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Equity Depletion from Government-Guaranteed Debt
Equity Depletion Government-Guaranteed Debt
2015/7/20
Government guarantees of private debt deplete equity. The depletion is greatest during periods when the probability of a guarantee payoff is highest. In a setting otherwise subject to Modigliani-Mille...
A policyholder's utility indifference valuation model for the guaranteed annuity option
Indi erence Valuation Guaranteed Annuity Option g.a.o Incom-plete Markets Insurance Life Annuity Annuitization Optimal Asset Allocation
2010/11/2
Insurance companies often include very long-term guarantees in par-ticipating life insurance products, which can turn out to be very valuable.Under a guaranteed annuity options (g.a.o.), the insurer g...
主讲人
Martin Ravallion
World Bank
题目
Di Bao: A Guaranteed Minimum Income in China’s Cities?
时间
2006年6月21日（星期三）下午15：00-----16:30
地点
北京大学中国经济研究中心万众楼大教室
工作语言
英文
联系电话
62751475
演讲简介
详情请见文件下载
