Data Science in Finance and Economics

Scope & Guideline

Bridging theory and practice in finance and economics with data science.

Introduction

Welcome to the Data Science in Finance and Economics information hub, where our guidelines provide a wealth of knowledge about the journal’s focus and academic contributions. This page includes an extensive look at the aims and scope of Data Science in Finance and Economics, highlighting trending and emerging areas of study. We also examine declining topics to offer insight into academic interest shifts. Our curated list of highly cited topics and recent publications is part of our effort to guide scholars, using these guidelines to stay ahead in their research endeavors.
LanguageEnglish
ISSN-
PublisherAMER INST MATHEMATICAL SCIENCES-AIMS
Support Open AccessNo
Country-
Type-
Converge-
AbbreviationDATA SCI FINANC ECON / Data Sci. Financ. Econ.
Frequency4 issues/year
Time To First Decision-
Time To Acceptance-
Acceptance Rate-
Home Page-
AddressPO BOX 2604, SPRINGFIELD, MO 65801-2604, UNITED STATES

Aims and Scopes

The journal 'Data Science in Finance and Economics' aims to bridge the gap between data science methodologies and practical applications in the finance and economics sectors. It focuses on innovative techniques and their implications for real-world financial and economic challenges.
  1. Application of Machine Learning and AI:
    The journal emphasizes the use of machine learning and artificial intelligence techniques for predictive modeling, risk assessment, and financial decision-making processes.
  2. Time Series Analysis and Forecasting:
    A core area of focus is the analysis and forecasting of financial time series data, utilizing various statistical and computational methods to understand market dynamics.
  3. Economic Modeling and Simulation:
    Research often explores economic models and simulations to assess financial systems' behavior under different conditions and policy changes.
  4. Interdisciplinary Approaches:
    The journal encourages interdisciplinary research that combines insights from finance, economics, data science, and behavioral sciences to enhance understanding of financial markets.
  5. Empirical Studies and Case Analyses:
    A significant portion of the publications includes empirical studies that analyze real-world data to validate theoretical models and provide actionable insights.
Recent publications reflect emerging themes and trends that highlight the evolving landscape of finance and economics research, particularly in response to technological advancements and global events.
  1. Integration of Big Data Analytics:
    There is a rising trend in the application of big data analytics in finance, focusing on how large datasets can enhance decision-making and predictive accuracy.
  2. Sustainability and Green Finance:
    Emerging research is increasingly exploring the intersection of finance and sustainability, particularly how financial markets can support renewable energy initiatives and sustainable economic practices.
  3. Behavioral Finance and Investor Sentiment:
    Studies examining the impact of investor sentiment and behavioral factors on market movements are gaining traction, reflecting a growing interest in the psychological aspects of financial decision-making.
  4. Cryptocurrencies and Alternative Assets:
    Research focusing on cryptocurrencies, including their volatility and market dynamics, is becoming a significant theme, driven by the rising interest and investment in digital assets.
  5. Machine Learning in Risk Assessment:
    There is a notable increase in studies employing machine learning techniques specifically for risk assessment and management, indicating a shift towards more advanced analytical frameworks.

Declining or Waning

While the journal covers a broad range of topics, certain themes have shown a decline in publication frequency, indicating a shift in research focus within the community.
  1. Traditional Statistical Methods:
    There has been a noticeable decrease in the publication of papers focusing solely on traditional statistical methods without incorporating modern computational approaches, such as machine learning.
  2. General Economic Theories:
    Research centered on generic economic theories without empirical validation or application to current financial challenges has become less prevalent, as there is a growing preference for data-driven studies.
  3. Basic Risk Management Techniques:
    Papers that focus on basic risk management techniques without the integration of advanced analytics or technology are appearing less frequently, suggesting a shift towards more sophisticated methodologies.

Similar Journals

Journal of Empirical Finance

Transforming finance with robust, data-driven analysis.
Publisher: ELSEVIERISSN: 0927-5398Frequency: 5 issues/year

Journal of Empirical Finance, published by Elsevier, stands as a key resource in the areas of finance and economics, with a definitive focus on empirical studies. As a prominent journal since its inception in 1993, it has made significant strides in contributing to the academic community, evidenced by its soaring categorization in Q1 for Finance and Q2 for Economics and Econometrics as of 2023. With an ISSN of 0927-5398 and an E-ISSN of 1879-1727, the journal emphasizes robust, data-driven analysis to inform both theoretical and practical aspects of financial research. While access options do not include open access, the journal ensures that its content remains accessible to a diverse audience of researchers, professionals, and students. It fosters a platform for innovative research and discourse, significantly impacting the fields of finance, economics, and econometrics. The Scopus rankings further bolster its reputation, placing it in the 61st percentile in both categories, reflecting a commitment to high-quality research output. As the journal continues to evolve, it invites contributions that push the boundaries of empirical finance, enabling a deeper understanding of financial mechanisms that drive global economies.

APPLIED STOCHASTIC MODELS IN BUSINESS AND INDUSTRY

Driving Innovation in Business Through Stochastic Analysis
Publisher: WILEYISSN: 1524-1904Frequency: 6 issues/year

Applied Stochastic Models in Business and Industry, published by Wiley, is a preeminent journal dedicated to advancing the field of stochastic modeling in various business and industry contexts. With an ISSN of 1524-1904 and an E-ISSN of 1526-4025, this journal serves as a vital platform for researchers and practitioners aiming to leverage stochastic techniques to address complex decision-making and operational challenges. The journal holds prestigious rankings, including Q2 in Business, Management and Accounting, and has converged years spanning from 1999 to 2024. It is distinguished by its wide scope, focusing on all aspects of modeling and simulation, as well as decision sciences and operations research. Although it does not operate as an open-access journal, its significant impact factor and Scopus rankings ensure that the valuable insights published within reach a broad audience. By fostering high-quality research and discourse, Applied Stochastic Models in Business and Industry plays a crucial role in driving innovation and excellence in its fields.

Decisions in Economics and Finance

Shaping the Future of Economic Research
Publisher: SPRINGER INT PUBL AGISSN: 1593-8883Frequency: 2 issues/year

Decisions in Economics and Finance, published by SPRINGER INT PUBL AG, is a leading journal in the fields of economics, econometrics, and finance, providing a critical platform for researchers, professionals, and students to disseminate their findings and insights. With an impressive impact factor positioned in the Q2 category for both Economics and Finance in 2023, this journal is recognized for its rigorous peer-reviewed process and impactful research contributions. The journal spans over areas of general economics and finance, emphasized by its Scopus rankings, which place it in the 68th and 50th percentiles respectively. Since its inception in 1997 and continuing through its conferred years, Decisions in Economics and Finance continues to foster innovative approaches to economic and financial decision-making while bridging theoretical and practical applications. While it currently does not offer Open Access options, its commitment to quality research and interdisciplinary collaboration makes it a vital resource for anyone engaged in these dynamic fields.

FINANCE A UVER-CZECH JOURNAL OF ECONOMICS AND FINANCE

Navigating Contemporary Financial Challenges
Publisher: CHARLES UNIV-PRAGUEISSN: 0015-1920Frequency: 6 issues/year

Finance: A Uver-Czech Journal of Economics and Finance is a distinguished academic platform published by Charles University in Prague, focusing on the multifaceted domains of economics and finance. Established in 1996, this journal aims to foster scholarly discourse by publishing high-quality research articles that address contemporary finance issues, economic theories, and their practical applications. With an ISSN of 0015-1920, the journal currently holds a Q4 category ranking in Accounting, Economics, and Finance, making it a vital resource for researchers, professionals, and students who seek to navigate the complexities of these fields. Although it does not offer open access, its contributions nevertheless enrich the academic community, endorsing critical analyses and innovative methodologies. Located in the heart of the Czech Republic, Finance is committed to exploring the intersections of finance and economics, thereby playing an essential role in the development of knowledge within the global scientific discourse.

JOURNAL OF BUSINESS & ECONOMIC STATISTICS

Unveiling Quantitative Insights for Economic Progress
Publisher: TAYLOR & FRANCIS INCISSN: 0735-0015Frequency: 4 issues/year

JOURNAL OF BUSINESS & ECONOMIC STATISTICS is a premier academic journal published by Taylor & Francis Inc, dedicated to disseminating high-quality research in the fields of business, economics, and statistics. With an impressive impact in the academic community, the journal maintains a distinguished Q1 ranking across various categories including Economics and Econometrics, Social Sciences (miscellaneous), and Statistics and Probability, showcasing its relevance and influence in contemporary research. Since its inception in 1983, the journal has served as a vital resource for researchers, professionals, and students seeking insights into quantitative methodologies and their application in the economic domain. While the journal is not currently open access, its rigorous peer-review process ensures that published articles are of the highest scholarly standards. Researchers and practitioners alike will find a rich repository of empirical and theoretical studies that foster knowledge advancement in the intersecting realms of business, economics, and statistical analysis.

Journal of Computational Finance

Empowering decision-making with cutting-edge computational techniques.
Publisher: INCISIVE MEDIAISSN: 1460-1559Frequency: 4 issues/year

Journal of Computational Finance, published by INCISIVE MEDIA, stands at the forefront of interdisciplinary research, amalgamating the realms of finance, applied mathematics, and computer science. With its ISSN 1460-1559 and E-ISSN 1755-2850, this journal provides a vital platform for scholars and practitioners alike, aiming to advance methodologies and computational techniques that enhance financial decision-making processes. Although currently categorized in the Q3 quartile across various disciplines—including Applied Mathematics, Computer Science Applications, and Finance—its commitment to quality research is unwavering, as evidenced by its curated selection of innovative studies. The journal’s scope includes computational modeling, algorithmic trading, risk management, and quantitative finance solutions. Each volume seeks to not only foster academic discourse but also bridge theoretical findings with practical applications in the financial industry. Given its convergence from 2011 to 2024, the journal continues to evolve alongside the rapidly changing financial landscape, supporting researchers, students, and professionals in navigating the complexities of computational finance.

Central Bank Review

Advancing economic knowledge for a dynamic future.
Publisher: CENTRAL BANK REPUBLIC TURKEYISSN: 1303-0701Frequency: 2 issues/year

Central Bank Review is a leading journal published by the CENTRAL BANK REPUBLIC TURKEY, dedicated to advancing the field of economics and finance. With an ISSN of 1303-0701 and an E-ISSN of 1305-8800, this open-access journal has been serving the academic community since 2016, providing a rich source of knowledge for researchers, professionals, and students alike. The journal focuses on a diverse range of topics within economics, econometrics, and finance, making it a valuable resource for those looking to stay at the forefront of these rapidly evolving fields. Notably, in 2023, it achieved a Q2 ranking in both Economics and Econometrics and Finance, highlighting its relevance and impact within the academic community, with Scopus rankings placing it in the top quartile of its categories. Central Bank Review not only contributes to rigorous academic discourse but also offers insights and policy discussions pertinent for central banking and economic policy, solidifying its importance in shaping the future of economic research. Located in the Netherlands, this journal provides easy access to its published articles, ensuring that vital research reaches readers globally.

Journal of Econometrics

Empowering Economists with Cutting-edge Empirical Research.
Publisher: ELSEVIER SCIENCE SAISSN: 0304-4076Frequency: 12 issues/year

Journal of Econometrics, published by ELSEVIER SCIENCE SA, is a leading journal in the fields of applied mathematics and econometrics, with a commendable reputation established since its inception in 1973. The journal's ISSN 0304-4076 and E-ISSN 1872-6895, reflect its commitment to quality research output, and it enjoys a high impact factor, ranking in the Q1 category for economics and applied mathematics as per the latest 2023 assessments. The journal aims to provide rigorous theoretical developments, empirical analyses, and methodologies in the rapidly evolving discipline of econometrics, thus catering to a diverse audience of researchers, professionals, and students alike. While currently not offered in an open access format, the quality and depth of research articles published within its pages make it a vital resource for anyone interested in the quantitative analysis of economic data. With a strong ranking in Scopus, particularly in the 96th percentile for applied mathematics, Journal of Econometrics continues to be at the forefront of academic inquiry, fostering advancements in both theory and practice within the global economy.

Journal of Financial Econometrics

Transforming financial data into actionable knowledge.
Publisher: OXFORD UNIV PRESSISSN: 1479-8409Frequency: 5 issues/year

Journal of Financial Econometrics, published by Oxford University Press, stands as a leading academic journal in the fields of financial economics and econometrics. With an impressive impact factor and a ranking in the Q1 quartile for both Economics and Finance categories in 2023, this journal is recognized for its contribution to advancing theoretical and applied methodologies in financial econometric analysis. It publishes high-quality research that addresses critical issues in finance, aiming to foster a deeper understanding of the economic factors influencing financial markets and instruments. Researchers and practitioners alike benefit from its rigorous peer-reviewed articles, which are invaluable resources for both academic scholars and finance professionals. The journal’s content typically spans pioneering techniques in econometric modeling, empirical analysis of financial instruments, and innovative applications of econometric theory in real-world scenarios. Operating out of the United Kingdom, the journal continues to serve as a vital platform for disseminating significant research findings from 2005 to 2024, ensuring that the latest advancements in the field are accessible to its audience.

Journal of Economics Finance and Administrative Science

Innovating research for a dynamic global economy.
Publisher: EMERALD GROUP PUBLISHING LTDISSN: 2077-1886Frequency: 2 issues/year

Journal of Economics Finance and Administrative Science, published by Emerald Group Publishing Ltd, is a premier open-access journal that has been at the forefront of advancing knowledge since its inception in 2012. With an ISSN of 2077-1886 and E-ISSN of 2218-0648, the journal caters to the disciplines of economics, finance, and administrative sciences within an international context, specifically observing trends from Peru and beyond. This highly regarded journal holds a Q1 ranking in Economics, Econometrics and Finance for 2023, landing it in the top percentile among its peers, with an impressive Scopus rank of #33 out of 288 in general economics. Since transitioning to open access in 2017, the journal has democratized access to cutting-edge research, making it indispensable for researchers, professionals, and students alike. By publishing rigorous empirical studies, comprehensive reviews, and innovative theoretical contributions, the Journal of Economics Finance and Administrative Science aims to facilitate knowledge exchange and foster collaboration within the global academic community.