Abstract
In the present chapter we introduce two major two-factor short-rate models. Before starting with the actual models, we would like to motivate two-factor models by pointing out the weaknesses of the one-factor models of the previous chapter. This is the purpose of this introductory section.
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© 2006 Springer-Verlag Berlin Heidelberg
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(2006). Two-Factor Short-Rate Models. In: Interest Rate Models — Theory and Practice. Springer Finance. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-34604-3_4
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DOI: https://doi.org/10.1007/978-3-540-34604-3_4
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-22149-4
Online ISBN: 978-3-540-34604-3
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