Definition of numeraire. Meaning of numeraire. Synonyms of numeraire

Here you will find one or more explanations in English for the word numeraire. Also in the bottom left of the page several parts of wikipedia pages related to the word numeraire and, of course, numeraire synonyms and on the right images related to the word numeraire.

Definition of numeraire

No result for numeraire. Showing similar results...

Meaning of numeraire from wikipedia

- The numéraire (or numeraire) is a basic standard by which value is computed. In mathematical economics it is a tradable economic entity in terms of whose...
- this change of numeraire, is max(0, S1(T)/S2(T) - 1). So the original option has become a call option on the first ****et (with its numeraire pricing) with...
- denominating the payout in a given numéraire. Change of numéraire – the implied volatility of an FX option depends on the numéraire of the purchaser, again because...
- quasilinear utility functions are linear in one argument, generally the numeraire. Quasilinear preferences can be represented by the utility function u(x1...
- to a risk-neutral measure, but rather than using the money market as numeraire, it uses a bond with maturity T. The use of the forward measure was pioneered...
- calculated using geometric weighting. It can be computed using the USD as a numeraire. This means the constituent exchange rates are all first defined vis-a-vis...
- Inflation hedge Interest Money illusion National accounts Neutrality of money Numéraire Real interest rate Real prices and ideal prices Template:Inflation – for...
- one price to serve as the numeraire, such that all other prices are measured in units of this commodity. Using the numeraire, he determined that marginal...
- consists of changing to a risk-neutral measure with specific choice of numéraire. In brief, these are interpreted (for a call option) as: N(d−) is the...
- Polytechnique and Pierre and Marie Curie University. Her work on financial numéraire, with Nicole El Karoui. Her introduction of a stochastic clock to recover...