Advances in Applied Probability, Vol. 19, No. 3 (Sep., 1987), pp. 632-651 (20 pages) We consider a class of functions on [0,∞), denoted by Ω , having Laplace transforms with only negative zeros and ...
This paper provides practical recommendations for the validation of the backtesting process under the targeted review of internal models (TRIM). It advises on the introductory steps for validating the ...