A stochastic asset-liability model using stable distributions
Bibliography: pages 100-108. === The salient feature under examination in this thesis is the assumption that the error terms, ZD(t) and Zy(t), are normally distributed. This assumption is common to most of the stochastic asset models that are in widespread use within the actuarial profession. An exa...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Dissertation |
| Language: | English |
| Published: |
University of Cape Town
2016
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/11427/21338 |