WASET
	%0 Journal Article
	%A Zdravka Aljinović and  Branka Marasović and  Blanka Škrabić
	%D 2009
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 25, 2009
	%T Comparative Analysis of the Stochastic and Parsimonious Interest Rates Models on Croatian Government Market
	%U https://publications.waset.org/pdf/3989
	%V 25
	%X The paper provides a discussion of the most relevant
aspects of yield curve modeling. Two classes of models are
considered: stochastic and parsimonious function based, through the
approaches developed by Vasicek (1977) and Nelson and Siegel
(1987). Yield curve estimates for Croatia are presented and their
dynamics analyzed and finally, a comparative analysis of models is
conducted.
	%P 90 - 94