POTRAŽNJA ZA ŽIVOTNIM OSIGURANJEM U ZEMLJAMA ORGANIZACIJE ZA EKONOMSKU SURADNJU I RAZVOJ

master's thesis

• Title (english): THE DEMAND FOR LIFE INSURANCE IN ORGANIZATION FOR ECONOMIC COOPERATION AND DEVELOPMENT COUNTRIES
• Author: Ana Nediljka Nikolić
• Mentor: Saša Jakšić (mentor)
• Committee member: Maja Mihelja Žaja (predsjednik povjerenstva)
• Committee member: Mihovil Anđelinović (član povjerenstva)
• Granter: University of Zagreb; Faculty of Economics and Business; Zagreb
• Defense date and country: 2020-09-29, Croatia
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics; Finance

Abstract

Svrha ovog rada je empirijska analiza potražnje za životnim osiguranjem u zemljama OECD-a. Kao zavisna varijabla unutar modela, odabrana je penetracija životnog osiguranja. Nadalje, odabrane su sljedeće nezavisne varijable: dohodak, inflacija, obrazovanje, urbanizacija, očekivani životni vijek i omjer zavisnosti mladih o radnoj populaciji. Podaci su prikupljeni za period od jedanaest godina između 2008. i 2018. godine, na uzorku zemalja OECD-a. Za potrebe rada koristila se panel analiza te su procijenjeni sljedeći modeli: model združene regresije i statistički panel modeli s fiksnim i slučajnim učincima. Da bismo izabrali odgovarajući model provedeni su F-test, Breusch-Paganov LM test i Hausmanov test. Najboljim modelom pokazao se panel model s fiksnim učincima.

Abstract (english)

The purpose of this paper is to empirically analyze the demand for life insurance in OECD countries. Life insurance penetration was selected as the dependent variable. Furthermore, the following independent variables were selected: income, inflation rate, education, urbanization, life expectancy, and youth dependency. The analyzed data spans eleven years from 2008 to 2018, on a sample of OECD countries. For this paper, a panel analysis was used and the following models evaluated: pooled OLS model, fixed effects panel model, and random effects panel model. To determine which model to employ F-test, the Breusch-Pagan LM test and Hausman test were used. Based on the results of these tests the best model has proven to be a fixed effects model.

• Keywords: životno osiguranje; OECD; penetracija životnim osiguranja; panel model; panel model s fiksnim učincima
• Keywords (english): life insurance; OECD; life insurance penetration; panel data; fixed effects model
• Language: croatian
• URN:NBN: urn:nbn:hr:148:782781
• Study programme: Title: Business Economics; Study programme type: university; Study level: graduate; Academic / professional title: magistar/magistra ekonomije (magistar/magistra ekonomije)
• Type of resource: Text
• File origin: Born digital
• Access conditions: Access restricted to authenticated users
• Created on: 2020-09-30 09:41:18