This study aims to examine whether life insurance futures can serve as a hedge against the COVID-19 pandemic and whether they have the characteristics of a safe haven under the impact of the health shocks of the COVID...This study aims to examine whether life insurance futures can serve as a hedge against the COVID-19 pandemic and whether they have the characteristics of a safe haven under the impact of the health shocks of the COVID-19 pandemic.We chose three life insurance stock futures in India and one in Taiwan as samples,including the market index of the two countries and the number of confirmed COVID-19 cases as sample variables.We used the growth rate of COVID-19 cases as the threshold variable,esti-mated the asymmetric threshold vector autoregression model,and found that insur-ance futures in the regime with a significant growth rate of confirmed COVID-19 cases can hedge against COVID-19 risks;therefore,insurance futures are a safe haven for the market.We further estimated the time-varying parameter vector autoregression model,and the impulse response results showed that insurance futures are a safe haven for COVID-19 pandemic risks.展开更多
Since the implementation of pilot program on futures price insurance of agricultural products in 2015,it has achieved good results.This paper summarizes the practice on futures price insurance of agricultural products...Since the implementation of pilot program on futures price insurance of agricultural products in 2015,it has achieved good results.This paper summarizes the practice on futures price insurance of agricultural products and brings forward the following recommendations: expanding the scale,speeding up the coming of new options and futures varieties into the market,strengthening supervision,controlling risk,and actively exploring income insurance.展开更多
目前全国各地积极探索多种形式的医保支付方式,合理有效的医保费用支付方式是医药卫生体制改革的重点内容和关键环节,也是控制医疗费用快速增长和科学有效地使用医保资金的关键所在。研究通过分析对比我国目前已经开展的按项目付费、按...目前全国各地积极探索多种形式的医保支付方式,合理有效的医保费用支付方式是医药卫生体制改革的重点内容和关键环节,也是控制医疗费用快速增长和科学有效地使用医保资金的关键所在。研究通过分析对比我国目前已经开展的按项目付费、按单元付费、按人头付费、按疾病病种付费(diagnosis related groups,DRGs)、总额预付费等医保费用支付方式的不同特点和政策要求,同时对比分析欧美西方发达国家的医保支付管理经验,以求探索、总结先进管理经验,为我国的支付方式改革提供可参考的样本。通过国内外医保付费方式的对比分析发现对我国的启示主要包括探索实施多元复合式医保支付制度、根据病种和诊疗特点实行不同支付方式、实施全面总额控制下的医保支付方式、全面推行以按疾病诊断相关分组(diagnosis related group,DRG)/病种分值付费(diagnosis intervention packet,DIP)为主的多元付费方式。通过对国际改革的政策及实践经验总结分析,进而对我国深化医改和推进医保费用支付方式改革的管理实践起到促进作用。展开更多
基金supported in part by grants from the Ministry of Science and Technology,Taiwan,under Grant no.MOST 111-2410-H-240-001-.
文摘This study aims to examine whether life insurance futures can serve as a hedge against the COVID-19 pandemic and whether they have the characteristics of a safe haven under the impact of the health shocks of the COVID-19 pandemic.We chose three life insurance stock futures in India and one in Taiwan as samples,including the market index of the two countries and the number of confirmed COVID-19 cases as sample variables.We used the growth rate of COVID-19 cases as the threshold variable,esti-mated the asymmetric threshold vector autoregression model,and found that insur-ance futures in the regime with a significant growth rate of confirmed COVID-19 cases can hedge against COVID-19 risks;therefore,insurance futures are a safe haven for the market.We further estimated the time-varying parameter vector autoregression model,and the impulse response results showed that insurance futures are a safe haven for COVID-19 pandemic risks.
文摘Since the implementation of pilot program on futures price insurance of agricultural products in 2015,it has achieved good results.This paper summarizes the practice on futures price insurance of agricultural products and brings forward the following recommendations: expanding the scale,speeding up the coming of new options and futures varieties into the market,strengthening supervision,controlling risk,and actively exploring income insurance.
文摘目前全国各地积极探索多种形式的医保支付方式,合理有效的医保费用支付方式是医药卫生体制改革的重点内容和关键环节,也是控制医疗费用快速增长和科学有效地使用医保资金的关键所在。研究通过分析对比我国目前已经开展的按项目付费、按单元付费、按人头付费、按疾病病种付费(diagnosis related groups,DRGs)、总额预付费等医保费用支付方式的不同特点和政策要求,同时对比分析欧美西方发达国家的医保支付管理经验,以求探索、总结先进管理经验,为我国的支付方式改革提供可参考的样本。通过国内外医保付费方式的对比分析发现对我国的启示主要包括探索实施多元复合式医保支付制度、根据病种和诊疗特点实行不同支付方式、实施全面总额控制下的医保支付方式、全面推行以按疾病诊断相关分组(diagnosis related group,DRG)/病种分值付费(diagnosis intervention packet,DIP)为主的多元付费方式。通过对国际改革的政策及实践经验总结分析,进而对我国深化医改和推进医保费用支付方式改革的管理实践起到促进作用。