We are in the process of developing new research themes for FERC given the move to Warwick and in particular following discussions with members of the Statistics, Psychology and Economics Departments at Warwick.  Research programmes in the future will also reflect the joint interests of FERC and potential consortium members.    Research programmes currently exist and will continue over the next few years in the following areas;

• The Econometrics of Transaction Level Data

• Copulae and the Measurement of Dependence

• Behavioural Finance

• Modelling Operational Risk

• Time Deformation and Mixture Models in Finance

• Higher Moments and Asset Pricing

• Forecasting with Asymmetric Loss Functions and the use of Density Forecasts

• Risk and Return Characteristics of Hedge Funds