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  • Generating Stochastic Interest Rate Scenarios
    a monograph for the Society, which is titled" Valuation of Interest-Sensitive Financial Investments" [for ... becomes very useful, because we can do this same valuation more efficiently by using iterations of single-period ...

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    • Authors: David N Becker, Michael F Davlin, Gordon E Klein, Mark S Tenney, Craig Merrill
    • Date: Oct 1995
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods>Stochastic models
  • An Actuarial Layman's Guide to Building Stochastic Interest Rate Generators
    or they can be adjusted to accom- modate an individual investor's subjective views. The arbitrage-free ... markets; relative prices that do not depend on individual investors' subjective views or risk prefer- ...

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    • Authors: Michael F Davlin, Merlin F Jetton, James A Tilley, Hal Warren Pedersen
    • Date: Oct 1992
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Topics: Economics>Financial economics; Modeling & Statistical Methods>Stochastic models