Investors' favourite - A different look at valuing individual labour income

Konferenzbeitrag

Human capital is a key economic factor in both macro- and microeconomics, and, at least for most people, by far their largest asset. We use the Substantial Gain-Loss-Ratio to calculate Good Deal bounds for securitizations of individual labour income one year ahead. Our procedure is applied to US data. We evaluate the attractiveness of hypothetical human capital contracts and can thereby identify investors' favourites.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Financial Econometrics I ; No. F14-V1

Classification and Topics

• Classification: Wirtschaft ; Asset Pricing; Trading Volume; Bond Interest Rates ; Value of Life; Forgone Income ; Financial Econometrics

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Voelzke, Jan ; Gößling, Fabian ; Diesteldorf, Jeanne ; Weigt, Till
• Event: Veröffentlichung
• (who): ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
• (where): Kiel, Hamburg
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/168065
• Last update: 10.03.2025, 11:43 AM CET