H.-C. O
Faculty of Mathematics, Kim Il Sung University, Taesong District, Pyongyang, D. P. R. Korea.
[ 1 ] - A comprehensive unified model of structural and reduced form type for defaultable fixed income bonds
The aim of this paper is to generalize the comprehensive structural model for defaultable fixed income bonds (considered in R. Agliardi, A comprehensive structural model for defaultable fixed-income bondsو Quant. Finance 11 (2011), no. 5, 749--762.) into a comprehensive unified model of structural and reduced form models. In our model the bond holders receive the deterministic co...