An investigation on substitutability between banksaving and insurance in Chinese context
The dissertation investigates the feasibility of diversifying saving through the insurance market. Cross section data has been collected through a randomly distributed questionnaire. Three hypotheses were tested to identify the substitutability between saving and insurance products. Diverse findings...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2006
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| Online Access: | https://eprints.nottingham.ac.uk/20743/ |
| Summary: | The dissertation investigates the feasibility of diversifying saving through the insurance market. Cross section data has been collected through a randomly distributed questionnaire. Three hypotheses were tested to identify the substitutability between saving and insurance products. Diverse findings are presented. Only commercial old-age insurance reduced saving rate significantly, precautionary saving has not been substituted by health insurance and property insurance, while the substitute effect between retirement expenditure and old-age insurance is more evident. |
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