Revisiting the Role of Insurance Company ALM
... sale under US Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) accounting regimes. This means that fixed income assets are held on the balance sheet at their market value, but the difference between market value and amortized cost flows through eq ...
... sale under US Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) accounting regimes. This means that fixed income assets are held on the balance sheet at their market value, but the difference between market value and amortized cost flows through eq ...
Efficient implementation of lazy suffix trees
... For example, if a text is to be searched only for a very small number of patterns, then it is usually better to use a fast and simple online method, such as the Boyer–Moore–Horspool algorithm [9], to search the complete text anew for each pattern. However, these concerns are alleviated by the follow ...
... For example, if a text is to be searched only for a very small number of patterns, then it is usually better to use a fast and simple online method, such as the Boyer–Moore–Horspool algorithm [9], to search the complete text anew for each pattern. However, these concerns are alleviated by the follow ...
Ch16 - NYU Stern
... To value a firm, you need to estimate its costs of equity and capital. In this chapter, you first consider what each of these is supposed to measure, explore a simple model for the costs and then examine the special problems associated with estimating each for technology firms. The cost of equity is ...
... To value a firm, you need to estimate its costs of equity and capital. In this chapter, you first consider what each of these is supposed to measure, explore a simple model for the costs and then examine the special problems associated with estimating each for technology firms. The cost of equity is ...
U -F union by size link-by-rank
... algorithm given here, which uses a tree structure, is a considerable improvement over the previous one, and the two algorithms furnish a clear-cut example of the ben:fits which can be realized through the use of such metkods. (Comparison tests have shown that the new method reduces the execution tim ...
... algorithm given here, which uses a tree structure, is a considerable improvement over the previous one, and the two algorithms furnish a clear-cut example of the ben:fits which can be realized through the use of such metkods. (Comparison tests have shown that the new method reduces the execution tim ...
U -F union by size link-by-rank
... An algorithm for the assignment of storage on the basis of the E Q U I V A L E N C E declaration found in such languages as FORTRAN and MAD was presented in [1]. The algorithm given here, which uses a tree structure, is a considerable improvement over the previous one, and the two algorithms furnish ...
... An algorithm for the assignment of storage on the basis of the E Q U I V A L E N C E declaration found in such languages as FORTRAN and MAD was presented in [1]. The algorithm given here, which uses a tree structure, is a considerable improvement over the previous one, and the two algorithms furnish ...
SAS Risk Analysis Environment
... Derivatives are used in every imaginable business and industry for hedging financial risks that are otherwise beyond the control of the company. For example, ...
... Derivatives are used in every imaginable business and industry for hedging financial risks that are otherwise beyond the control of the company. For example, ...
The Price Strategy
... “1950s prices for three days only” is using promotional pricing, a temporary pricing technique. ...
... “1950s prices for three days only” is using promotional pricing, a temporary pricing technique. ...
Linked Lists
... a) A linked list can easily grow and shrink in size The programmer doesn’t need to know how many nodes will be in the list. They are created in memory as needed. b) Speed of insertion or deletion from the list Inserting and deleting elements into and out of arrays requires moving elements of the arr ...
... a) A linked list can easily grow and shrink in size The programmer doesn’t need to know how many nodes will be in the list. They are created in memory as needed. b) Speed of insertion or deletion from the list Inserting and deleting elements into and out of arrays requires moving elements of the arr ...
Package `maRketSim`
... Calculates the desired value given basic inputs. findDur_ClosedForm(), findMaxDur(), and findMaxMat are various closed-form approximations, whereas findDur and findMat are exact. Usage findDur(mat, i, market.rate = NA, f = 0.5, type = "modified", ...) findMat(dur,i,f=.5) Arguments mat ...
... Calculates the desired value given basic inputs. findDur_ClosedForm(), findMaxDur(), and findMaxMat are various closed-form approximations, whereas findDur and findMat are exact. Usage findDur(mat, i, market.rate = NA, f = 0.5, type = "modified", ...) findMat(dur,i,f=.5) Arguments mat ...
Lecture 8 Notes
... Collections Framework. As a working programmer, you may often use these, and most of the rest of the time, you will use various libraries that supply alternatives. You will not often have to implement the data structures yourself. ...
... Collections Framework. As a working programmer, you may often use these, and most of the rest of the time, you will use various libraries that supply alternatives. You will not often have to implement the data structures yourself. ...
Symbolic Representations and Analysis of Large Probabilistic Systems
... A BDD is said to be ordered if there is a total ordering of the variables such that every path through the BDD visits nodes according to the ordering. In an ordered BDD (OBDD), each child m0 of a non-terminal node m must therefore either be terminal, or non-terminal with var (m) > var (m0 ). A reduc ...
... A BDD is said to be ordered if there is a total ordering of the variables such that every path through the BDD visits nodes according to the ordering. In an ordered BDD (OBDD), each child m0 of a non-terminal node m must therefore either be terminal, or non-terminal with var (m) > var (m0 ). A reduc ...
Data Structures - Computer Science
... Amortization is used to analyze the running times of algorithms with widely varying performance. The term comes from accounting. It is useful as it gives us a way of to do averagecase analysis without using any probability. Definition: The amortized running time of an operation that is defined by a ...
... Amortization is used to analyze the running times of algorithms with widely varying performance. The term comes from accounting. It is useful as it gives us a way of to do averagecase analysis without using any probability. Definition: The amortized running time of an operation that is defined by a ...
A Locality-Preserving Cache-Oblivious Dynamic Dictionary
... • Every leaf has the same depth (tree’s height) • Lower and upper bounds on number of keys per node (minimum degree t2) – Every node (other than root) must have at least t-1 keys thus t children – Every node can contain at most 2t-1 keys thus 2t children ...
... • Every leaf has the same depth (tree’s height) • Lower and upper bounds on number of keys per node (minimum degree t2) – Every node (other than root) must have at least t-1 keys thus t children – Every node can contain at most 2t-1 keys thus 2t children ...
Concurrency and Recovery in Generalized Search Trees
... implementations has shown that these features cause much of the complexity of actual implementations and account for a major fraction of the code. It appears, that the performance benefits of any particular access method other than B-trees do not outweigh the substantial implementation effort. To so ...
... implementations has shown that these features cause much of the complexity of actual implementations and account for a major fraction of the code. It appears, that the performance benefits of any particular access method other than B-trees do not outweigh the substantial implementation effort. To so ...
Stocks - Bennie D. Waller, PhD Online Course Material
... Stock Valuation assuming abnormal growth – firms with high growth or emerging areas such as technology or pharmaceutical are likely to experience periods of abnormal or super-abnormal growth. Assume that a biotech firm discovers a cure for a terminal disease. The firm is expected to have growth ra ...
... Stock Valuation assuming abnormal growth – firms with high growth or emerging areas such as technology or pharmaceutical are likely to experience periods of abnormal or super-abnormal growth. Assume that a biotech firm discovers a cure for a terminal disease. The firm is expected to have growth ra ...
Biased Leftist Trees and Modi ed Skip Lists1 1 Introduction
... (c) perform an alternating sequence of n inserts and n deletes in this, the n elements inserted in (a) are deleted in the order they were inserted and n new elements are inserted (d) search for each of the remaining n elements in the order they were inserted (e) delete the n elements in the order t ...
... (c) perform an alternating sequence of n inserts and n deletes in this, the n elements inserted in (a) are deleted in the order they were inserted and n new elements are inserted (d) search for each of the remaining n elements in the order they were inserted (e) delete the n elements in the order t ...
fixed-indexed annuities fixed
... Can I take withdrawals from my fixed-indexed annuity? You can take withdrawals from most fixed-indexed annuities; however, there is often a charge if amounts are withdrawn prior to the end of the early withdrawal charge period (referred to as Surrender Charge period in your contract). Great American ...
... Can I take withdrawals from my fixed-indexed annuity? You can take withdrawals from most fixed-indexed annuities; however, there is often a charge if amounts are withdrawn prior to the end of the early withdrawal charge period (referred to as Surrender Charge period in your contract). Great American ...
Global macro-financial shocks and expected default frequencies in
... are more and more exposed to shocks from the international environment. The analysis of risks to corporate sector credit quality – which is an important component of any financial stability monitoring exercise – should therefore account for shocks that originate from the global environment rather th ...
... are more and more exposed to shocks from the international environment. The analysis of risks to corporate sector credit quality – which is an important component of any financial stability monitoring exercise – should therefore account for shocks that originate from the global environment rather th ...
Lattice model (finance)
For other meanings, see lattice model (disambiguation)In finance, a lattice model [1] is a technique applied to the valuation of derivatives, where, because of path dependence in the payoff, 1) a discretized model is required and 2) Monte Carlo methods fail to account for optimal decisions to terminate the derivative by early exercise. For equity options, a typical example would be pricing an American option, where a decision as to option exercise is required at ""all"" times (any time) before and including maturity. A continuous model, on the other hand, such as Black Scholes, would only allow for the valuation of European options, where exercise is on the option's maturity date. For interest rate derivatives lattices are additionally useful in that they address many of the issues encountered with continuous models, such as pull to par.