the time series models and term structure models, are evaluated for forecasting of Hong Kong inflation rate. The other is empirical study, where the economic theory about stock pricing are tested against real-world datas.

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Yan was graduated from Peking University with Bsc in Physics in 2007, and then earned her Master of Economics degree with distinction from the University of Hong Kong in 2008. After the graduation, she joined KPMG Hong Kong, and now served as an analyst in Valuation and Modelling Team.

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