Equity Release

"Arbitrage Problems with Reflected Geometric Brownian Motion." (D.E. Buckner, K. Dowd and H. Hulley) Finance and Stochastics (2023) 28: 1-26.

"A Market Consistent Approach to the Valuation of No-Negative Equity Guarantees and Equity Release Mortgages." (D. Buckner, K. Dowd and H. Hulley) Journal of Demographic Economics 89: 349-372. https://doi.org/10.1017/dem.2023.6.

"The Eumaeus Guide to Equity Release Valuation: Restating the Case for a Market Consistent Approach." (2021) Second edition (D. Buckner and K. Dowd). KSP Books (29 June).

 
"On the Profitability of Equity Release Mortgage Loans." (K. Dowd and D. Buckner) African Journal of Estate and Property Management Vol. 8, No. 2, September 2021.

"Discounting the Discounted Projection Approach." (D. Buckner and K. Dowd) North American Actuarial Journal DOI: 10.1080/109.20277.2021.1916537 (11 June 2021)

"How Profitable are Equity Release Mortgages?" (D. Buckner and K. Dowd) Economics Letters. 197 (2020) 109651.

"The Valuation of No Negative Equity Guarantees and Equity Release Mortgages." (K. Dowd, D. Buckner, D. Blake and J. Fry) Economics Letters 184 (2019) 108669.

The Eumaeus Guide to Equity Release Valuation: Restating the Case for a Market Consistent Approach. (D. Buckner and K. Dowd) The Eumaeus Project,15 July 2019. 

Equity Release: Another Equitable in the Marking. (D. Buckner and K. Dowd) Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise, Studies in Applied Economics No. 129, November 2018. 

Asleep at the Wheel: The Prudential Regulation Authority and the Equity Release Sector. London: Adam Smith Institute, 7 August 2018.

See also blog postings at The Eumaeus Project or recent blog postings and letters to newspapers.