摘要
假设在员工在退休前进行风险投资,退休后不再进行风险投资.本文首先利用HJB方程求出了企业员工在退休前的最优投资策略,并依照此策略进行风险投资,求得投资基金的积累值,并以此进行最小保证年金的定价.
Assumption of this paper is that before retirement the employees make risk investments,and after retirement they do not make risk investments.First,the optimal investment strategy of the enterprise employees before retirements was got,according to which risk investments were made,and the accumulation value of investment fund was got.Then,the annuity pricing was set.
出处
《佳木斯大学学报（自然科学版）》
CAS
2013年第4期630-632,共3页
Journal of Jiamusi University：Natural Science Edition
基金
山东省研究生教育创新计划项目(SDYY11027)
关键词
HJB方程
最优投资
年金定价
最小保证年金
HJB equation
optimal investment
annuity pricing
minimum guaranteed pension
