淡江大學機構典藏:Item 987654321/121279
English  |  正體中文  |  简体中文  |  全文笔数/总笔数 : 62797/95867 (66%)
造访人次 : 3732956      在线人数 : 381
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜寻范围 查询小技巧:
  • 您可在西文检索词汇前后加上"双引号",以获取较精准的检索结果
  • 若欲以作者姓名搜寻,建议至进阶搜寻限定作者字段,可获得较完整数据
  • 进阶搜寻


    jsp.display-item.identifier=請使用永久網址來引用或連結此文件: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/121279


    题名: Risk-averse insurer capped-risk sensitive lending during the COVID-19 pandemic
    作者: Jyh-Horng Lin;Chun-Hui Chang;Shi Chen
    关键词: Capped call option;risk aversion;Covid-19;financial technology;capital regulation
    日期: 2021-08-26
    上传时间: 2021-09-06 12:10:20 (UTC+8)
    出版者: Emerging Markets Finance and Trade
    摘要: This paper develops a contingent claim model of a risk-averse life insurer’s
    equity with various borrowing-firm credit risk features. The insurer’s lending
    function with various financial technology involvements creates the need to
    model equity as a capped/naked call option in insurer-borrowing firms. As
    a result, the insurer benefits from the capped-risk lending strategy yielding
    a higher interest margin. However, either the severe novel coronavirus
    (COVID-19) pandemic or the substantial risk aversion deteriorates policyholder
    protection. In addition, stringent insurer capital regulation reduces
    the insurer’s interest margin, thus increasing policyholder protection and
    contributing to insurance stability but discouraging insurer financial technology
    involvements.
    關聯: Emerging Markets Finance and Trade
    DOI: 10.1080/1540496X.2021.1974392
    显示于类别:[國際企業學系暨研究所] 期刊論文

    文件中的档案:

    档案 大小格式浏览次数
    index.html0KbHTML36检视/开启

    在機構典藏中所有的数据项都受到原著作权保护.

    TAIR相关文章

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回馈