In financial mathematics, dozens of models have been proposed to model stock evolutions. A class of models proposed is the RSLN Model. This post demonstrates how to simulate an RSLN-2 Model in SAS IML.
Learning SAS programming, I like to learn new stuff and to learn more about the subjects I am already familiar with. SAS books is a great way to do this. Here are the SAS books on my shelf.
In my college days studying mathematical finance, derivative pricing theory was among the hottest of topics. The first model that is usually taught in these classes is the famous Black-Scholes option pricing model. This post shows different ways of computing Black-Scholes prices in SAS.
Linear regression is one of the simplest statistical models and is easily fitted in SAS. In this post I present a short explanation of the linear regression model and different ways to fit the model with SAS/STAT procedures and the IML language.