http://www.cnr.it/ontology/cnr/individuo/prodotto/ID8135
Scenario-Generation Methods for an Optimal Public Debt Strategy (Articolo in rivista)
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- Scenario-Generation Methods for an Optimal Public Debt Strategy (Articolo in rivista) (literal)
- Anno
- 2007-01-01T00:00:00+01:00 (literal)
- Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#doi
- 10.1080/14697680601038167 (literal)
- Alternative label
Bernaschi M., Briani M., Papi M., Vergni D. (2007)
Scenario-Generation Methods for an Optimal Public Debt Strategy
in Quantitative finance (Print)
(literal)
- Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#autori
- Bernaschi M., Briani M., Papi M., Vergni D. (literal)
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- ISI Web of Science (WOS) (literal)
- Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#affiliazioni
- Inst Applicaz Calcolo Mauro Picone, CNR, I-00161 Rome, Italy (literal)
- Titolo
- Scenario-Generation Methods for an Optimal Public Debt Strategy (literal)
- Abstract
- We describe the methods employed for the generation of possible scenarios for term structure evolution. The problem originated as a request from the Italian Ministry of Economy and Finance to find an optimal strategy for the issuance of Public Debt securities. The basic idea is to split the evolution of each rate into two parts. The first component is driven by the evolution of the official rate (the European Central Bank official rate in the present case). The second component of each rate is represented by the fluctuations having null correlation with the ECB rate. (literal)
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