Download or read book La structure par terme des taux z ro written by Thierry Roncalli and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book LA STRUCTURE PAR TERME DES TAUX ZERO written by Thierry Roncalli and published by . This book was released on 1998 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: LE PRESENT TRAVAIL ABORDE DEUX PROBLEMES DE LA STRUCTURE PAR TERME DES TAUX ZERO : CELUI DE LA MODELISATION ET CELUI DE L'IMPLEMENTATION NUMERIQUE. IL SE COMPOSE DE DEUX PARTIES. LA PREMIERE PARTIE, QUI EST UNE APPROCHE DE LA STRUCTURE PAR TERME OBSERVEE, CONCERNE LES ASPECTS ECONOMIQUES DE LA STRUCTURE PAR TERME. DANS LE PREMIER CHAPITRE, ON S'INTERESSE AUX OUTILS DE CONSTRUCTION DE LA COURBE DES TAUX ET A LA VERIFICATION EM- PIRIQUE DE LA THEORIE DES ANTICIPATIONS RATIONNELLES. LE SECOND CHAPITRE EST UNE ANALYSE DU CONTENU INFORMATIONNEL DE LA STRUCTURE PAR TERME BASEE SUR LA DETERMINATION DES TAUX A TERME IMPLICITES. LE TROISIEME CHAPITRE CONSISTE EN UNE ANALYSE FACTORIELLE DE LA DEFOR- MATION DE LA COURBE DES TAUX. LA SECONDE PARTIE, QUI EST UNE APPROCHE DE LA STRUCTURE PAR TERME THEORIQUE, EST CONSACREE AUX ASPECTS FINANCIERS DE LA STRUCTURE PAR TERME. LES MODELES FACTORIELS A UNE ET PLUSIEURS VARIABLES D'ETAT SONT DECRITS DANS LES CHAPITRES QUA- TRE ET CINQ. CEUX-CI SONT COMPARES AUX MODELES ISSUS DU CADRE D'ANALYSE DE L'EQUILIBRE INTERTEMPOREL DE COX, INGERSOLL ET ROSS. LE SIXIEME CHAPITRE CONCERNE L'ESTIMATION DES MODELES DE STRUCTURE PAR TERME ET PLUS PARTICULIEREMENT CELLE DE LA DYNAMIQUE DU TAUX ZERO INSTANTANE. DANS LE SEPTIEME CHAPITRE, UNE NOUVELLE FAMILLE DE MODELES EST INTRODUITE POUR LA VALORISATION DES ACTIFS CONTINGENTS : CE SONT LES MODELES DE DEFORMATION DE LA COURBE DES TAUX (BLACK-DERMAN-TOY, BLACK-KARASINSKI, HEATH-JARROW-MORTON, HO-LEE ET HULL-WHITE). EN CONCLUSION, NOUS PRESENTONS QUELQUES UTILISATIONS POSSIBLES DES MODELES FINANCIERS DE STRUCTURE PAR TERME DANS LE CADRE D'UNE ANALYSE ECONOMIQUE. UNE BIBLIO- THEQUE DE PROCEDURES EN LANGAGE GAUSS (BASEES SUR LES ALGORITHMES PRESENTES) ET UN MANUEL D'UTILISATION COMPLETENT CE PRESENT TRAVAIL.
Download or read book Structure par terme des taux d int r t written by Philippe Priaulet and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Notre travail se compose de quatre chapitres qui s'articulent autour des enjeux principaux auxquels les marchés financiers sont confrontés en matière de taux d'intérêt. Le chapitre 1 est consacré à la comparaison de cinq méthodes paramétriques de révélation de la courbe des taux zéro-coupons, fondées sur l'ajustement d'une fonction d'actualisation sous forme de fonction spline ou sur l'ajustement des taux zéro-coupons sous forme d'une fonction de plusieurs paramètres. Dès l'instant où cette gamme est reconstituée, l'étape suivante consiste à imaginer comment elle va évoluer au cours du temps, sujet qui est au cœur du chapitre 2. Nous envisageons alors, les quatre grands courants de modélisation, l'univers de Black et Scholes [1973] adapté, les modèles à variables d'état explicatives, les modèles "martingale", et les modèles d'équilibre général. Il s'agit de synthétiser l'ensemble des connaissances sur le domaine pour tenter de répondre à la question que tout acteur du marché se pose : "quel modèle retenir ?" dans le chapitre 3, nous explorons un modèle tri-factoriel à volatilités déterministes, en vue de l'évaluation et la couverture de produits dérivés de taux. Notre optique est de caler en permanence le modèle sur les trois facteurs de déformation obtenus généralement par l'A. C. P. Enfin, le chapitre 4 jette un nouveau regard sur le contrôle du risque de taux. Le test de six techniques différentes sur un portefeuille à couvrir de type obligataire, permet d'apporter des alternatives aux marchés financiers, qui traditionnellement utilisent les procédés en duration et duration-convexité.
Download or read book Term Structure of Interest Rates written by Burton Gordon Malkiel and published by Princeton University Press. This book was released on 2015-12-08 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can expectations alone explain the yield differentials among bonds of different maturities? To what extend do attitudes toward risk and transactions costs influence the behavior of bond investors? Is it possible for the Federal Reserve to "twist" the interest-rate structure in accordance with its policy objectives? These are among the questions treated. Originally published in 1966. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book Correspondent Central Banking Model CCBM written by European Central Bank and published by . This book was released on 1998 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Terra 2008 written by Leslie Rainer and published by Getty Publications. This book was released on 2011-06-14 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earthen architecture constitutes one of the most diverse forms of cultural heritage and one of the most challenging to preserve. It dates from all periods and is found on all continents but is particularly prevalent in Africa, where it has been a building tradition for centuries. Sites range from ancestral cities in Mali to the palaces of Abomey in Benin, from monuments and mosques in Iran and Buddhist temples on the Silk Road to Spanish missions in California. This volume's sixty-four papers address such themes as earthen architecture in Mali, the conservation of living sites, local knowledge systems and intangible aspects, seismic and other natural forces, the conservation and management of archaeological sites, research advances, and training.
Download or read book The Mountain Pine Beetle written by Pacific Forestry Centre and published by . This book was released on 2006 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book presents a synthesis of published information on mountain pine beetle (Dendroctonus ponderosae Hopkins [Coleoptera: Scolytidae]) biology and management with an emphasis on lodgepole pine (Pinus contorta Dougl. ex Loud. var. latifolia Engelm.) forests of western Canada. Intended as a reference for researchers as well as forest managers, the book covers three main subject areas: mountain pine beetle biology, management, and socioeconomic concerns. The chapters on biology cover taxonomy, life history and habits, distribution, insect-host tree interactions, development and survival, epidemiology, and outbreak history. The management section covers management strategy, survey and detection, proactive and preventive management, and decision support tools. The chapters on socioeconomic aspects include an economic examination of management programs and the utilization of post-beetle salvage timber in solid wood, panelboard, pulp and paper products."--Publisher's description.
Download or read book New Strategies in Locust Control written by Stephan Krall and published by Springer Science & Business Media. This book was released on 1997-12-01 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the late eighties large-scale control operations were carried out to control a major desert locust upsurge in Africa. For the first time since the banning of organochlorine pesticides these operations relied mainly on non-persistent pesticides such as organophosphates and pyrethroids. The amount of pesticides sprayed and the area covered were probably the highest in the history of locust control and raised criticism with respect to efficacy, economic viability and environmental impact. As a consequence, applied research into the problem was intensified, both at the national and the international level, with the goal of finding new and environmentally sound approaches and solutions to locust and grasshopper control. Emphasis was laid on developing new control agents and techniques.
Download or read book Cumulated Index Medicus written by and published by . This book was released on 1977 with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Decree of Sa s written by Anne-Sophie von Bomhard and published by Oxford Centre for Maritime Archaeology. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: von Bomhard presents an edition of the stela found during underwater excavations in the Abukir Bay, at the site of ancient Thonis-Heracleion, and inscribed with the Decree of Sais. The text is a parallel to that inscribed on another stela found at Naucratis at the turn of last century. The author gives an introduction to the discovery of the two stelae, as well as a description of the monuments, including the scenes and captions found in the lunette (Part II). von Bomhard goes on to discuss the arrangement of the texts and figures depicted on the decree, and the possible symbolism behind them. The bulk of the text is occupied by a careful transliteration and translation of the text, followed by an exhaustive bibliography, an index of words discussed, a synoptic overview of orthographic and figurative variations, and an index of Egyptian words. This is an important work that contributes to the understanding of royal benefactions to temples and aspects of trade and taxation systems in force at the time of the decree.
Download or read book The Econometrics of Individual Risk written by Christian Gourieroux and published by Princeton University Press. This book was released on 2015-07-28 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: The individual risks faced by banks, insurers, and marketers are less well understood than aggregate risks such as market-price changes. But the risks incurred or carried by individual people, companies, insurance policies, or credit agreements can be just as devastating as macroevents such as share-price fluctuations. A comprehensive introduction, The Econometrics of Individual Risk is the first book to provide a complete econometric methodology for quantifying and managing this underappreciated but important variety of risk. The book presents a course in the econometric theory of individual risk illustrated by empirical examples. And, unlike other texts, it is focused entirely on solving the actual individual risk problems businesses confront today. Christian Gourieroux and Joann Jasiak emphasize the microeconometric aspect of risk analysis by extensively discussing practical problems such as retail credit scoring, credit card transaction dynamics, and profit maximization in promotional mailing. They address regulatory issues in sections on computing the minimum capital reserve for coverage of potential losses, and on the credit-risk measure CreditVar. The book will interest graduate students in economics, business, finance, and actuarial studies, as well as actuaries and financial analysts.
Download or read book Culture 2030 indicators written by UNESCO and published by UNESCO Publishing. This book was released on 2019-11-18 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Adhesion Between Polymers and Concrete Adh sion Entre Polym res Et B ton written by H. R. Sasse and published by Springer. This book was released on 1986 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt: Preface Adhesion is a phenomenon architects and civil engineers are not very familiar with. In other disciplines knowledge about surface properties and the background of bonding energies is also far from satisfactory; nevertheless there are many important· applications in concrete engineering, where adhesion is necessary for success and durability. These include: - coating and painting - repair of concrete surfaces - bonding of fresh to old concrete - crack injection - glueing of precast elements - glueing of steel to concrete, etc. In 1981 RILEM established the technical committee 52-RAC 'Resin Adherence to Concrete'. The main aims of the committee's work were - to collect research results and practical experiences - to initiate and coordinate research programs - to develop, on a scientific base, test methods for field and for laboratory purposes. One of the results of the committee's work is a state-of-the-art report, which will be presented orally as a General Report at the International Symposium ISAP '86, and will be printed either in the RILEM journal Materials and Structures or separately. Several test recommendations have been elaborated and will be prepared as drafts for the participants ofISAP '86. These are: - direct tensile test - pull-off test - direct shear test - slant shear test - four-point bending test - dynamic loading test - thermal compatibility test (two versions) - injectibility test.
Download or read book Advances in Solid State Fermentation written by S. Roussos and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: G.HAINNAUX Departement Milieu et Activites Agricoles, Centre ORSTOM, 911 Avenue d' Agropolis, B.P. 5045, 34032 Montpellier Cedex , France. Solid state fermentation, popularly abbreviated as SSF, is currently investigated by many groups throughout the world. The study of this technique was largely neglected in the past in European and Western countries and there is now a high demand for SSF, meaning in food, environment, agricultural, phannaceutical and many other biotechnological applications. It gives me satisfaction to note that the importance of this technique was realised at my department way back in 1975 since then, our team has put concentrated efforts on developing this technique. xvii Foreword Advances in Solid State Fermentation Foreword M. PUYGRENIER Agropolis Valorisation, Avenue d' Agropolis, 34394 Montpellier Cedex 5, France. On the name of the Scientific Community, I would like to express the wish that this International Symposium on SSF should be successful. Solid State Fermentation is part of biotechnology research. It consists on seeding solid culture medium with bacteria or fungi (filamentous or higher) and on producing, in this medium (solid components and exudates) metabolites and high value products. In fact, this process is very old. In older industries such the food and agricultural, this technique has been extensively used. An example of this is the production of pork sausages and Roquefort cheese. Pharmaceutical industry could make extensive use of SSF in the production of secondary metabolites of many kinds and development in this direction is soon expected.
Download or read book Leverage and Financing of Non financial Companies written by C. E. V. Borio and published by . This book was released on 1990 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Guidance Principles for Life Cycle Assessment Databases written by Guido Sonnemann and published by United Nations Publications. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The publication provides guidance principles for Life Cycle Assessment (LCA) databases; this includes how to collect raw data, how to develop datasets and how to manage databases. It also addresses questions concerning data documentation and review, coordination among databases, capacity building and future scenarios. LCA databases provide fundamental energy, materials, land, water consumption data and emissions data into water, air and soil for a wide range of processes, products and materials. In this way the publication provides the bridge between the data users and the data providers, making basic information easily accessible for computing the environmental footprints of materials and products that are key to make and judge green claims and to allow institutional and individual consumers to make informed consumption choices.
Download or read book A Textbook of Translation written by Peter Newmark and published by . This book was released on 1987 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:
