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The Determinants of life insurance demand In Central and Southeastern Europe

Recurso electrónico / electronic resource
Registro MARC
Tag12Valor
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008  140207e20120301can|| p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
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1001 ‎$0‎MAPA20140002139‎$a‎Kjosevski, Jordan
24514‎$a‎The Determinants of life insurance demand In Central and Southeastern Europe‎$c‎Jordan Kjosevski
520  ‎$a‎The main purpose of this study is to identify determinants of the demand of life insurance in 14 countries in Central and South- Eastern Europe (CSEE). We use fixed-effects panel model for the period 1998 - 2010 allowing each cross-sectional unit to have a different intercept term serving as an unobserved random variable that is potentially correlated with the observed regressors. We use two measures as a demand for life insurance: life insurance penetration and life insurance density. The research results show that higher, GDP per capita, inflation, health expenditure, level of education and rule of law are the most robust predictors of the use of life insurance. Real interest rates, ratio of quasi-money, young dependency ratio, old dependency ratio control of corruption and government effectiveness do not appear to be robustly associated with life insurance demand
650 4‎$0‎MAPA20080570590‎$a‎Seguro de vida
650 4‎$0‎MAPA20080584580‎$a‎Demanda de seguros
650 4‎$0‎MAPA20080568931‎$a‎Europa Central
650 4‎$0‎MAPA20080572143‎$a‎Europa del Este
7102 ‎$0‎MAPA20140002146‎$a‎Canadian Center of Science and Education
7730 ‎$t‎International Journal of Economics and Finance.- Toronto : Canadian Center of Science and Education‎$g‎Vol. 4, No. 3, March 2012 ; p. 237-247