downoad
... Copy Tree • Shallow copy of the data – Obtained when value of the pointer of the root node used to make a copy of a binary tree ...
... Copy Tree • Shallow copy of the data – Obtained when value of the pointer of the root node used to make a copy of a binary tree ...
Stock Market Efficiency: An Autopsy
... changes in the closing value of the S&P500 index during the 1980s are consistent with a random walk. The answer appears to be "almost, but not quite." The results show a five-day trading cycle that can be used to predict stock price movements, but this cycle is a very small source of the total varia ...
... changes in the closing value of the S&P500 index during the 1980s are consistent with a random walk. The answer appears to be "almost, but not quite." The results show a five-day trading cycle that can be used to predict stock price movements, but this cycle is a very small source of the total varia ...
Binary Search Trees of Almost Optimal Height
... When a key is to be deleted from an SBB(k)-tree we follow a search path down the tree until the binary node containing the key is found. If the node is at the bottom of the tree it is removed and replaced by a leaf, otherwise it is replaced by its predecessor (or successor), which is found at the bo ...
... When a key is to be deleted from an SBB(k)-tree we follow a search path down the tree until the binary node containing the key is found. If the node is at the bottom of the tree it is removed and replaced by a leaf, otherwise it is replaced by its predecessor (or successor), which is found at the bo ...
Sovereign yield spreads during the Euro-crisis
... part of these growing yields is likely to represent a systemic risk, i.e. that one or more countries will drop out of the European Monetary Union and reintroduce their own national currencies. This empirical analysis explores whether such systemic risk is present in the yield spreads of nine Euro ar ...
... part of these growing yields is likely to represent a systemic risk, i.e. that one or more countries will drop out of the European Monetary Union and reintroduce their own national currencies. This empirical analysis explores whether such systemic risk is present in the yield spreads of nine Euro ar ...
NBER WORKING PAPER SERIES INFLATION ILLUSION, CREDIT, AND ASSET PRICING Monika Piazzesi
... perceives lower real rates and thus drives up house prices. In a low inflation environment, such as the 2000s, the increased demand for housing and mortgages is due to illusionary agents, who mistake low nominal rates for low real rates, while smart investors are happy to invest in bonds. In times of ...
... perceives lower real rates and thus drives up house prices. In a low inflation environment, such as the 2000s, the increased demand for housing and mortgages is due to illusionary agents, who mistake low nominal rates for low real rates, while smart investors are happy to invest in bonds. In times of ...
Underdevelopment of Financial Markets and Excess
... there to be no exogenous difference in shock processes between the two types of economy. Instead, I study how a standard stochastic growth model, enhanced by the friction of micro-level project indivisibility, could endogenously deliver the observed differences between measured TFP shock processes. ...
... there to be no exogenous difference in shock processes between the two types of economy. Instead, I study how a standard stochastic growth model, enhanced by the friction of micro-level project indivisibility, could endogenously deliver the observed differences between measured TFP shock processes. ...
Doubly linked lists 1 - Richard Kay`s BCU/CEBE Page
... Singly linked lists using array storage 3 The bottom 2 diagrams on the previous slide show a node for Bob (mark 62) being inserted into the linked list in alphabetical order. Each node contains the address of the node that follows it in the list. So the nodes can be stored anywhere in memory. The l ...
... Singly linked lists using array storage 3 The bottom 2 diagrams on the previous slide show a node for Bob (mark 62) being inserted into the linked list in alphabetical order. Each node contains the address of the node that follows it in the list. So the nodes can be stored anywhere in memory. The l ...
201137164328144
... 1. Understand the six major stages of the process used to establish prices 2. Know the issues that are related to developing pricing objectives 3. Understand the importance of identifying the target market’s evaluation of price 4. Describe how marketers analyse competitive prices ...
... 1. Understand the six major stages of the process used to establish prices 2. Know the issues that are related to developing pricing objectives 3. Understand the importance of identifying the target market’s evaluation of price 4. Describe how marketers analyse competitive prices ...
Loan Portfolio Selection and Risk Measurement
... • A0 , AH , AM valuations. Stochastic process generating AH, AM: ln AH = ln A0 + (-.52)tH + HtH ...
... • A0 , AH , AM valuations. Stochastic process generating AH, AM: ln AH = ln A0 + (-.52)tH + HtH ...
A Forest of Hashed Binary Search Trees with Reduced Internal Path
... internal path length. In static maintenance, periodically, the entire tree is taken as input, and some maintenance work is applied. Examples of static maintenance are: Day’s algorithm [4], Chang & Iyengar’s algorithm [14], and, Stout & Warren’s algorithm [16]. Both dynamic and static solutions have ...
... internal path length. In static maintenance, periodically, the entire tree is taken as input, and some maintenance work is applied. Examples of static maintenance are: Day’s algorithm [4], Chang & Iyengar’s algorithm [14], and, Stout & Warren’s algorithm [16]. Both dynamic and static solutions have ...
Portfolio Funding Profile
... Long-term view of historical returns provides the best estimates for risks and correlations ...
... Long-term view of historical returns provides the best estimates for risks and correlations ...
Trees
... Postorder: visit the children left to right, then visit the node itself Level-Order: visit all nodes in a level left to right, starting with the root Decision Trees can be read from files and used to create an expert system Execution Trees can be used to Describe Recursive program flow Trees can be ...
... Postorder: visit the children left to right, then visit the node itself Level-Order: visit all nodes in a level left to right, starting with the root Decision Trees can be read from files and used to create an expert system Execution Trees can be used to Describe Recursive program flow Trees can be ...
Systemic Risk and Sentiment
... was at 4.5%, as was the MES of Lehman. By the end of September when Lehman declared bankruptcy, AIG’s MES had soared to 25.8%. Citigroup, Merrill Lynch, Morgan Stanley, and even JP Morgan Chase all had MES values above 8%. Goldman Sachs stood out as an exception, with an MES of 6.5%. By this time, t ...
... was at 4.5%, as was the MES of Lehman. By the end of September when Lehman declared bankruptcy, AIG’s MES had soared to 25.8%. Citigroup, Merrill Lynch, Morgan Stanley, and even JP Morgan Chase all had MES values above 8%. Goldman Sachs stood out as an exception, with an MES of 6.5%. By this time, t ...
A linked list
... As pre-lab activity, review Ch3, from the book Data Structures with Java by John R. Hubbardand also the relevant instructor’s slides. ...
... As pre-lab activity, review Ch3, from the book Data Structures with Java by John R. Hubbardand also the relevant instructor’s slides. ...
X - Suyash Bhardwaj
... • Binomial-heap-merge guarantees that if two roots in h have the same degree they are adjacent in the root list • During the execution of union, there may be three roots of the same degree appearing on the root list at some time ...
... • Binomial-heap-merge guarantees that if two roots in h have the same degree they are adjacent in the root list • During the execution of union, there may be three roots of the same degree appearing on the root list at some time ...
Chapter 12: The Cost of Capital
... • Required rate of return for creditors • Same cost found in Chapter 12 as yield to maturity on bonds (kd). • e.g. Suppose that a company issues bonds with a before tax cost of 10%. • Since interest payments are tax deductible, the true cost of the debt is the after tax cost. • If the company’s tax ...
... • Required rate of return for creditors • Same cost found in Chapter 12 as yield to maturity on bonds (kd). • e.g. Suppose that a company issues bonds with a before tax cost of 10%. • Since interest payments are tax deductible, the true cost of the debt is the after tax cost. • If the company’s tax ...
Liquidity risk and arbitrage pricing theory
... useful, is lacking in this regard. As a first solution to this problem, liquidity risk has recently been incorporated into arbitrage pricing theory as a convenience yield (see Jarrow and Turnbull [22]; Jarrow [21]). Convenience yields have a long history in the context of commodity pricing. This solu ...
... useful, is lacking in this regard. As a first solution to this problem, liquidity risk has recently been incorporated into arbitrage pricing theory as a convenience yield (see Jarrow and Turnbull [22]; Jarrow [21]). Convenience yields have a long history in the context of commodity pricing. This solu ...
previous-qns-and-answers
... You may have noticed that in a max heap, the largest value can easily be removed from the top of the heap and in the ensuing siftDown() a 'free' slot is made available at what was the end of the heap. The removed value could then be stored in the vacated slot. If this process was repeated until the ...
... You may have noticed that in a max heap, the largest value can easily be removed from the top of the heap and in the ensuing siftDown() a 'free' slot is made available at what was the end of the heap. The removed value could then be stored in the vacated slot. If this process was repeated until the ...
УДК 336.7 JEL Code G10 С.М. ДЕНЬГА (Полтавський університет
... because with its help the risks of changes of commodity prices are distributed. In this case sign of the classification must be corrected. The second error – the derivative is not always based on underlying asset. Financial instruments are divided into financial assets, financial liabilities and eq ...
... because with its help the risks of changes of commodity prices are distributed. In this case sign of the classification must be corrected. The second error – the derivative is not always based on underlying asset. Financial instruments are divided into financial assets, financial liabilities and eq ...
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.