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Approximating intractable short ratemodel distribution with neural network

2019-12-29 · Anna Knezevic, Nikolai Dokuchaev

We propose an algorithm which predicts each subsequent time step relative to the previous timestep of intractable short rate model (when adjusted for drift and overall distribution of previous percentile result) and show that the method achieves superior outcomes to the unbiased estimate both on the trained dataset and different validation data.

📄 PDF Abstract BibTeX arXiv:1912.12615

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