MATHEMATICAL MODEL OF THE BANKING FIRM AS TOOL FOR ANALYSIS, MANAGEMENT AND LEARNING

Рік публікації: 
2015
Збірник №: 
1
Мова статті: 
Англійська
Нумерація сторінок: 
042-048
Аннотація: 
The approach to mathematical modeling of cash flow accounts in assets and liabilities of the commercial bank based on the partial differential equations is novel and has no analogues in the literature. At the same time, the given approach is quite logic as reflects process of change of actives simultaneously in time and on "age". Depending on concrete theoretical or practical problems the given approach can be realized in the various modifications, two of which are presented in article. The computer model developed allows to provide various simulations including stress-testing, and can be used successfully in the educational purposes, providing the best understanding of the dynamic processes taking place in banks. It is necessary the further development of the offered modelling approach to use this models as a decision support system for assets and liabilities management. The modified model is proposed for these goals.
Повний текст статті: 
DOI: 
10.14308/ite000492
Література: 
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