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So any process modeling the stochastic nature of losses should reasonable include jumps. In this paper we review a few jump driven models for the valuation of Credit Default Swaps (CDSs) and show how under these dynamic models also pricing of (exotic) derivatives on single name CDSs is ...
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The pace of business change and the magnitude of geopolitical events over the past 12 months – from the United States and Europe to North Korea and the Middle East – made for one of the most dynamic and unpredictable environments our company has seen in our more than 105 years of ...
This was an unusual set of circumstances to navigate and the most challenging I have seen in my homebuilding career. Our team demonstrated resiliency and creativity in effectively navigating the significant operational obstacles, adapting to dynamic conditions, and executing on our core business ...
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However, the behavior of prices is difficult to relate to observed variation in costs and demand at the retail level. This suggests that retail prices may vary largely as a consequence of dynamic pricing strategies on the part of retailers or manufacturers, rather than static demand and supply ...
On the dynamic effects of the cross-section distribution of sectoral price changes in China Biao Gu, Liying Fu, Kehuan Yu 中国部门价格变动的动态效应研究 Cross-affiliation collaboration and power laws for research output of institutions: Evidence and theory from top three fin...
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