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A continuous-in-time financial model

机译:连续时间财务模型

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In this paper, we construct a continuous-in-time model which is designed to be used for the finances of public institutions. This model is based on using measures over time interval to describe loan scheme, reimbursement scheme and interest payment scheme; and, on using mathematical operators to describe links existing between those quantities. The consistency of the model with respect to the real world is illustrated using examples and its mathematical consistency is checked. Then the model is used on simplified examples in order to show its capability to be used to forecast consequences of a decision or to set out a financial strategy.
机译:在本文中,我们构建了一个连续时间模型,该模型旨在用于公共机构的财务。该模型基于使用时间间隔上的度量来描述贷款计划,偿还计划和利息支付计划;并且,使用数学运算符来描述这些量之间存在的联系。使用示例说明了模型相对于现实世界的一致性,并检查了其数学一致性。然后,将模型用于简化示例,以显示其用于预测决策结果或制定财务策略的能力。

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