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金融机构开展住房反向抵押贷款业务的产品定价分析——基于风险中性模型的实证模拟 被引量:7
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作者 袁国方 陈近 《经济与管理》 CSSCI 2017年第4期54-62,共9页
住房反向抵押贷款是我国创新以房养老模式的重要金融工具,而其产品定价则是金融机构能否成功开展该项业务的关键。基于风险中性定价思路构建住房反向抵押贷款定价模型并设计MATLAB程序,对我国住房反向抵押贷款业务的产品定价问题进行理... 住房反向抵押贷款是我国创新以房养老模式的重要金融工具,而其产品定价则是金融机构能否成功开展该项业务的关键。基于风险中性定价思路构建住房反向抵押贷款定价模型并设计MATLAB程序,对我国住房反向抵押贷款业务的产品定价问题进行理论探索和实证模拟。研究结果显示,在一次趸领和终身年金方式下,借款人获得的贷款额均随其年龄增长而稳定增长;在浮动利率计息方式下借款人可获得贷款额大于其在固定利率计息方式下可获得的贷款额;借款人所获贷款额与贷款利率负相关,与房产价值正相关且对贷款利率的敏感性最强。 展开更多
关键词 住房反向抵押贷款 风险中性模型 产品定价 蒙特卡洛模拟
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KPMG风险中性模型在信托公司风险管理中的运用探索 被引量:1
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作者 彭劲松 《金融理论与实践》 北大核心 2014年第12期76-79,共4页
探索了KPMG风险中性定价模型作为一种风险计量管理工具应用于信托公司信用风险定量管理的可行性,尝试从另一路径解决信托项目甄选和定价的问题,同时为金融监管当局提供一个直观考核信托公司风险的量化指标。从模型计算结果看,当前信托... 探索了KPMG风险中性定价模型作为一种风险计量管理工具应用于信托公司信用风险定量管理的可行性,尝试从另一路径解决信托项目甄选和定价的问题,同时为金融监管当局提供一个直观考核信托公司风险的量化指标。从模型计算结果看,当前信托公司总体的风险中性违约率反映信用风险相对较高。信托公司运用KPMG模型比运用RAROC便捷与实用。 展开更多
关键词 KPMG风险中性定价模型 风险中性违约率 信托公司风险管理
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上市公司信息自愿披露不对称的统计分析
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作者 龚凤乾 《现代财经(天津财经大学学报)》 2001年第10期43-45,共3页
本文考察了公司经理掌握的非业主权益信息质量与自愿披露概率之间的关系 ,表明人们以前的直觉即信息越不对称自愿披露的频率就越高 ,一般说来并不成立。因而如果某上市公司频频作信息披露 ,就应当引起人们的警觉。
关键词 信息自愿披露不对称性 统计分析 上市公司 中性风险股市统计模型
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Association between polymorphism rs6983267 and gastric cancer risk in Chinese population 被引量:5
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作者 Yi Guo Jing Fang +7 位作者 Yan Liu Hai-Hui Sheng Xiao-Yan Zhang Hai-Na Chai Wei jin Ke-Hao Zhang Chang-Qing Yang Heng-jun Gao 《World Journal of Gastroenterology》 SCIE CAS CSCD 2011年第13期1759-1765,共7页
AIM: To explore the association between single nucleotide polymorphisms (SNPs) at 8q24 and gastric cancer risk. METHODS: A case-control investigation including 212 gastric cancer patients and 377 healthy controls was ... AIM: To explore the association between single nucleotide polymorphisms (SNPs) at 8q24 and gastric cancer risk. METHODS: A case-control investigation including 212 gastric cancer patients and 377 healthy controls was conducted. The genotypes of SNPs (rs6983267, rs7008482 and rs10808555) were examined and established through polymerase chain reaction-restriction fragment length polymorphism (PCR-RFLP). Multivariate logistic regression models were used to evaluate the association between SNPs and gastric cancer. RESULTS: The genotype frequencies of rs6983267 in gastric cancer patients were obviously different from those in the control (P = 0.005). GT genotype of rs6983267 was associated with an increased risk of gastric cancer compared with GG genotype (adjusted odds ratio = 2.01, 95% confidence interval: 1.28-3.14). Further stratified analysis indicated that rs6983267 GT genotype facilitated the risk of gastric cancer of non-cardiac and intestinal type (OR: 2.638, 95% CI: 1.464-4.753; OR: 1.916, 95% CI: 1.166-3.150, respectively). CONCLUSION: This study demonstrates for the first time that rs6983267 is involved in susceptibility to gastric cancer, although further large-sample investigations are still needed. 展开更多
关键词 Gastric cancer Genetic susceptibility Single nucleotide polymorphism MYC 8q24
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Additional risk in extreme precipitation in China from 1.5℃to 2.0℃global warming levels 被引量:29
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作者 Wei Li Zhihong Jiang +2 位作者 Xuebin Zhang Laurent Li Ying Sun 《Science Bulletin》 SCIE EI CSCD 2018年第4期228-234,共7页
To avoid dangerous climate change impact, the Paris Agreement sets out two ambitious goals: to limit the global warming to be well below 2 ℃ and to pursue effort for the global warming to be below 1.5 ℃ above the ... To avoid dangerous climate change impact, the Paris Agreement sets out two ambitious goals: to limit the global warming to be well below 2 ℃ and to pursue effort for the global warming to be below 1.5 ℃ above the pre-industrial level. As climate change risks may be region-dependent, changes in magnitude and probability of extreme precipitation over China are investigated under those two global warming levels based on simulations from the Coupled Model Inter-Comparison Projects Phase 5. The focus is on the added changes due to the additional half a degree warming from 1.5 ℃ to 2 ℃ . Results show that regional average changes in the magnitude do not depend on the return periods with a relative increase around 7% and 11% at the 1.5 ℃ and 2 ℃ global warming levels, respectively. The additional half a degree global warming adds an additional increase in the magnitude by nearly 4%. The regional average changes in term of occurrence probabilities show dependence on the return periods, with rarer events(longer return periods) having larger increase of risk. For the 100-year historical event, the probability is projected to increase by a factor of 1.6 and 2.4 at the 1.5 ℃ and 2 ℃ global warming levels, respectively.The projected changes in extreme precipitation are independent of the RCP scenarios. 展开更多
关键词 1.5 and 2 global warmingExtreme precipitationChina
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