We value rating-triggered step-up bonds with three methods: (i) the Jarrow, Lando and

A sequence of real numbers (<I>x_n</I>) is Benford if the significands, i.e. the fraction

In this article we develop an Instrumental Variable estimation procedure that corrects for possible endogeneity of a variable in a duration model. We assume a Generalized Accelerated Failure Time (GAFT) model. This model is based on transforming the durations and assuming a distribution for...