Naslov
ECONOMIC AND DEMOGRAPHIC DETERMINANTS OF DEMAND FOR LIFE INSURANCE

Autori
Pivac, Snježana ; Marasović, Branka ; Kovač, Dujam

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of the 13th International Symposium on Operational Research SOR'15 / Zadnik, Stirn, L. ; Žerovnik, J. ; Drobne, S. - Bled : Slovensko društvo informatika, 2015, 317-322

ISBN
978-961-6165-45-7

Skup
13th International Symposium on Operational Research SOR'15

Mjesto i datum
Bled, Slovenija, 23.09.2015. - 25.09.2015

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Life insurance demand, Transition countries of central Europe, Static panel analysis

Sažetak
The insurance industry, particularly its stronger component life insurance, is increasingly gaining in importance as financial intermediary that facilitate the role of the financial system in economic growth. Important position of the life insurance industry will be explained by economic and demographic determinants on the example of the transition countries of central Europe, applying a static panel model. According to the results of previous studies, hypothesis has been confirmed - a rise in income contributes to the growth of the insurance market and the demand for life insurance is function of bequest motive. The limiting factor in the development of the life insurance market is unemployment, which is becoming very disturbing in the study on a group of countries. As an additional reason for the interest of the study stands out relatively few studies comparing them with the banking sector.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA