The research data comes from Chinese Longitudinal Healthy Longevity Survey (CLHLS). This paper established the ill-health index based on self-assessment health and adjusted Barthel index of ADL. Using the ill-health index, this paper investigates …
The securitization of catastrophe risk can effectively transfer catastrophe risk to the capital market. This paper proposes an innovative financial product called convertible catastrophe bond that combines catastrophe bonds with convertible bonds. …