The Structure of Structured Bond Portfolio Models
梳理了债券投资组合优化模型的几种常见形式，阐明它们的基本结构、相互关系及各自的优缺点，帮助金融从业者和研究者理解模型选择。
Over the past decade, optimization models have been widely used to help select bond portfolios. Several different formulations are popular. The purposes of this paper are to clarify the basic structures of the models, to explain the relationships among them, and to assess their strengths and weaknesses.