搜索结果: 1-15 共查到“理论经济学 risks”相关记录15条 . 查询时间(0.109 秒)
Uninsurable Risks of Floods, Deluges, Overflows and the System of Solution
Insurance pool Flood Flood fund Gross premium Uninsurable risk
2016/1/27
Uninsurable risks have significant impact on expenses of private and public sectors of economy. In spite of several commercial insurance products and high quality of insurance services current trend o...
To value a project that will reduce risk of
death for N persons, one would like to know
what each person is willing to pay to reduce
his own probability of death, and, in adhis own probability of d...
Discussion of “The Bond Premium in a DSGE Model with Long-Run Real and Nominal Risks” by Glenn Rudebusch & Eric Swanson
DSGE Model Bond Premium
2015/7/23
contribution to monetary DSGE literature
⇒
Epstein Zin utility with high risk aversion (improves asset pricing)
can still match volatility of macro aggregates
same spirit as Tallarini (2000,...
Capital and Value of Risk Transfer:Presented at Actuarial Approach for Financial Risks (AFIR) Colloquium,Boston,MA,November
Capital Risk and Uncertainty
2015/5/13
Capital and Value of Risk Transfer: Presented at Actuarial Approach for Financial Risks (AFIR) Colloquium,Boston,MA,November.
I illustrate the effect of financial innovation on portfolio risks by using an example with risk-sharing needs and belief disagreements. I consider two types of innovation: product innovation, formali...
Construction Risks: Single versus Portfolio Insurance
California Construction management Insurance Risk management
2011/9/7
Risks and uncertainties are naturally inherent in the construction industry and negatively affect contracting parties and executed projects. This paper explores the possibility of insuring against con...
Optimal insurance strategies in a risk process with restrictions on policyholder risks
optimal choice problem risk-bearing function an insurer dynamic insurance model maximizing unit utility
2011/9/6
We consider the optimal choice problem by a risk-bearing function for an insurer to divide risks between him and his clients in a dynamic insurance model, the so-called Cramer-Lundberg risk process. I...
The article presents information on credit cards, focusing on the risks associated with companies that claim they can offer low interest rates, balance transfers, and instant approvals. Methods for co...
This article presents a technique for managing consumer credit. The article discusses a computerized procedure for weighing the merits of credit applications, the use of a credit score for optimal scr...
Risks in Financial Group Structures
fínancial groups, safety and soundness, systemic stability,contagion, governance, supervision and regulation, market discipline
2011/8/21
This article looks at the types of risks that may be associated with complex financial groups and then sifts through the weight of the evidence in favour of and against, the various alternatives used ...
A Comparative Anatomy of REITs and Residential Real Estate Indexes: Returns, Risks and Distributional Characteristics
A Real Estate Investment REITs SCS
2011/3/31
Real Estate Investment Trusts (REITs) are the only truly liquid assets related to real estate investments. We study the behavior of U.S. REITs over the past three decades and document their return cha...
Pension Benefits and Longevity Risks of the Nigerian Baby Boomers
life expectancy retirement income baby boomers annuities
2011/6/1
This study examines the effect of longevity risk on retirement income by focusing on the mode of utilizing pension funds at retirement. The population of interest for this purpose comprised of the Bab...
Applications of time-delayed backward stochastic differential equations to pricing, hedging and management of financial and insurance risks
backward stochastic differential equations participating contracts
2010/10/20
In this paper we investigate novel applications of a new class of equations which we call time-delayed backward stochastic differential equations. Time-delayed BSDEs may arise when we want to find a ...
We study multiple defaults where the global market information is modelled as progressive enlargement of filtrations. We shall provide a general pricing formula by establishing a relationship between ...
The tail risks of FX return distributions: a comparison of the returns associated with limit orders and market orders
limit orders market orders tail risks
2011/3/31
This paper measures and compares the tail risks of limit and market orders using Extreme Value Theory. The analysis examines realised tail outcomes using the Dealing 2000-2 electronic broking system b...