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The number of unemployed persons per vacancy more than tripled during the 2008–2009 recession. The ratio fell after July 2009 but remains more than double its prerecession level as of September 20...
We consider the problem of valuing a European option written on an asset whose dynamics are described by an exponential L\'evy-type model. Both the volatility and jump-intensity of the L\'evy process ...
We study the optimal liquidation problem using limit orders. Albeit the seminal literature on optimal liquidation, rooted to Almgren-Chriss models, tackles the optimal liquidation problem using a trad...
The utility-based pricing of defaultable bonds in the case of stochastic intensity models of default risk is discussed. The Hamilton-Jacobi- Bellman (HJB) equations for the value functions is derived....
Let $(X_t)_{t\ge0}$ be a continuous-time, time-homogeneous strong Markov process with possible jumps and let $\tau$ be its first hitting time of a Borel subset of the state space. Suppose $X$ is sampl...
The goal of the work is to find and describe the effect of the shape and size of the land on the energy intensity of an agricultural operation. This effect is expressed by means of coefficient KS that...

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