{"id":"https://openalex.org/W1966994395","doi":"https://doi.org/10.1016/s1062-9769(99)00057-5","title":"Embedded options and interest rate risk for insurance companies, banks and other financial institutions","display_name":"Embedded options and interest rate risk for insurance companies, banks and other financial institutions","publication_year":2000,"publication_date":"2000-06-01","ids":{"openalex":"https://openalex.org/W1966994395","doi":"https://doi.org/10.1016/s1062-9769(99)00057-5","mag":"1966994395"},"language":"en","primary_location":{"id":"doi:10.1016/s1062-9769(99)00057-5","doi":"https://doi.org/10.1016/s1062-9769(99)00057-5","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s1062-9769(99)00057-5","pdf_url":null,"source":{"id":"https://openalex.org/S125273398","display_name":"The Quarterly Review of Economics and Finance","issn_l":"1062-9769","issn":["1062-9769","1878-4259"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Quarterly Review of Economics and Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5076318186","display_name":"Jaeha Lee","orcid":"https://orcid.org/0000-0001-6610-6404","observed_orcids":["https://orcid.org/0000-0001-6610-6404"]},"institutions":[{"id":"https://openalex.org/I8692664","display_name":"University of Oklahoma","ror":"https://ror.org/02aqsxs83","country_code":"US","type":"education","lineage":["https://openalex.org/I8692664"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Jae Ha Lee","raw_affiliation_strings":["Sung Kyun Kwan University, Seoul, South Korea","University of Oklahoma, College of Business Administration, Finance Division, 205A Adams Hall, 307 W. Brooks, Norman, OK 73019-0450, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Sung Kyun Kwan University, Seoul, South Korea","institution_ids":[]},{"raw_affiliation_string":"University of Oklahoma, College of Business Administration, Finance Division, 205A Adams Hall, 307 W. Brooks, Norman, OK 73019-0450, USA","institution_ids":["https://openalex.org/I8692664"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5048557866","display_name":"Duane R. Stock","orcid":"https://orcid.org/0000-0001-7465-5219","observed_orcids":["https://orcid.org/0000-0001-7465-5219"]},"institutions":[{"id":"https://openalex.org/I8692664","display_name":"University of Oklahoma","ror":"https://ror.org/02aqsxs83","country_code":"US","type":"education","lineage":["https://openalex.org/I8692664"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Duane R Stock","raw_affiliation_strings":["University of Oklahoma, College of Business Administration, Finance Division, 205A Adams Hall, 307 W. Brooks, Norman, OK 73019-0450, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Oklahoma, College of Business Administration, Finance Division, 205A Adams Hall, 307 W. Brooks, Norman, OK 73019-0450, USA","institution_ids":["https://openalex.org/I8692664"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5048557866"],"corresponding_institution_ids":["https://openalex.org/I8692664"],"apc_list":{"value":2740,"currency":"USD","value_usd":2740},"apc_paid":null,"fwci":2.4304,"has_fulltext":false,"cited_by_count":23,"citation_normalized_percentile":{"value":0.92815378,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"40","issue":"2","first_page":"169","last_page":"187"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12276","display_name":"Risk Management in Financial Firms","score":0.7827000021934509,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12276","display_name":"Risk Management in Financial Firms","score":0.7827000021934509,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.2020999938249588,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12394","display_name":"Insurance and Financial Risk Management","score":0.0017000000225380063,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/embedded-options","display_name":"embedded options","score":0.9779999852180481},{"id":"https://openalex.org/keywords/interest-rate-risk","display_name":"interest rate risk","score":0.996999979019165},{"id":"https://openalex.org/keywords/duration-mismatch","display_name":"duration mismatch","score":0.8690000176429749},{"id":"https://openalex.org/keywords/equity-value","display_name":"equity value","score":0.628000020980835},{"id":"https://openalex.org/keywords/insurance-companies","display_name":"insurance companies","score":0.6790000200271606},{"id":"https://openalex.org/keywords/banks","display_name":"banks","score":0.9599999785423279},{"id":"https://openalex.org/keywords/financial-institutions","display_name":"financial institutions","score":0.7020000219345093},{"id":"https://openalex.org/keywords/caps-and-floors","display_name":"caps and floors","score":0.875}],"concepts":[{"id":"https://openalex.org/C96252135","wikidata":"https://www.wikidata.org/wiki/Q2305975","display_name":"Callable bond","level":3,"score":0.7144870162010193},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.6623220443725586},{"id":"https://openalex.org/C29944286","wikidata":"https://www.wikidata.org/wiki/Q205273","display_name":"Interest rate risk","level":3,"score":0.6411435008049011},{"id":"https://openalex.org/C72134830","wikidata":"https://www.wikidata.org/wiki/Q5166524","display_name":"Convexity","level":2,"score":0.6296963095664978},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5575467944145203},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5484887957572937},{"id":"https://openalex.org/C2777834853","wikidata":"https://www.wikidata.org/wiki/Q96776939","display_name":"Liability","level":2,"score":0.5152063965797424},{"id":"https://openalex.org/C24446708","wikidata":"https://www.wikidata.org/wiki/Q5370008","display_name":"Embedded option","level":3,"score":0.4991729259490967},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.47738808393478394},{"id":"https://openalex.org/C112758219","wikidata":"https://www.wikidata.org/wiki/Q16038819","display_name":"Duration (music)","level":2,"score":0.4319024085998535},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.39227497577667236},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3892848789691925},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.32083314657211304},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.23139718174934387},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C142362112","wikidata":"https://www.wikidata.org/wiki/Q735","display_name":"Art","level":0,"score":0.0},{"id":"https://openalex.org/C124952713","wikidata":"https://www.wikidata.org/wiki/Q8242","display_name":"Literature","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/s1062-9769(99)00057-5","doi":"https://doi.org/10.1016/s1062-9769(99)00057-5","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s1062-9769(99)00057-5","pdf_url":null,"source":{"id":"https://openalex.org/S125273398","display_name":"The Quarterly Review of Economics and Finance","issn_l":"1062-9769","issn":["1062-9769","1878-4259"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Quarterly Review of Economics and Finance","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:quaeco:v:40:y:2000:i:2:p:169-187","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S1062-9769(99)00057-5","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320313226","display_name":"Noble Research Institute","ror":null}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":20,"referenced_works":["https://openalex.org/W107661506","https://openalex.org/W619606202","https://openalex.org/W648730870","https://openalex.org/W1480805861","https://openalex.org/W1497053608","https://openalex.org/W1517857480","https://openalex.org/W1906327481","https://openalex.org/W1974951123","https://openalex.org/W1987195385","https://openalex.org/W1991163696","https://openalex.org/W1997740550","https://openalex.org/W1998458912","https://openalex.org/W2027849119","https://openalex.org/W2033444711","https://openalex.org/W2050067494","https://openalex.org/W2129979381","https://openalex.org/W2132072990","https://openalex.org/W2144290449","https://openalex.org/W2154401967","https://openalex.org/W2167957132"],"related_works":["https://openalex.org/W2379857418","https://openalex.org/W2355174267","https://openalex.org/W2377803261","https://openalex.org/W2177195832","https://openalex.org/W2354615165","https://openalex.org/W3086025666","https://openalex.org/W2253211508","https://openalex.org/W2970209649","https://openalex.org/W4304815531","https://openalex.org/W2351800550"],"abstract_inverted_index":null,"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
