A stochastic differential equation is at the very core of short-term dynamics of financial market, especially short-term interest rate dynamics. Various parameter restrictions on the unrestricted model have led to many special models. Recently, the diffusion process have been applied to...

The main objective of the project is to identify major causes and leading indicators of banking crises based on the recent studies on banking crises in the emerging economies. It also aims to assess the effectiveness of the methods used, identify the critical issues involved, and examine the...