... Stochastic processes Series Numerical analysis Several studies including Andersen and Lund (1997) , Ball and Torous (1999) , Kalimipalli and Susmel (2004) and Trolle and Schwartz (2009) have demonstrated that interest rate volatility is stochastic. For example, Figures 1 and 2 show...

... of investment advisers and are increasingly used by large fund companies in advertising the performance of their funds (Khorana and Nelling, 1998 ; Morey, 2002). Financial information Investments funds Stochastic processes Data analysis Australia In a bygone era superannuation and saving...