The Evidences of Family Insurance Decision and Saving

• Main Authors: LU, YI-CHUAN, 盧誼娟
• Other Authors: HSU, CHING-CHUN
• Format: Others
• Language: zh-TW
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/80797886645942639599

碩士 === 國立宜蘭大學 === 應用經濟與管理學系應用經濟學碩士班 === 104 === By 2008, there were still approximately three million people aged 25-65 are not included in a variety of career-based social insurance, mainly those who are housewives, non-working adult in Taiwan. To compensate for this gap, National Pension Insurance (NPI) program took effect in 2008, which to protect people's basic economic security after retirement. Therefore, the purpose of this study is, would the inauguration of NPI program change savings in different of families? Would Labor Insurance(LI), Government Employee Insurance(GEI) and private insurance affect different of household savings? And are there social insurance, private insurance and household savings as an alternative or complementary relationship? In this study, our primary dataset is taken from the Survey of Family Income and Expenditure, conducted by the Directorate General of Budget, Accounting and Statistics. We use ten waves of the cross-sectional data (2003-2013), excluding 2008, the year that NPI is launched. Our sample includes 144,777 families with four types of family structure, to distinguish between number of children at home, or if there are aged 65 or older population and the population under the aged 20 years, using treatment effects analysis method to empirical estimation. The results of this study found that National Pension Insurance and savings is an alternative relationship, but the savings and Labor Insurance, Government Employee Insurance, private insurance is a complementary relationship. Especially, the family structure of only kids reduces saving rate after NPI implemented is more than the family of only elderly. Therefore, family structure plays an important role in household saving. Our study infers that the introduction of NPI help reduce family pressure, in order to increase the likelihood of intergenerational cohabitation.