In 2015 the Office of Art and Archives focused on adding more art and archival content to the History, Art & Archives website (http://history.house.gov/). The website is a collaborative effort: curators and archivists in the Office of Art and Archives and Office of the Historian staff work on and contribute content. The Office of Art and Archives…[Read more]

article + 6 photographs from the Manuscriptistan Project

Recent scholarly work has focused on the erasure and mistreatment of bisexuality in histories of sexuality. Such erasure is not only observed in academic work but also in the lived experiences of people who identify as plurisexuals. The present paper brings together studies on bisexuality, hegemony, and sexual politics to explain the discursively…[Read more]

Belonging to the retrovision genre, It’s a Sin (2021) dramatizes the early years of the pandemic. Audiences are shown what reality was like before and immediately after the outbreak of HIV/AIDS. It narrates the transition from a sex-positive era where non-heterosexual people were standing up for their freedom to love, have sex and enjoy life to a…[Read more]

The present study contributes to recent scholarship on homosexism and side sexualities by providing empirical evidence that supports stigmatizing societal responses to non-penetrative sexual practices among men who have sex with men as well as to those engaging in such practices. The study provides a close reading of two scenes of the series…[Read more]

Equality, diversity, and inclusion are at the core of all educational reforms taking place at this moment around the world. However, the English as a Foreign Language (EFL) industry has not yet followed through. This chapter focuses on the inclusion of LGBTQI+ references in EFL materials as an example of inclusive practice but aims to be adaptable…[Read more]

On Friday, September 21, 2018, news reports on Greek corporate media announced the death of a man who had allegedly attempted to rob a jewellery store. The media announcement was accompanied by video footage in which two civilians were shown violently attacking the alleged thief while the latter was attempting to escape the jewellery store. A…[Read more]

In comics: how ancient rabbis upend “traditional” ideas of reproduction, gender, and humanity. A blog post commissioned by UC Press Blog about the book When a Human Gives Birth to a Raven: Rabbis and the Reproduction of Species.

Link: htt…[Read more]

This article presents a model for pricing complex CDO structures and compute the sensitivities of the risk factors. The complex CDO structures need to be priced using the market information on tranche losses at multiple points of time. Currently, the model is being used for the valuation of forward starting CDO trades (FSCDO) and loss-trigger…[Read more]

The structure of a Binary Return Note is similar to the one of a regular note, but the coupons are
contingent on return rates on stocks. Quasi-Monte Carlo simulation is used for pricing the product.

We present a pricing model for fade option. A fade option can be more precisely named as “point-barrier option”. The fade option is a vanilla option that exists or dies if a barrier is breached on a single preset date, which is prior or equal to the contract maturity.

Average rate or Asian options have a payoff function proportional to an average rate or price. The average price is calculated over a sampling of specified dates that need not be equally spaced in time. The average price or rate tends to be less volatile than a single underlying price and hence, an option on the underlying average price should be…[Read more]

The article discusses valuation models for the following products: power financial indices swap contracts (PWR-SWAP), power financial transmission rights contracts (PWRSWAP- FTR), power physical delivery contracts (PWR-PHYS) and power physical transmission contracts (PWR-TR-SPREAD). All products have similar valuation structure – index swap (or s…[Read more]

We offer a hybrid (trinomial tree plus semi-analytic formulas) pricing method for FX Double Window Double Barrier option . Currently, the model uses spot implied volatility for the first time window, and forward implied volatility for the second time window. These are Black-Scholes implied volatilities from traded vanilla European options, but,…[Read more]

आस्ट्रेलिया ने 2021 में मीडिया संस्थानों के हितों की रक्षा के लिए ‘समाचार मीडिया और डिजिटल प्लेटफ़ॉर्म अनिवार्य सौदेबाजी कानून’ बनाया था। 2023 में ऐसा ही कानून कैनेडा में बनाया गया। भारत समेत कई अन्य देश भी ऐसे कानून बनाने पर विचार कर रहे हैं। टेक-कंपनियां ऐसे कानूनों का विरोध करती हैं तथा अपनी शर्तें न माने जाने की स्थिति में अपनी…[Read more]

The purpose of the model is to calculate the credit spread sensitivity, correlation sensitivity, and default sensitivity via analytic methods for index CDO trades and bespoke CDO trades. The credit spread sensitivity is defined as the change in the MTM by perturbing the credit spread by a small amount; the default sensitivity is calculated by…[Read more]

A pricing model for capped-accumulated-return-call (CARC) with volatility surface is presented. Proprietary approaches to interpreting volatility surface are employed during pricing. To accelerate the convergence when low discrepancy sequences are used in Monte Carlo simulation (Quasi-Monte Carlo simulation), the Brownian Bridge Path…[Read more]

The model serves the purpose of computing basis adjustments for credit spread curves of the constituent obligors of the indexes such that the market price of the index can be repriced exactly. These adjusted index constituent curves are then used to compute index base correlations and mapped base correlations for bespoke trades, price the standard…[Read more]

The payoff of reverse convertible product involves returns on multiple assets and is conditional on hitting of continuous barriers. The Monte Carlo methodology employed by ESP is an efficient conditioning technique.