家庭金融投资以及经济状况对商业养老保险参保行为的影响
The Influence of Family Financial Investment and Economic Condition on Commercial Pension Insurance Participation

中国现行养老金制度正面临巨大挑战，促进养老金第三支柱发展已成为当前研究重中之重。文章根据中国社会调查综合社会调查(CGSS) 2017年数据，利用二元回归模型研究家庭经济状况及金融投资行为对商业养老保险购买行为的影响，发现家庭经济状况对商业养老保险购买行为存在显著影响，经济状况越佳，对居民投保具有促进作用。同时研究发现，家庭金融投资行为对商业养老保险的购买存在一定的中介效应；而对于个人而言，婚姻状况及健康状态也会影响居民的投保行为。对居民商业养老保险投保行为影响因素的研究在一定程度上能为我国养老金制度改革提供理论依据。
China’s current pension system is facing great challenges, and promoting the development of the third pillar of pensions has become the top priority of current research. Based on the 2017 data of China Social Survey Comprehensive Social Survey (CGSS), this paper uses a binary regression model to study the impact of family economic status and financial investment behavior on commercial endowment insurance purchase behavior, and finds that family economic status has a significant impact on commercial pension insurance purchase behavior, the better the economic situation, the promotion of residents’ insurance. At the same time, the study found that household financial investment behavior has a certain mediating effect on the purchase of commercial pension insurance. For individuals, marital status and health status also affect residents’ insurance behavior. To a certain extent, the research on the influencing factors of residents’ commercial pension insurance purchase behavior can provide a theoretical basis for the reform of my country’s pension.