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经济政策的不确定性是否会影响保险费? 新鲜的经验证据证明了这一点
Saeed Sazzad Jeris1, Shahriar Frances1,2, Mst Taskia Akter1,2
1Shahjalal University of Science & Technology, Sylhet, Bangladesh.
Heliyon
|May 26, 2023
概括
经济政策不确定性 (EPU) 显著影响保险费,对人寿保险的长期影响更大. 了解这种关系有助于制定经济政策和保险市场战略.
科学领域:
- 经济学 经济学 经济学
- 金融 金融 金融 金融 金融
- 保险研究 保险研究
背景情况:
- 经济政策不确定性 (EPU) 反映了政府财政,货币和监管政策的不可预测性.
- 欧元区受政治和经济事件的影响,影响经济稳定和市场行为.
- 保险行业的表现对经济状况和政策转变是敏感的.
研究的目的:
- 研究经济政策不确定性与保险费之间的动态关系.
- 分析EPU对保险市场的短期和长期影响.
- 为了区分EPU对生命和非生命保险部门的影响.
主要方法:
- 组合组合测试被用来评估长期关系.
- 使用了聚合平均组自回归分布式滞后 (PMG-ARDL) 回归模型.
- 使用完全修改的普通最小平方 (FMOLS) 和动态普通最小平方 (DOLS) 进行了强度检查.
主要成果:
- 经济政策不确定性对短期和长期的保险费有很大的影响.
- 对于保险费,EPU的长期影响比短期影响更为明显.
- 与非生命保险保费相比,EPU对生命保险保费的影响更大.
结论:
- 政策决策和经济不确定性对保险业产生了持久的影响.
- 利益相关者,包括政府和保险公司,必须在战略规划中考虑EPU.
- 这些发现强调了经济政策,不确定性和金融市场的相互联系.
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