A multifactor pricing model for cat bonds in the secondary market

Article English OPEN
Gomez, Laura; Carcamo, Ulises;
(2014)
  • Publisher: Press Academia
  • Journal: issn: 2146-7943, eissn: 2146-7943
  • Subject: ILS | Cat Bonds,ILS,Secondary market,Indicative spread,Panel data. | Panel data | Cat Bonds, ILS, Secondary market, Indicative spread, Panel data. | Cat Bonds | Secondary market | Indicative spread

Given the relevance that Cat Bonds are taking in the financial markets, as well as their appeal for different types of investors, it becomes pertinent to understand the price dynamics of these securities in the secondary market. Several authors have developed and propos... View more