Interest Rates and Coupon Bonds in Quantum Finance

Interest Rates and Coupon Bonds in Quantum Finance
Author :
Publisher : Cambridge University Press
Total Pages : 509
Release :
ISBN-10 : 9781139483551
ISBN-13 : 1139483552
Rating : 4/5 (552 Downloads)

Book Synopsis Interest Rates and Coupon Bonds in Quantum Finance by : Belal E. Baaquie

Download or read book Interest Rates and Coupon Bonds in Quantum Finance written by Belal E. Baaquie and published by Cambridge University Press. This book was released on 2009-09-17 with total page 509 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic crisis of 2008 has shown that the capital markets need new theoretical and mathematical concepts to describe and price financial instruments. Focusing on interest rates and coupon bonds, this book does not employ stochastic calculus – the bedrock of the present day mathematical finance – for any of the derivations. Instead, it analyzes interest rates and coupon bonds using quantum finance. The Heath-Jarrow-Morton and the Libor Market Model are generalized by realizing the forward and Libor interest rates as an imperfectly correlated quantum field. Theoretical models have been calibrated and tested using bond and interest rates market data. Building on the principles formulated in the author's previous book (Quantum Finance, Cambridge University Press, 2004) this ground-breaking book brings together a diverse collection of theoretical and mathematical interest rate models. It will interest physicists and mathematicians researching in finance, and professionals working in the finance industry.


Interest Rates and Coupon Bonds in Quantum Finance Related Books

Interest Rates and Coupon Bonds in Quantum Finance
Language: en
Pages: 509
Authors: Belal E. Baaquie
Categories: Science
Type: BOOK - Published: 2009-09-17 - Publisher: Cambridge University Press

GET EBOOK

The economic crisis of 2008 has shown that the capital markets need new theoretical and mathematical concepts to describe and price financial instruments. Focus
Interest Rates and Coupon Bonds in Quantum Finance
Language: en
Pages:
Authors: B. E. Baaquie
Categories:
Type: BOOK - Published: 2009 - Publisher:

GET EBOOK

Summary: "The economic crisis of 2008 has shown that the capital markets need new theoretical and mathematical concepts to describe and price financial instrume
Quantum Finance
Language: en
Pages: 334
Authors: Belal E. Baaquie
Categories: Business & Economics
Type: BOOK - Published: 2007-07-23 - Publisher: Cambridge University Press

GET EBOOK

This book applies the mathematics and concepts of quantum mechanics and quantum field theory to the modelling of interest rates and the theory of options. Parti
Quantum Field Theory for Economics and Finance
Language: en
Pages: 717
Authors: B. E. Baaquie
Categories: Business & Economics
Type: BOOK - Published: 2018-08-23 - Publisher: Cambridge University Press

GET EBOOK

This book provides an introduction to how the mathematical tools from quantum field theory can be applied to economics and finance. Providing a range of quantum
Mathematical Methods and Quantum Mathematics for Economics and Finance
Language: en
Pages: 439
Authors: Belal Ehsan Baaquie
Categories: Business & Economics
Type: BOOK - Published: 2020-08-10 - Publisher: Springer Nature

GET EBOOK

Given the rapid pace of development in economics and finance, a concise and up-to-date introduction to mathematical methods has become a prerequisite for all gr