连续时间模型下的寿险需求和中国寿险市场的相关实证研究

本文以我国寿险市场为背景,通过建立包括保险决策的资产选择的动态连续时间模型,给出了保险产品价格成本效应对寿险需求影响的理论分析,并通过具体的数据分析讨论了模型的意义。本文还实证研究了目前我国保险市场一些主要的保障型寿险产品的附加保费因子及其对我国居民保险需求的影响。这在某种程度上解释了我国目前保障性保险需求不足的现象。同时本文实证分析的结果显示我国的保障性保险还远没有满足我国居民的潜在需求,并针对这种现象提出了相关的政策建议。

DEMAND FOR LIFE INSURANCE IN A CONTINUOUS-TIME MODEL AND AN EMPIRICAL APPLICATION TO CHINA'S LIFE INSURANCE MARKET

With China's life insurance market as background,we propose a dynamic continuous-time model to describe individual optimal life insurance strategy.Numerical Simulation shows that the premium loading factor of life insurance contracts may dramatically affect the optimal strategy of insurance purchasing.We make use of a database from the Chinese market to calibrate our model and show that,although our model does help explain the paucity of demand for life insurance in China,there is still a huge growth potent...