Day: March 14, 2016

BRAND: Dynamics of the number of participants in the private pension

Tudor Colomeischi and Eugenia Iancu have done a stimulating research on the Dynamics of the number of participants in the second pillar of mandatory private pension of Romania during May 2008 – November 2014. The demographic issues confronted by the annuity framework in Romania and those identified with deficient assets

BRAND: Pricing in Multi-Heston Framework

BRAND journal provides a very interesting article written by Tiberiu Socaciu from Stefan cel Mare University of Suceava, Faculty of Economics. This article displays a definitive in determining an estimating system’s multi-Heston. Fundamentally, he utilizes the hypothesis Carr-Bakshi-Madan and a trademark capacity technique. In this first part, he incorporates arrangements of