In the context of arbitrage-free modelling of financial derivatives, we introduce a novel calibration technique for models in the affine- quadratic class for the purpose of contingent claims pricing and risk- management. In particular, we aim at calibrating a stochastic volatility jump diffusion...

Our study encompasses two main objectives. One, using the 2001 OECD National Account database we compute Total Factor Productivity growth (TFPG) for Finland for the years from 1960 until 1999 using a chained Fisher index. We report that over the 4 decades Finland’s TFPG has grown on a 2.4%...