1-11 Examples of the kind of problems that may be solved by an econometrician y间 ormationally efficient(根据资产价格的历史数据检验资 Testing whether financial markets are weak-form 产收益的可预测性) 2. Testing whether the caPm or APt represent superior models for the determination of returns on risky assets 3. Measuring and forecasting the volatility of bond returns 4. Explaining the determinants of bond credit ratings used by the ratings agencies. 5. Modelling long-term relationships between prices and exchange rates1-11 Examples of the kind of problems that may be solved by an Econometrician 1. Testing whether financial markets are weak-form informationally efficient.(根据资产价格的历史数据检验资 产收益的可预测性) 2. Testing whether the CAPM or APT represent superior models for the determination of returns on risky assets. 3. Measuring and forecasting the volatility of bond returns. 4. Explaining the determinants of bond credit ratings used by the ratings agencies. 5. Modelling long-term relationships between prices and exchange rates