暗网禁区 学术报告[2025] 102号

(高水平大学建设系列报告1204号）

报告题目：Optimal asset allocation for households with healthcare and insurance

报告人：刘敬真 教授（中央财经大学）

报告时间：2025年10月24日下午15:00-16:00

报告地点：深圳大学粤海校区汇文楼2433　　　　　　　　　　　　　　　　

报告摘要：This paper studies an optimal consumption, life insurance, investment, and healthcare spending problem for a two-member household with constant relative risk aversion (CRRA) preferences. Healthcare spending slows down the natural growth of the mortality rate, thereby extending the life expectancy of family members. We take into account the trade-off between the costly health investment and the breadwinner's life insurance. Analytical solutions are derived using the dynamic programming method. Additionally, numerical examples are presented to illustrate our results.  It shows that healthcare spending steadily increases with age and reduces the household's  reliance on life insurance. The ratio of insurance to healthcare spending decreases with both age and the healthcare efficacy function parameter. Moreover, the higher natrual growth rate of mortality leads to a more stable increase in healthcare spending with age.

报告人简介：刘敬真教授，博士生导师， 毕业于香港理工大学，2013年加入中央财经大学工作， 曾先后于香港大学，香港城市大学，麦考瑞大学，新南威尔士大学，科廷大学，德克萨斯大学达拉斯分校等学校进行合研究。 曾在国际top期刊《SIAM Journal on Control and Optimization》《Automatica》《Scandinavian Actuarial Journal》《Finance and Stochastics》等杂志发表学术文章多篇，主持国家自然科学基金3项。

欢迎师生参加！

邀请人：李婧超

暗网禁区

2025年10月21日