Journal of the Korean Home Economics Association 2004;42(9):37-51.
도시근로자 가계의 저축, 저축성 보험, 계에 관한 연구
Savings Accounts, Savings Insurance and Private Financial Clubs and Their Determinants
Jung Sun Yang, Soon Mi Kim
Dept. of Consumers' Life Information, Chungnam National University
ABSTRACT
The purpose of this study was to examine the effects of household characteristics on savings account, savings insurance, and private financial clubs. Data for this study were collected from the 2001 Household Income and Expenditure Survey consisting of a sample of 1,801 salary and wage earners' households. Tobit analysis was peformed to investigate savings accounts, savings insurance and private financial clubs. The results showed that 76% of households held savings accounts, 77% savings insurance, and 12% non-institutional assets in private financial clubs. Sender, age, education, job, spouse employment, family type, location, home ownership, number of children, and family income were significant determinants of investment in savings accounts, savings insurance, and private financial clubs. Family income was the most powerful variable.
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