Complete the Correlation matrix

نویسندگان

  • Christian Kahl
  • Michael Günther
چکیده

In this article we discuss a method to complete the correlation matrix in a multi-dimensional stochastic volatility model. We concentrate on the construction of a positive definite correlation matrix. Furthermore we present a numerical integration scheme for this system of stochastic differential equations which improves the approximation quality of the standard Euler-Maruyama method with minimal additional computational effort.

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تاریخ انتشار 2005