Praise for Dynamic Term Structure Modeling "This book offers the
most comprehensive coverage of term-structure models I have seen so
far, encompassing equilibrium and no-arbitrage models in a new
framework, along with the major solution techniques using trees,
PDE methods, Fourier methods, and approximations. It is an
essential reference for academics and practitioners alike."
--Sanjiv Ranjan Das Professor of Finance, Santa Clara University,
California, coeditor, Journal of Derivatives "Bravo! This is an
exhaustive analysis of the yield curve dynamics. It is clear,
pedagogically impressive, well presented, and to the point."
--Nassim Nicholas Taleb author, Dynamic Hedging and The Black Swan
"Nawalkha, Beliaeva, and Soto have put together a comprehensive,
up-to-date textbook on modern dynamic term structure modeling. It
is both accessible and rigorous and should be of tremendous
interest to anyone who wants to learn about state-of-the-art fixed
income modeling. It provides many numerical examples that will be
valuable to readers interested in the practical implementations of
these models." --Pierre Collin-Dufresne Associate Professor of
Finance, UC Berkeley "The book provides a comprehensive description
of the continuous time interest rate models. It serves an important
part of the trilogy, useful for financial engineers to grasp the
theoretical underpinnings and the practical implementation."
--Thomas S. Y. Ho, PHD President, Thomas Ho Company, Ltd, coauthor,
The Oxford Guide to Financial Modeling