Application of levy processes to unitised with-profits policies
The objective of this thesis is to develop more realistic long term asset models based on L´evy processes and discuss their applications to risk management of unitised with-profits policies. We investigate the behaviour of long-term returns of the UK total share return index by testing the common st...
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Heriot-Watt University
2009
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.507800 |