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題名 Life Insurance and Suicide: Asymmetric Information Revisited
作者 陳國樑
Choi, Yun Jeong;Chen, Joe;Sawada, Yasuyuki
貢獻者 財政系
關鍵詞 life insurance; suicide; asymmetric information
日期 2015-07
上傳時間 12-Jul-2017 10:18:16 (UTC+8)
摘要 This paper investigates the nexus between life insurance and suicide behavior by applying semiparametric instrumental variable regressions to OECD cross-country data from 1980 to 2002. The novelty of our analysis lies in the use of cross-country variations in the lengths of the suicide exemption period in policies and foreign market shares in life insurance industries as identifying instruments for life insurance demand. We find that, for the majority of observations, there exists a positive causality from life insurance demand to suicide. This result suggests the existence of adverse selection and moral hazards in life insurance markets in OECD countries.
關聯 The B.E. Journal of Economic Analysis & Policy, 15(3), 1127-1149
資料類型 article
DOI http://dx.doi.org/10.1515/bejeap-2014-0081
dc.contributor 財政系
dc.creator (作者) 陳國樑zh-tw
dc.creator (作者) Choi, Yun Jeong;Chen, Joe;Sawada, Yasuyukien-US
dc.date (日期) 2015-07
dc.date.accessioned 12-Jul-2017 10:18:16 (UTC+8)-
dc.date.available 12-Jul-2017 10:18:16 (UTC+8)-
dc.date.issued (上傳時間) 12-Jul-2017 10:18:16 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/110934-
dc.description.abstract (摘要) This paper investigates the nexus between life insurance and suicide behavior by applying semiparametric instrumental variable regressions to OECD cross-country data from 1980 to 2002. The novelty of our analysis lies in the use of cross-country variations in the lengths of the suicide exemption period in policies and foreign market shares in life insurance industries as identifying instruments for life insurance demand. We find that, for the majority of observations, there exists a positive causality from life insurance demand to suicide. This result suggests the existence of adverse selection and moral hazards in life insurance markets in OECD countries.
dc.format.extent 168 bytes-
dc.format.mimetype text/html-
dc.relation (關聯) The B.E. Journal of Economic Analysis & Policy, 15(3), 1127-1149
dc.subject (關鍵詞) life insurance; suicide; asymmetric information
dc.title (題名) Life Insurance and Suicide: Asymmetric Information Revisited
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1515/bejeap-2014-0081
dc.doi.uri (DOI) http://dx.doi.org/10.1515/bejeap-2014-0081