Teaching Spreadsheet Simulation
... Thinking of simulation as the method of first choice. Simulating too many quantities. Too much focus on distribution/parameter selection or on the numerical results, not enough on insights/decision. Misinterpretation of results, especially confidence intervals Modeling: Using same return, lead time, ...
... Thinking of simulation as the method of first choice. Simulating too many quantities. Too much focus on distribution/parameter selection or on the numerical results, not enough on insights/decision. Misinterpretation of results, especially confidence intervals Modeling: Using same return, lead time, ...
Liquidity, Quantitative Easing and Optimal Monetary Policy
... such models optimal policy design involves replicating ‡exible price equilibrium allocation by responding to shocks such that price levels are fully stabilised (see for example Gali (2008) and Woodford (2003)). However, recent studies such as by Kiyotaki and Moore (2008) and Jermann and Quardrini (2 ...
... such models optimal policy design involves replicating ‡exible price equilibrium allocation by responding to shocks such that price levels are fully stabilised (see for example Gali (2008) and Woodford (2003)). However, recent studies such as by Kiyotaki and Moore (2008) and Jermann and Quardrini (2 ...
DHTs
... – We can have r different coordinate spaces – Nodes hold a zone in each of them – Creates r replicas of the (key, value) pairs – Increases robustness – Reduces path length as search can be continued in the reality where the target is closest • Overloading zones – Different peers are responsible for ...
... – We can have r different coordinate spaces – Nodes hold a zone in each of them – Creates r replicas of the (key, value) pairs – Increases robustness – Reduces path length as search can be continued in the reality where the target is closest • Overloading zones – Different peers are responsible for ...
AN OVERVIEW OF HIERARCHICAL SPATIAL DATA STRUCTURES
... The term quadtree is used to describe a class of hierarchical data structures whose common property is that they are based on the principle of recursive decomposition of space. They can be differentiated on the following bases: (1) the type of data that they are used to represent, (2) the principle ...
... The term quadtree is used to describe a class of hierarchical data structures whose common property is that they are based on the principle of recursive decomposition of space. They can be differentiated on the following bases: (1) the type of data that they are used to represent, (2) the principle ...
Owning Bonds - 2012 Book Archive
... TIPS pay a fixed coupon, but the principal adjusts with inflation. At maturity, you are repaid either the original principal or the inflation-adjusted principal, whichever is greater. State and municipal governments issue revenue bonds or general obligation bonds. A revenue bond21 is repaid out of t ...
... TIPS pay a fixed coupon, but the principal adjusts with inflation. At maturity, you are repaid either the original principal or the inflation-adjusted principal, whichever is greater. State and municipal governments issue revenue bonds or general obligation bonds. A revenue bond21 is repaid out of t ...
1-a
... Data Structures: The Data For almost all purposes, data structures are used to store many “records” of data, where the records have something in common. The records have many fields, such as in a personnel records system. The records may be fixed or variable in size. If the size has a “small” bound, ...
... Data Structures: The Data For almost all purposes, data structures are used to store many “records” of data, where the records have something in common. The records have many fields, such as in a personnel records system. The records may be fixed or variable in size. If the size has a “small” bound, ...
Parallel Tree Traversal for Nearest Neighbor Query on the GPU
... Abstract—The similarity search problem is found in many application domains including computer graphics, information retrieval, statistics, computational biology, and scientific data processing just to name a few. Recently several studies have been performed to accelerate the k-nearest neighbor (kNN ...
... Abstract—The similarity search problem is found in many application domains including computer graphics, information retrieval, statistics, computational biology, and scientific data processing just to name a few. Recently several studies have been performed to accelerate the k-nearest neighbor (kNN ...
Macroeconomic Risk and Debt Overhang PRELIMINARY AND INCOMPLETE ∗ Hui Chen
... Myers (1977) argues that, in the presence of risky debt, equityholders of a levered firm underinvest, because a fraction of the value generated by their new investment will accrue to the existing debtholders. Thus, investment decisions not only depend on the cash flows from investment, but also the ...
... Myers (1977) argues that, in the presence of risky debt, equityholders of a levered firm underinvest, because a fraction of the value generated by their new investment will accrue to the existing debtholders. Thus, investment decisions not only depend on the cash flows from investment, but also the ...
Guidance Note on the Calculation of Capital Requirement for Market
... exchange risk and commodity risk throughout the bank for estimating capital requirement for market risk. The capital requirement, takes into account both on- and off‐balance sheet positions that are subject to market risk. Banks that are not able to properly measure and manage the risks associated w ...
... exchange risk and commodity risk throughout the bank for estimating capital requirement for market risk. The capital requirement, takes into account both on- and off‐balance sheet positions that are subject to market risk. Banks that are not able to properly measure and manage the risks associated w ...
Improving the Performance of Data Cube Queries Using Families of
... [5]. O’Neil and Quass [19] provide an excellent overview of and detailed analyses for index structures which can be used to speed up OLAP queries. View materialization refers to the pre-computing of partial query results used to derive the answer for frequently asked queries. Since it is impractical ...
... [5]. O’Neil and Quass [19] provide an excellent overview of and detailed analyses for index structures which can be used to speed up OLAP queries. View materialization refers to the pre-computing of partial query results used to derive the answer for frequently asked queries. Since it is impractical ...
Does Global Fear Predict Fear in BRICS Stock Markets?
... countries will respond to a change in VIXs of major developed countries because the market risks reflected in the latter are also part of the risks for the former. According to the discounted cash-flow method, stock prices in BRICS are affected by changes in the discount rate which reflect changes i ...
... countries will respond to a change in VIXs of major developed countries because the market risks reflected in the latter are also part of the risks for the former. According to the discounted cash-flow method, stock prices in BRICS are affected by changes in the discount rate which reflect changes i ...
Trees
... 1. Initialize list of n one-node binary trees containing a weight for each character 2. Do the following n – 1 times a. Find two trees T' and T" in list with minimal weights w' and w" b. Replace these two trees with a binary tree whose root is w' + w" and whose subtrees are T' and T" and label point ...
... 1. Initialize list of n one-node binary trees containing a weight for each character 2. Do the following n – 1 times a. Find two trees T' and T" in list with minimal weights w' and w" b. Replace these two trees with a binary tree whose root is w' + w" and whose subtrees are T' and T" and label point ...
Linked List - asyrani.com
... Node* newNode = new Node(); - We will create a newNode to access all the variables and functions in Class Node ...
... Node* newNode = new Node(); - We will create a newNode to access all the variables and functions in Class Node ...
Chapter 15
... 1. Initialize list of n one-node binary trees containing a weight for each character 2. Do the following n – 1 times a. Find two trees T' and T" in list with minimal weights w' and w" b. Replace these two trees with a binary tree whose root is w' + w" and whose subtrees are T' and T" and label point ...
... 1. Initialize list of n one-node binary trees containing a weight for each character 2. Do the following n – 1 times a. Find two trees T' and T" in list with minimal weights w' and w" b. Replace these two trees with a binary tree whose root is w' + w" and whose subtrees are T' and T" and label point ...
i Proper Valuation of Perpetuities in an Inflationary Environment
... We examine the proper valuation of perpetuities without real growth. The case of a “pure” non growing perpetuity (zero real growth and zero inflation) is of academic interest but in practice it might be difficult to find. The findings contradict what is generally accepted in the literature. In parti ...
... We examine the proper valuation of perpetuities without real growth. The case of a “pure” non growing perpetuity (zero real growth and zero inflation) is of academic interest but in practice it might be difficult to find. The findings contradict what is generally accepted in the literature. In parti ...
COMP1406/1006 Tutorial 10
... If you tried to visit each node in this linked list (using recursion or iteration) you would keep visiting the last two nodes indefinitely until your program had stack overflow error (recursion) or it you terminated the program since it was taking too long (iterative approach). Note that the toStrin ...
... If you tried to visit each node in this linked list (using recursion or iteration) you would keep visiting the last two nodes indefinitely until your program had stack overflow error (recursion) or it you terminated the program since it was taking too long (iterative approach). Note that the toStrin ...
Predicting Turning Points - Federal Reserve Bank of Minneapolis
... and Mishkin (1998) for recessions. They consider only financial variables for their probit model specifications. As Estrella-Mishkin argue, a probit model is the natural one to use for the prediction of turning points. Our work differs from the models previously used under either direct approach.8 M ...
... and Mishkin (1998) for recessions. They consider only financial variables for their probit model specifications. As Estrella-Mishkin argue, a probit model is the natural one to use for the prediction of turning points. Our work differs from the models previously used under either direct approach.8 M ...
Daily RAG Recommendation
... Asian and European equity markets are strong following the sharp reversal in US equities in Friday’s trading session. Having opened lower on the back of poor nonfarm payrolls data, US equities reached their low point at around 3pm London time (& @ 1,883 on Dec futures). The index then closed 60 poin ...
... Asian and European equity markets are strong following the sharp reversal in US equities in Friday’s trading session. Having opened lower on the back of poor nonfarm payrolls data, US equities reached their low point at around 3pm London time (& @ 1,883 on Dec futures). The index then closed 60 poin ...
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.