Dynamisch strategisch beleggingsbeleid voor pensioenfondsen
Illiquiditeitspremie bij de waardering van verzekeringsverplichtingen
What is the best solution for insurance companies to manage their exposure to longevity risk?
Longevity risk, i.e. the risk that the insured population in the portfolio live longer than anticipated, constitutes an important source…
Lees meerPension funding and individual accounts in economies with life-cyclers and myopes
The present article studies the growth and efficiency consequences of pension funding with individual retirement accounts (IRAs) in a general…
Lees meerAsset allocation and consumption smoothing under business cycle and state uncertainty
The paper investigates the optimal asset allocation and consumption problems under the assumption of mean-reverting stock return and unobservable state…
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