| dc.contributor.author | Apaka Rangita, Silas N Onyango, Omolo Ongati, Otula Nyakinda | |
| dc.date.accessioned | 2020-12-04T06:34:11Z | |
| dc.date.available | 2020-12-04T06:34:11Z | |
| dc.date.issued | 2014 | |
| dc.identifier.uri | https://repository.maseno.ac.ke/handle/123456789/3253 | |
| dc.description.abstract | In this paper, we use the Bernoulli Jump Diffusion (BJD) process to test for the existence and probability of jumps in the Kenyan interest rates. We test these using the Maximum Likelihood Estimation (MLE) method on the weekly changes in the 91 day Kenyan treasury bills rates. We also compare the BJD process and the Pure Diffusion Process (PDP) in modeling these interest rates. We use the statistical software Eviews 6 to analyze the data. | en_US |
| dc.publisher | INTERNATIONAL JOURNAL OF MULTIDISCIPLINARY SCIENCES AND ENGINEERING | en_US |
| dc.subject | Jumps, Models, Diffusion and Bernoulli Mathematics Subject Classification: Primary 97K80, Secondary 97M30, 97K60, 91B26, 60G57 | en_US |
| dc.title | Supply, Demand, Equilibrium, Deterministic, Stochastic, Logistic and Differential Equations | en_US |
| dc.type | Article | en_US |
