On the semimartingale property of discounted asset-price processes
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- Constantinos Kardaras & Eckhard Platen, 2008. "On the semimartingale property of discounted asset-price processes," Papers 0803.1890, arXiv.org, revised Nov 2009.
References listed on IDEAS
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Keywords
Numeraire portfolio Semimartingales Buy-and-hold strategies No-short-sales constraints Arbitrage of the first kind Supermartingale deflators;Statistics
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