Wang, Ning; Deng, Yiling; Wu, Ruohan - In: Financial services review 32 (2024) 1, pp. 1-28
Prior research on the demand for life insurance in household portfolio holdings has not made a clear distinction … examines the relationship between household portfolio allocation decisions and the demand for life insurance in a dynamic … setting, using panel data before and after the 2008 financial crisis. The study provides the first evidence that household …