中国市场的反向抵押贷款定价

中国经济评论:英文版 Pub Date : 2021-02-28 DOI:10.17265/1537-1506/2021.02.004

Di Lorenzo Emilia, Piscopo Gabriella, Sibillo Marilena

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引用次数: 0

摘要

反向抵押贷款(RM)是一个有吸引力的工具，以增加退休收入和面对老年人的医疗保健需求。RM市场的投资者面临着几个风险:长寿风险，随着退休人员的预期寿命增加，利率风险，特别是在低利率的危机后时期，房地产市场风险，在当前经济周期的最后阶段。在我们的定价模型中，我们将RM的整体风险纳入其中，重点关注发展中的中国市场的特点。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The Pricing of Reverse Mortgages in the Chinese Market

Reverse mortgages (RM) are an attractive tool to increase retirement incomes and to face the needs of health care for elderly people. The investor in the RM market faces several risks: longevity risk, as retirees’ life expectancy increases, interest rate risk, especially in the low-rate post-crisis period, property market risk, in the last stage of the current business cycle. In our pricing model we incorporate the overall risk of the RM, focusing on the feature of the developing Chinese market.

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中国经济评论:英文版

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