The Effects of macroeconomic factors on pricing mortgage insurance contracts
Contenido multimedia no disponible por derechos de autor o por acceso restringido. Contacte con la institución para más información.
| Tag | 1 | 2 | Valor |
|---|---|---|---|
| LDR | 00000cab a2200000 4500 | ||
| 001 | MAP20120041677 | ||
| 003 | MAP | ||
| 005 | 20121004112806.0 | ||
| 008 | 121003e20120903esp|||p |0|||b|spa d | ||
| 040 | $aMAP$bspa$dMAP | ||
| 084 | $a13 | ||
| 100 | $0MAPA20110019570$aChang, Chia-Chien | ||
| 245 | 1 | 4 | $aThe Effects of macroeconomic factors on pricing mortgage insurance contracts$cChia-Chien Chang, Chou-Wen Wang, Chih-Yuan Yang |
| 520 | $aNumerous empirical studies, including Abraham and Hendershott (1996), Muellbauer and Murphy (1997), Leung (2004), and Oikarinen (2009), have identified a significant relationship between housing prices and macroeconomic factors. Using a linear regression on the comovement of macroeconomic factors and housing prices, this article employs an option-pricing framework to price and hedge the fair premia of mortgage insurance (MI). Our model provides improved performance in terms of MI premium pricing, especially during periods that are characterized by high housing prices. Ignoring the impacts of macroeconomic factors on housing prices will lead to an underestimation of MI premia. | ||
| 650 | 1 | $0MAPA20080584290$aContrato de seguro | |
| 650 | 1 | $0MAPA20080542160$aPrimas | |
| 650 | 1 | $0MAPA20080566296$aMacroeconomía | |
| 650 | 1 | $0MAPA20080585266$aFactores de riesgo | |
| 650 | 1 | $0MAPA20080545062$aPrecios | |
| 650 | 1 | $0MAPA20080552961$aViviendas | |
| 650 | 1 | $0MAPA20080592059$aModelos predictivos | |
| 650 | 1 | $0MAPA20080551193$aHipotecas | |
| 700 | $0MAPA20110028886$aWang, Chou-Wen | ||
| 700 | 1 | $0MAPA20120023239$aYang, Chih-Yuan | |
| 773 | 0 | $wMAP20077000727$tThe Journal of risk and insurance$dNueva York : The American Risk and Insurance Association, 1964-$x0022-4367$g03/09/2012 Volumen 79 Número 3 - septiembre 2012 , p. 867-895 |