Stochastic Methods for Pension Funds

Nonfiction, Science & Nature, Mathematics, Applied
Cover of the book Stochastic Methods for Pension Funds by Jacques Janssen, Raimondo Manca, Pierre Devolder, Wiley
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Jacques Janssen, Raimondo Manca, Pierre Devolder ISBN: 9781118566268
Publisher: Wiley Publication: March 4, 2013
Imprint: Wiley-ISTE Language: English
Author: Jacques Janssen, Raimondo Manca, Pierre Devolder
ISBN: 9781118566268
Publisher: Wiley
Publication: March 4, 2013
Imprint: Wiley-ISTE
Language: English

Quantitative finance has become these last years a extraordinary field of research and interest as well from an academic point of view as for practical applications.

At the same time, pension issue is clearly a major economical and financial topic for the next decades in the context of the well-known longevity risk. Surprisingly few books are devoted to application of modern stochastic calculus to pension analysis.

The aim of this book is to fill this gap and to show how recent methods of stochastic finance can be useful for to the risk management of pension funds. Methods of optimal control will be especially developed and applied to fundamental problems such as the optimal asset allocation of the fund or the cost spreading of a pension scheme. In these various problems, financial as well as demographic risks will be addressed and modelled.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Quantitative finance has become these last years a extraordinary field of research and interest as well from an academic point of view as for practical applications.

At the same time, pension issue is clearly a major economical and financial topic for the next decades in the context of the well-known longevity risk. Surprisingly few books are devoted to application of modern stochastic calculus to pension analysis.

The aim of this book is to fill this gap and to show how recent methods of stochastic finance can be useful for to the risk management of pension funds. Methods of optimal control will be especially developed and applied to fundamental problems such as the optimal asset allocation of the fund or the cost spreading of a pension scheme. In these various problems, financial as well as demographic risks will be addressed and modelled.

More books from Wiley

Cover of the book Hollywood Stardom by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book The Wiley Blackwell Companion to Social Movements by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book The 10-Minute Millionaire by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book Joining a Nonprofit Board by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book Inorganic Chemistry For Dummies by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book Portuguese Phrases For Dummies by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book Gender Archaeology by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book Geodiversity by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book Coal Geology by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book Class by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book Where am I Wearing? by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book The Individualized Society by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book $0 to Rich by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book Using Occupational Therapy Theory in Practice by Jacques Janssen, Raimondo Manca, Pierre Devolder
Cover of the book Getting Naked by Jacques Janssen, Raimondo Manca, Pierre Devolder
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy