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investment function are estimated econometrically. The ARDL-based approach proposed by Pesaran et al. (2001) is argued to be …
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The successful investment policy is an integral part of successful activity of the insurance company. The return to the … shareholders of the insurance company usually thought of as comprising the underwriting result and investment income. The … investment income is very important even for an insurance company, which writes mainly a short tail business. For the successful …
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