응용통계연구 (The Korean Journal of Applied Statistics)

  • 제23권4호
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  • Pages.635-650
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  • 2010
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  • 1225-066X(pISSN)
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  • 2383-5818(eISSN)
한국통계학회 (The Korean Statistical Society)
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Policyholder Surrender Behaviors under Extreme Financial Conditions

  • Kim, Chang-Ki (Australian School of Business, The University of New South Wales)
  • 투고 : 20100400
  • 심사 : 20100600
  • 발행 : 2010.08.31
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초록

We model surrender rates with a few explanatory variables such as the difference between reference marke rates and product crediting rates, the policy age since the contract was issued, unemployment rates, economy growth rates, and seasonal effects using logit function. We investigate the policy holder surrender behaviors of US single premium deferred annuities(SPDA) and Korean interest indexed annuities under extreme financial conditions.

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참고문헌

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