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  • Interest Rate Models ¿ Theory and Practiceby Damiano Brigo; Fabio Mercurio

    Springer-Verlag Berlin and Heidelberg GmbH & Co. KG 2007; US$ 109.00

    Contains a calibration discussion of the basic LIBOR market model, with an analysis of the impact of the swaptions interpolation technique and of the exogenous instantaneous correlation on the calibration outputs. This work also includes a discussion of historical estimation of the instantaneous correlation matrix and of rank reduction. more...

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