@article{ART001185654},
author={JEON, SEUNG-HOON and Lim Byung-In and Kang Sung-Ho},
title={An Analysis on Both Determinants of Purchasing the Private Pension and Changes in the Status of Subscribers},
journal={Journal of Insurance and Finance},
issn={2384-3209},
year={2006},
volume={17},
number={1},
pages={137-168}
TY - JOUR
AU - JEON, SEUNG-HOON
AU - Lim Byung-In
AU - Kang Sung-Ho
TI - An Analysis on Both Determinants of Purchasing the Private Pension and Changes in the Status of Subscribers
JO - Journal of Insurance and Finance
PY - 2006
VL - 17
IS - 1
PB - Korea Insurance Research Institute
SP - 137
EP - 168
SN - 2384-3209
AB - This study analyzes both determinants of purchasing a private pension and the after-subscription status of households during 2001-2003 by applying the binomial logit method to 4-7 waves of KLIPS. The following findings emerge from the empirical results. First, the national pension subscriber or the more the premium paid for the savings, the employed with a longer period, the more they save for the old-age, the higher the possibility of buying the private pension newly or reserving it. Second, the older, the more the cancellation of the private pension or the higher the probability which does not subscribe it newly. These imply following measures: strengthening a public relation to provoke the people to prepare for the old-age voluntarily, supplying the incentive mechanism for buying the public-and private pension more, and a new private pension for those who are 40-50 years old.
KW - private pension;binomial logit method;odds ratio
DO -
UR -
ER -
JEON, SEUNG-HOON, Lim Byung-In and Kang Sung-Ho. (2006). An Analysis on Both Determinants of Purchasing the Private Pension and Changes in the Status of Subscribers. Journal of Insurance and Finance, 17(1), 137-168.
JEON, SEUNG-HOON, Lim Byung-In and Kang Sung-Ho. 2006, "An Analysis on Both Determinants of Purchasing the Private Pension and Changes in the Status of Subscribers", Journal of Insurance and Finance, vol.17, no.1 pp.137-168.
JEON, SEUNG-HOON, Lim Byung-In, Kang Sung-Ho "An Analysis on Both Determinants of Purchasing the Private Pension and Changes in the Status of Subscribers" Journal of Insurance and Finance 17.1 pp.137-168 (2006) : 137.
JEON, SEUNG-HOON, Lim Byung-In, Kang Sung-Ho. An Analysis on Both Determinants of Purchasing the Private Pension and Changes in the Status of Subscribers. 2006; 17(1), 137-168.
JEON, SEUNG-HOON, Lim Byung-In and Kang Sung-Ho. "An Analysis on Both Determinants of Purchasing the Private Pension and Changes in the Status of Subscribers" Journal of Insurance and Finance 17, no.1 (2006) : 137-168.
JEON, SEUNG-HOON; Lim Byung-In; Kang Sung-Ho. An Analysis on Both Determinants of Purchasing the Private Pension and Changes in the Status of Subscribers. Journal of Insurance and Finance, 17(1), 137-168.
JEON, SEUNG-HOON; Lim Byung-In; Kang Sung-Ho. An Analysis on Both Determinants of Purchasing the Private Pension and Changes in the Status of Subscribers. Journal of Insurance and Finance. 2006; 17(1) 137-168.
JEON, SEUNG-HOON, Lim Byung-In, Kang Sung-Ho. An Analysis on Both Determinants of Purchasing the Private Pension and Changes in the Status of Subscribers. 2006; 17(1), 137-168.
JEON, SEUNG-HOON, Lim Byung-In and Kang Sung-Ho. "An Analysis on Both Determinants of Purchasing the Private Pension and Changes in the Status of Subscribers" Journal of Insurance and Finance 17, no.1 (2006) : 137-168.
