Wolfram Computation Meets Knowledge

The Wolfram Solution for Econometrics

Rapidly create interactive test models, analyze data and seamlessly scale up to large, high-powered simulations—all in one system, with one integrated workflow.

The Wolfram econometrics solution is unique in providing built-in, ready-to-use economic data alongside powerful statistical analysis tools, built-in parallel processing and state-of-the-art symbolic and numerical computation.

  • The Wolfram Edge
  • How Wolfram Compares
  • Key Capabilities

Wolfram technologies include thousands of built-in functions and curated data on many topics that let you:

  • Analyze stationary and nonstationary time series data
  • Compute Monte Carlo simulations, bootstrap analysis, probability estimations and more
  • Solve computationally intensive Bayesian statistics problems
  • Estimate with spatial autoregressive panel data models
  • Model the macroeconomic effects of federal interest rate cuts, tax policy, currency devaluation and more
  • Price American, European and exotic derivatives using Monte Carlo simulation
Make every report or statement interactive with real-time computation, enabling customers to test multidimensional "what if" scenarios
Using built-in or imported data to instantly create interactive applications

Does your current tool set have these advantages?

  • Complete workflow, from data import to analysis to interactive document or slide show, all in one system
    R, SAS, Minitab and other software do not support a complete workflow in a single environment
  • Built-in current and historical financial, socioeconomic and other data ready for computation without preprocessing
    Built-in data combined with high-powered computation is unique to Wolfram technologies
  • Instant creation of dynamic interfaces that allow you to vary parameters and gain useful insights from datasets
    Unique to Wolfram technologies
  • Automated precision control and arbitrary-precision numerics produce highly accurate results
    Microsoft Excel and other systems that rely on finite-precision numerics can cause serious errors due to lack of precision
  • Powerful symbolic statistical computation and built-in functions for all standard statistical distributions
    R, STATA and other numerical systems do not include symbolic functionality
  • Seamless integration of numerics, symbolics, interactive graphics and all other computational aspects in one document
    Unique to Wolfram technologies
Creating multidimensional visualizations of production, sales and unemployment
Modeling economic processes as mean-reverting random walks

Organizations Using Wolfram Technologies

Federal Reserve Board Allstate Allianz Insurance Bank of America Citigroup Goldman Sachs

Consulting Solutions

Enlist the world’s computation experts to help with your project—any size, any level. At Wolfram, we know what’s possible with computational technology because we are global leaders in creating it. That gives us an unprecedented depth of expertise in applying it to consulting work in a variety of fields. Whether individual or enterprise, from concept to deployment, our computation experts can help you achieve robust results with less time and effort. Get us started with your project today