@article{ART000930382},
author={임병인},
title={A Comparative Analysis on the Determinant Factors of the Insurance and the Savings in the Urban Household Survey},
journal={Journal of Insurance and Finance},
issn={2384-3209},
year={2004},
volume={15},
number={2},
pages={145-171}
TY - JOUR
AU - 임병인
TI - A Comparative Analysis on the Determinant Factors of the Insurance and the Savings in the Urban Household Survey
JO - Journal of Insurance and Finance
PY - 2004
VL - 15
IS - 2
PB - Korea Insurance Research Institute
SP - 145
EP - 171
SN - 2384-3209
AB - Using the Urban Household Income and Expenditure Survey for 1993-2002 released by the Korea National Statistics Office, we estimated and compared the determinant factors of the demand for both the insurance and the savings. Several findings emerge from the cross-sectional regressions. First, the labor income and the head age have an positive impact on the savings, while they have an negative effect on the insurance. Second, three variables, as it were, the number of the family, the dummy variable for the household owning its house, and the dummy variable for the household owning its vehicle, has an negative influence on the savings and an positive impact on the insurance. It implies that results for the insurance and the savings are contradictory. Third, the income elasticities of the savings for 10 years are elastic but that of the insurance has been elastic until 1998 and inelastic since then. It implies that the urban households shrinks or increases its savings much more than its premiums in accordance with the income fluctuation.
KW - Income elasticities of the premium or savings;Determinant factors of the insurance or savings;Cross-sectional Regression.
DO -
UR -
ER -
임병인. (2004). A Comparative Analysis on the Determinant Factors of the Insurance and the Savings in the Urban Household Survey. Journal of Insurance and Finance, 15(2), 145-171.
임병인. 2004, "A Comparative Analysis on the Determinant Factors of the Insurance and the Savings in the Urban Household Survey", Journal of Insurance and Finance, vol.15, no.2 pp.145-171.
임병인 "A Comparative Analysis on the Determinant Factors of the Insurance and the Savings in the Urban Household Survey" Journal of Insurance and Finance 15.2 pp.145-171 (2004) : 145.
임병인. A Comparative Analysis on the Determinant Factors of the Insurance and the Savings in the Urban Household Survey. 2004; 15(2), 145-171.
임병인. "A Comparative Analysis on the Determinant Factors of the Insurance and the Savings in the Urban Household Survey" Journal of Insurance and Finance 15, no.2 (2004) : 145-171.
임병인. A Comparative Analysis on the Determinant Factors of the Insurance and the Savings in the Urban Household Survey. Journal of Insurance and Finance, 15(2), 145-171.
임병인. A Comparative Analysis on the Determinant Factors of the Insurance and the Savings in the Urban Household Survey. Journal of Insurance and Finance. 2004; 15(2) 145-171.
임병인. A Comparative Analysis on the Determinant Factors of the Insurance and the Savings in the Urban Household Survey. 2004; 15(2), 145-171.
임병인. "A Comparative Analysis on the Determinant Factors of the Insurance and the Savings in the Urban Household Survey" Journal of Insurance and Finance 15, no.2 (2004) : 145-171.
