Voelzke, Jan Gößling, Fabian Diesteldorf, Jeanne Weigt, Till
Year of Publication:
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Financial Econometrics I F14-V1
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.