Solbjerg Plads 3
Frederiksberg, DK-2000
Denmark
Copenhagen Business School - Department of Finance
Makeham's formula, duration, convexity, yield after tax, tax, accued capital gains
Minimum interest rate guarantee, asset allocation restrictions, utility loss
retirement saving, homeownership, pension system design, loan-to-value ratio, housing market entry JEL Classification Codes: E21
eneregy option, flow-forward-contracts, stochastic duration
wash sale restrictions, asset allocation, portfolio choice, capital gains taxation
redistributive taxation, portfolio choice, asset pricing, stock market participation
present value, first difference property, duration, convexity, cyclical cash flows
retirement saving, tax-deferred investing, borrowing constraints, labor income
debt tax shield, corporate leverage, general equilibrium, endowment economy, redistributive taxation
Annuity payments, annuity yields, APR, Taylor series approximation
