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Alternative Models for FX: Pricing Double Barrier Options in Regime-switching Lévy Models With Memory

Alternative Models for FX: Pricing Double Barrier Options in Regime-switching Lévy Models With Memory

This paper is a supplement to our recent paper "Alternative models for FX, arbitrage opportunities and efficient pricing of double barrier options in Lévy models". We introduce the class of regime-switching Lévy models with memory, which take into account the evolution of the stochastic parameters in the past. This generalization …