Financial Economics of Insurance - Tapa dura

Yogo, Motohiro; Koijen, Ralph S.J.

 
9780691193267: Financial Economics of Insurance
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ISBN 10: 0691193266 ISBN 13: 9780691193267
Editorial: Princeton University Press, 2023

Sinopsis

An authoritative and comprehensive graduate textbook on the modern insurance sector

The traditional role of insurers is to insure idiosyncratic risk through products such as life annuities, life insurance, and health insurance. With the decline of private defined benefit plans and government pension plans around the world, insurers are increasingly taking on the role of insuring market risk through minimum return guarantees. Insurers also use more complex capital management tools such as derivatives, off-balance-sheet reinsurance, and securities lending. Financial Economics of Insurance provides a unified framework to study the impact of financial and regulatory frictions as well as imperfect competition on all insurer decisions. The book covers all facets of the modern insurance sector, guiding readers through its complexities with empirical facts, institutional details, and quantitative modeling.

  • An up-to-date textbook for graduate students in economics, finance, and insurance
  • Covers a broad range of topics, including insurance pricing, contract design, reinsurance, portfolio choice, and risk management
  • Provides promising new directions for future research
  • Can be taught in courses on asset pricing, corporate finance, industrial organization, and public economics
  • An invaluable resource for policymakers seeking an empirical and institutional account of today’s insurance sector

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Acerca del autor

Ralph S. J. Koijen is the AQR Capital Management Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Motohiro Yogo is a Professor of Economics and the Hugh Leander and Mary Trumbull Adams Professor for the Study of Investment and Financial Markets at Princeton University.

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Princeton University Press
Año de publicación
2023
Idioma
Inglés
ISBN 10 
0691193266
ISBN 13 
9780691193267
Encuadernación
Tapa dura
Número de páginas
208
Contacto del fabricante
no disponible
Persona responsable
no disponible

Otras ediciones populares con el mismo título

9780691245973: Financial Economics of Insurance

Edición Destacada

ISBN 10:  0691245975 ISBN 13:  9780691245973
Editorial: Princeton University Press, 2023
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