On 22 December 2017 President Trump signed the Tax Cuts and Jobs Act. This corporate tax reform can be considered the most signifi cant amendment of the US corporate tax code since 1986. Besides the reduction of the corporate income tax rate from 35% to 21%, the Tax Cuts and Jobs Act entails...

We consider the valuation of derivative contracts on baskets where prices of single assets are Levy-like Feller processes of tempered stable type. The dependence among the marginals' jump structure is parametrized by a Levy copula. For marginals of regular, exponential Levy type in the sense of...

The paper is concerned with the numerical solution of nonlinear conservation laws and nonlinear convection–diffusion problems. We discuss two versions of this method: (a) Finite volume discontinuous Galerkin (FVDG) method, which is a generalization of the combined finite volume–finite...