Thesiss

In this thesis we establish a relationship between the Potential Approach to interest rates and the Market Models. This relationship allows us to derive the dynamics of forward LIBOR rates and forward swap rates by modelling the state price density. It means that we are able to …

In the past two decades, there has been an extensive study on exchange rate economics. But research on the exchange rate related to currency crisis still remains as a challenging area. In this thesis, on the empirical side, we try to find the impact of 1997 Southeast Asian curre…

First chapter of my dissertation uses an EGARCH method and a Stochastic Volatility (SV) method which relies upon Markov Chain Monte Carlo (MCMC) framework based on Efficient Importance Sampling (EIS) to model inflation volatility of Turkey. The strength of SV model lies in its s…