{"title":"Lixin Wu","description":null,"products":[{"product_id":"interest-rate-modeling-book-lixin-wu-9780815378914","title":"Interest Rate Modeling","description":"Containing many results that are new, or which exist only in recent research articles, Interest Rate Modeling: Theory and Practice, 2nd Edition portrays the theory of interest rate modeling as a three-dimensional object of finance, mathematics, and computation. It introduces all models with financial-economical justifications, develops options along the martingale approach, and handles option evaluations with precise numerical methods.  Features         Presents a complete cycle of model construction and applications, showing readers how to build and use models      Provides a systematic treatment of intriguing industrial issues, such as volatility and correlation adjustments      Contains exercise sets and a number of examples, with many based on real market data      Includes comments on cutting-edge research, such as volatility-smile, positive interest-rate models, and convexity adjustment       New to the 2nd edition: volatility smile modeling; a new paradigm for inflation derivatives modeling; an extended market model for credit derivatives; a dual-curved model for the post-crisis interest-rate derivatives markets; and an elegant framework for the xVA.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":49731298328849,"sku":"NGR9780815378914","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":52469197439249,"sku":"CIN0815378912VG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ LIKE_NEW \/ SBYB","offer_id":53415388348689,"sku":"CIN0815378912LN","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0815378912.jpg?v=1751297244"},{"product_id":"interest-rate-modeling-book-lixin-wu-9781032483559","title":"Interest Rate Modeling","description":"Containing many results that are new, or which exist only in recent research articles, this thoroughly revised third edition of Interest Rate Modeling: Theory and Practice, Third Edition portrays the theory of interest rate modeling as a three-dimensional object of finance, mathematics, and computation. It introduces all models with financial-economical justifications, develops options along the martingale approach, and handles option evaluations with precise numerical methods.  Features    Presents a complete cycle of model construction and applications, showing readers how to build and use models Provides a systematic treatment of intriguing industrial issues, such as volatility smiles and correlation adjustments Contains exercise sets and a number of examples, with many based on real market data Includes comments on cutting-edge research, such as volatility-smile, positive interest-rate models, and convexity adjustment   New to the Third edition      Introduction of Fed fund market and Fed fund futures Replacement of the forward-looking USD LIBOR by the backward-looking SOFR term rates in the market model, and the deletion of dual-curve market model developed especially for the post-crisis derivatives markets New chapters on LIBOR Transition and SOFR Derivatives Markets","brand":"WoB","offers":[{"title":"US \/ NEW \/ INGRAM","offer_id":51017663447313,"sku":"NIN9781032483559","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52595854835985,"sku":"NLS9781032483559","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1032483555.jpg?v=1751269214"}],"url":"https:\/\/www.worldofbooks.com\/collections\/author-books-by-lixin-wu.oembed","provider":"World of Books ","version":"1.0","type":"link"}