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. In this paper, we extend the Cox, Ross and Rubinstein (CRR) discrete-time model to include collateral and FVA. We prove … that this derived model is a discrete analogue of Piterbarg’s partial differential equation (PDE), which describes the …
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Using a new database of all patents issues in Mexico between 1870 and 1911, this paper explores the impact of the vast wave of technology imports into Mexico during the nineteenth century period of globalization. Historians have established that massive technology imports made possible sustained...
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The previously successful British merchant houses on the west coast of South America faced significant problems between the two world wars. Earlier historians have referred to difficulties such as the volatility of commodity prices, the organisation and structure of the firms, and changes in...
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El objetivo de este trabajo es determinar si las operaciones de comercio internacional, despachadas por las aduanas marítimas de México, presentan características fractales con memoria de largo plazo. Para estimar el exponente de Hurst (H), se empleó el método de rango escalado (R/S)...
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