Convergence Studies on Monte Carlo Methods for Pricing Mortgage-Backed Securities
主 题: Convergence Studies on Monte Carlo Methods for Pricing Mortgage-Backed Securities
报告人: Dr.Tao Pang (North Carolina State University，USA)
时 间: 2007-11-30 下午 3:00
地 点: 理科一号楼 1114
Monte Car
l
o method is a wide
l
y used too
l
in modern finance which has been shown to be powerfu
l
and f
l
exib
l
e. In the prob
l
em of pricing Mortgage-Backed Securities (MBS), the Monte Car
l
o method is considered the best approach so far to app
l
y, because of the specia
l
structures of MBS.
