The Risk Management of Insurance Funds Investing in Public Rental Housing PPP mode --Taking Shanghai Public Rental Creditor' Projects as an Example

被引：2

作者：

Zhang, Daijun ^{[1
]}

Zou, Qunsi ^{[1
]}

Pang, Ye ^{[1
]}

机构：

[1] Zhejiang Univ Finance & Econ, Dept Finance, Hangzhou 310018, Zhejiang, Peoples R China

来源：

2013 SIXTH INTERNATIONAL CONFERENCE ON BUSINESS INTELLIGENCE AND FINANCIAL ENGINEERING (BIFE) | 2014年

关键词：

insurance fund; public housing; construction; VaR; case;

D O I：

10.1109/BIFE.2013.57

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In order to study risk management of insurance funds investigating in public rental housing PPP mode, this paper, in perspective of the insurance companies, taking Shanghai public rental creditor's projects as an example, using cash flow matching theory and VaR methods, empirically analyze current two PPP public rental projects involved by insurance funds. Empirical results show that investment in public rental housing improves the stability of insurance companies' assets. PPP model can improve the stability of the long- term return of insurance funds so as to benefit the long- run development of insurance companies.

引用

页码：268 / 272

页数：5