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Reshaping the world: the 2005 round of the International Comparison Program
Reshaping the world International Comparison Program
2014/3/17
I provide a brief and non-technical introduction to the 2005 round of the International Price Comparison Program. I explain why it is necessary to collect prices around the world, and why the 2005 rou...
Comparison of numerical and analytical approximations of the early exercise boundary of the American put option
Comparison of numerical and analytical approximations early exercise boundary American put option
2010/10/18
In this paper we present qualitative and quantitative comparison of various analytical and numerical approximation methods for calculating a position of the early exercise boundary of the American pu...