We propose a method for calibrating high-dimensional parameters in the Hull-White one-factor model using market prices of swaptions, aimed at generating mark-to-market interest rate scenarios in the Korean insurance industry. Our approach integrates a trust region-based Bayesian optimization...

Russia's invasion of Ukraine has prompted Denmark and other European countries to significantly boost their military spending. A scenario analysis suggests that meeting the new NATO target of 3.5 per cent of GDP in core defence spending from 2026 onwards may add moderately to capacity pressures...

"The objective of the proposed book is to invite ideas, suggestions and recommendations and publish high quality contributions examining the inherent issues, innovative practices and guidelines to foster quality assurance in higher education sector"-- Provided by publisher

Chapter 1: The knowledge economy an idea whose time has come? Or gone -- PART I: Re-making sense of the knowledge economy -- Chapter 2: The knowledge economy: promise, reality and future -- Chapter 3: A Systematic Literature Review of Research on the Knowledge Economy -- Chapter 4: Mass higher...

This paper investigates the impact of higher education expansion on firm performance in developing countries. It focuses on the significant expansion of higher education in Brazil between 2000 and 2012, which substantially increased higher education enrollment and graduation rates, thereby...

This analytical report critically examines higher education for sustainability, with a particular focus on the learning and development of senior leadership teams within the sector. Drawing on published research and expert assessment, the study explores the complex terrain senior leaders must...