Comparing mortgages with different payment frequencies

Distributional Similarity of Words with Different Frequencies

Distributional semantics tries to characterize the meaning of words by the contexts in which they occur. Similarity of words hence can be derived from the similarity of contexts. Contexts of a word are usually vectors of words appearing near to that word in a corpus. It was observed in previous research that similarity measures for the context vectors of two words depend on the frequency of the...

Detecting causality between different frequencies.

Biological systems are usually non-linear and, as a result, the driving signal frequency (say, MHz) is in general not identical with the output frequency (say, N Hz). Coherence and causality analysis have been well-developed to measure the (directional) correlation between input and output signals with identical frequencies (N=M), but they are not applicable to the cases with different frequenc...

A Treatise on Mortgages

Comparing Smart Cities with different modeling approaches

Smart cities have attracted an extensive and increasing interest from both science and industry with an increasing number of international examples emerging from across the world. However, despite the significant role that smart cities can play to deal with recent urban challenges, the concept has been criticized for being influenced by vendor hype. There are various attempts to conceptualize s...

Adjustable Rate Mortgages: Valuation

A simulation method is employed to value Adustable Rate Mortgages, (ARMS). It is used to price two typical instruments: an ARM linked to a Treasury interest rate and an ARM linked to a "Cost of Funds" Index. Contractual provisions such as the margin over the index, caps and floors on the ARM's rate or on the monthly prepayment, reset frequency, and the "teaser" rate are examined for their influ...