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- Author:
- Keith Feldman
- Source:
- Journal of the Institute of Actuaries [JIA] (1977) 104: 227-240 Feldman, K S
The gilt-edged market reformulated
THIS GILT-EDGED MARKET REFORMULATED BY K. S. FELDMAN, B.Sc., Ph.D., F.I.A. 1. BACKGROUND 1.1. In this note it is argued that models of the gilt-edged market which are based on yield curves are unnecessarily restrictive and should not be expected to ... read more >>