This series provides an outlet for high quality, original contributions across the full spectrum of the discipline of economics. Featuring the work of innovative scholars from Europe, the series aims to explore such exciting areas as experimental economics, new theories of the firm and financial economics.
By Jeroen F. J. De Munnik
October 18, 2005
The increased volatility of interest rates during recent years and the corresponding introduction of a variety of interest rate derivative securities like bond options, futures and embedded options in mortgages, underlines the need for a comprehensive financial theory to determine values of fixed ...