• Title of article

    What kind of new asset will push up the CML?

  • Author/Authors

    Zhang، نويسنده , , Bo، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2004
  • Pages
    7
  • From page
    539
  • To page
    545
  • Abstract
    This paper is to give a necessary and sufficient condition for the CML to be push up after a new asset is introduced into the capital market which improves the result in Cox et al. [Astin Bull. 30 (1) (2000) 157].
  • Keywords
    CAPM , CML , securitization , Insurance risk , No-arbitrage
  • Journal title
    Insurance Mathematics and Economics
  • Serial Year
    2004
  • Journal title
    Insurance Mathematics and Economics
  • Record number

    1542776