辛勤滴高顿网校学员们，大家别轻易放弃秋季精算师滴考试哦，既然铁了心选择去考了，就要好好考试精算师2014年份考试复习币别资料辅导（1），抓紧时间看一看了。　　利率风险管理策略的数值测试
 
　　估计框架
 
　　资产负债管理(ALM)技术
 
　　消极的价值策略：盈余预防
 
　　积极的价值策略：盈余保护
 
　　收益策略
 
　　阅读材料：
　　4.1 CIA Educational Note "Measurement of Exposure to Interest Rate Risk," by Subcommittee on C-3 Risk, Committee on Investment Practice, June 1995
　　4.2 H. H. Panjer (editor) 1998. Financial Economics: With Applications to Investments, Insurance and Pensions. The Actuarial Foundation. Sections 3.1 to 3.9, and 3.11.
　　4.3 Ang and Sherris 1997 "Interest rate risk management: Developments in interest rate term structure modeling for risk management and valuation of interest-rate-dependent cash flows" North American Actuarial Journal Vol 1 No. 2, pages 1-26.
　　4.4 R.S. Hiller and C. Schaack, "A Classification of Structured Bond Portfolio Modeling Techniques", Journal of Portfolio Management, Fall 1990, pages 37 to 48.
　　4.5 M. Smink1994. "A numerical examination of asset-liability management strategies," Proceedings of 4th Actuarial Approach for Financial Risks (AFIR) International Colloquium. 8V-306-00 (Translation need to be done carefully, as there are many misprints.)
　　高顿网校之做人原则：书籍是全人类的营养品，生活里没有书籍，就好像没有阳光；智慧里没有书籍，就好像鸟儿没有翅膀。——莎士比亚