Embedded options and interest rate risk for insurance companies, banks and other financial institutions

Author:

Lee Jae Ha,Stock Duane R

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference28 articles.

1. Babbel, D. (1995). Asset liability matching in the life insurance industry. In E. Altman & I. Vanderhoof (Eds.), The Financial Dynamics of the Insurance Industry. New York: Irwin.

2. Babbel, D., Bouyoulos, P. and Strickler, P. (1996). Capping the interest rate risk in insurance products. In F. Fabozzi (Ed.), The Handbook of Fixed Income Options. Chicago: Irwin, 437–464.

3. Immunization, duration and the term structure of interest rates;Bierwag;Journal of Financial and Quantitative Analysis,1977

4. The pricing of commodity contracts;Black;Journal of Financial Economics,1976

5. Interest rates as options;Black;Journal of Finance,1995

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