Browsing by Author "Ramadhanis, Fitri"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    CADANGAN PREMI PENSIUN METODE PROJECTED UNIT CREDIT DAN ASUMSI TINGKAT BUNGA HO LEE
    (2016-04-27) Ramadhanis, Fitri; Hasriati; Aziskhan
    This article discusses the prospective reserves with interest rate models of Ho-Lee for pension premium reserve of Projected Unit Credit method. Interest rate models of Ho- Lee is a normally distributed no-arbitrage interest rate model and is expressed by stochastic differential equations that follows the Ito’s process. Interest rate models of Ho-Lee has parameters to be estimated is  k  dan  . To determine the parameter estimations is used MLE (maximum likelihood estimation) for  and Svensson models for  k  and then followed by a numerical approach using Newton Raphson method.