Challenging econometric issues in nonlinear high-dimensional spatio-temporal prediction: theory and applications. This project will develop cutting-edge methodologies to break through challenging issues in nonlinear spatio-temporal econometric prediction. It will yield a new generation of prediction tools that enpower practitioners in Australia to produce more accurate forecasts, with more informed countermeasures to viarious economic and enviromental risks.
New methods for modelling and forecasting risk. The project will develop and assess risk measures and risk forecasting. It will assess why customary measures failed in the financial crisis and develop new and better techniques. The project is unique in terms of the scope and range of methods to be applied and tested. It will be of value to investors, institutions and regulators alike.