Moment Equations in Modeling a Stable Foreign Currency Exchange Market in Conditions of Uncertainty

Josef Diblík, Irada Dzhalladova, Mária Michalková and Miroslava Růžičková

Abstract and Applied Analysis, 2013, vol. 2013, 1-11

Abstract:

The paper develops a mathematical model of foreign currency exchange market in the form of a stochastic linear differential equation with coefficients depending on a semi-Markov process. The boundaries of the domain of its instability is determined by using moment equations.

Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://downloads.hindawi.com/journals/AAA/2013/172847.pdf (application/pdf)
http://downloads.hindawi.com/journals/AAA/2013/172847.xml (text/xml)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlaaa:172847

DOI: 10.1155/2013/172847

Access Statistics for this article

More articles in Abstract and Applied Analysis from Hindawi
Bibliographic data for series maintained by Mohamed Abdelhakeem ().