Some system theoretic aspects of interes
β
Tomas BjΓΆrk; Bent Jesper Christensen; Andrea Gombani
π
Article
π
1998
π
Elsevier Science
π
English
β 452 KB
Using ideas and methods from system and control theory we review some recent results concering the following two problems: When is a given finite-dimensional submanifold invariant under the action of the dynamics of an interest rate model? When does there exist a finite-dimensional realisation of th