The valuation and hedging of variable rate savings accounts

Variable rate savings accounts have two main features. The interest rate paid on the account is variable and deposits can be invested and withdrawn at any time. However, customer behaviour is not fully rational and withdrawals of balances are often performed with a delay.(...)

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Year of publication:	2003-11-01
Authors:	Jong, Frank de ; Wielhouwer, Jacco
Published in:	ASTIN BULLETIN- The Journal of the ASTIN and AFIR Section of the International Actuarial Association ASTIN BULLETIN, Vol.33, No.2, 2003, pp. 383-397
Publisher:	International Actuarial Association / Actuarial Studies in Non-Life Insurance
Subject:	Versicherungsbetriebslehre \| insurance management \| Versicherungswirtschaft \| Versicherungsmathematik

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Extent:	283648 bytes 15 p. application/pdf
Type of publication:	Article
Language:	English
Classification:	C33 - Models with Panel Data ; E43 - Determination of Interest Rates; Term Structure Interest Rates ; Management of insurance ; Insurance Industry ; Individual Articles ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005847012