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Erratum to: `Yield curve shapes and the asymptotic short rate distribution in affine one-factor models'

Mathematical Finance 2018-02-15 v2

Abstract

This paper corrects an error in [Keller-Ressel, M. and Steiner T. "Yield curve shapes and the asymptotic short rate distribution in affine one-factor models." Finance and Stochastics 12.2 (2008): 149-172]. The error concerns the correct expression for the boundary between normal and humped yield curve behavior in affine one-factor short-rate models.

Keywords

Cite

@article{arxiv.1711.00737,
  title  = {Erratum to: `Yield curve shapes and the asymptotic short rate distribution in affine one-factor models'},
  author = {Martin Keller-Ressel},
  journal= {arXiv preprint arXiv:1711.00737},
  year   = {2018}
}

Comments

minor update