Household risk management techniques in an intertemporal consumption model
Household risk management techniques in an intertemporal consumption model
Author(s): Łukasz FeldmanSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: Household finance; risk management; life insurance; Cash Flow at Risk
Summary/Abstract: The article focuses on implementing the Cash Flow at Risk method to assess the influence of different life insurance strategies on the financial situation of households. Three different types of life insurance are considered to depict different attitudes towards risk management by households. For the purpose of analysis a simplified intertemporal consumption model is assumed.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2015
- Issue No: 381
- Page Range: 59-71
- Page Count: 13
