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The Vasicek Model and Estimation of its Parameters

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14310%2F12%3A00059546" target="_blank" >RIV/00216224:14310/12:00059546 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    The Vasicek Model and Estimation of its Parameters

  • Original language description

    This paper deals with a mathematical model of short-term interest rate, the Vasicek model. First we recall the notions of zero cupon bond and instantaneous rate, then we present the model and derivation of conditional distribution of interest rate. The final part contains an estimation of the Vasicek model parameters and describes the estimation of parameters on real data.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    BA - General mathematics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2012

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Workshop of the Jaroslav Hájek Center and Financial Mathematics in Practice I, Book of short papers

  • ISBN

    9788021057784

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    24-29

  • Publisher name

    Masaryk University

  • Place of publication

    Brno

  • Event location

    Jedovnice

  • Event date

    Jan 1, 2011

  • Type of event by nationality

    CST - Celostátní akce

  • UT code for WoS article