English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 50122/85141 (59%)
造訪人次 : 7885823      線上人數 : 92
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧:
  • 您可在西文檢索詞彙前後加上"雙引號",以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋,建議至進階搜尋限定作者欄位,可獲得較完整資料
  • 進階搜尋
    請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/96614


    題名: Does mortality improvement increase equity risk premiums? A risk perception perspective
    作者: Huang, Rachel J.;Miao, Jerry C.Y.;Tzeng, Larry Y.
    貢獻者: 淡江大學保險學系
    關鍵詞: Mortality risk;Equity risk premium;Demography;Risk perception
    日期: 2013-06-01
    上傳時間: 2014-03-12 04:47:57 (UTC+8)
    出版者: Amsterdam: Elsevier BV * North-Holland
    摘要: Using data for G7 countries over the period from 1950 to 2007, this paper finds that an unexpected shock to the mortality rate is significantly negatively correlated with the equity premium. A one basis point unexpected negative shock to the mortality rate increases both the one-year and five-year equity premiums by 0.54% and 1.66%, respectively. We also demonstrate how financial institutions could use our findings to hedge the risk of mortality-linked securities.
    關聯: Journal of Empirical Finance 22, pp.67-77
    DOI: 10.1016/j.jempfin.2013.03.002
    顯示於類別:[保險學系暨研究所] 期刊論文

    文件中的檔案:

    檔案 描述 大小格式瀏覽次數
    index.html0KbHTML143檢視/開啟

    在機構典藏中所有的資料項目都受到原著作權保護.

    TAIR相關文章

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