Presentation is loading. Please wait.

Presentation is loading. Please wait.

p u d a 1-a q 1 d a k 1 1 a u d h 1-h u d h Y h.

Similar presentations


Presentation on theme: "p u d a 1-a q 1 d a k 1 1 a u d h 1-h u d h Y h."— Presentation transcript:

1

2

3

4 p u d a 1-a q 1 d a k 1 1 a

5

6 u d h 1-h

7 u d h Y h

8

9 e 1 d 0 u-1 0

10

11

12 v d

13

14

15

16

17

18 h 1-h Y h

19

20

21

22

23 v d

24 VariableEBVEGV Marginal belief0.690.57 Marginal belief1.000.69 Marginal belief0.390.57 House price0.770.47 House price0.950.72 House price0.490.19 Mortgage price0.460.18 Mortgage price0.950.19 Mortgage price0.19 VariableEBVEGV Interest rate0.0500 Interest rate0.0500 Interest rate0.0500 Leverage2.531.63 Leverage1.36 Leverage1.64 Volatility0.220.26 Volatility0.000.37 Volatility0.390.00

25

26

27 VariableBVGV Marginal belief0.950.94 Marginal belief0.990.98 Marginal belief0.860.89 House price1.071.41 House price1.141.52 House price0.870.93 Mortgage price1.011.32 Mortgage price1.091.44 Mortgage price0.770.87 VariableBVGV Interest rate0.05940.0711 Interest rate0.05130.0555 Interest rate0.13630.0661 Leverage17.8315.06 Leverage20.5019.03 Leverage8.3416.14 Volatility0.060.14 Volatility0.020.07 Volatility0.210.06

28

29

30

31

32 VariableBV n=0 BV n=0.2 GV n=0.2 M. belief0.950.910.88 M. belief0.990.980.95 M. belief0.860.730.81 H. price1.071.051.36 H. price1.14 1.49 H. price0.870.800.92 M. price1.010.941.17 M. price1.091.061.31 M. price0.770.600.83 VariableBV n=0 BV n=0.2 GV n=0.2 Int. rate0.05940.07050.0865 Int. rate0.05130.05240.0659 Int. rate0.13630.19350.0709 Leverage17.838.987.18 Leverage20.5013.718.07 Leverage8.344.0711.11 Volatility0.060.100.19 Volatility0.020.030.13 Volatility0.210.270.08

33

34


Download ppt "p u d a 1-a q 1 d a k 1 1 a u d h 1-h u d h Y h."

Similar presentations


Ads by Google