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Preview of Consistent fitting of one-factor models to interest rate data.
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Consistent fitting of one-factor models to interest rate data. (stummer.pdf)

202 KBEN 30 pages
The authors fit one-factor Vasicek and Cox-Ingersoll-Ross models to US and UK term-structure data using full maximum-likelihood estimation, achieving average
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Download the paper (CAHIER_FDD_62.pdf)

612 KBEN 21 pages
Explicit investment rules are established for irreversible investment decisions with time-to-build and uncertainty, assuming a price-sensitive demand function...
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