Los determinantes de la elección de AFP en Chile: Nueva evidencia a partir de datos individuales

Artikel

This article is the first one to use individual data to analyze the demand for AFP in Chile. This study implements panel data techniques which allow us to estimate the switch probability of an AFP customer. Results confirm the fundamental role of sales agents, which was already suggested by previous studies that have used aggregated data by AFP. Particularly, we show that although price and return elasticity of demand are low, it raises notably when associated to a sales agent visit.

Object Details

• Language: Spanisch

References and Relationships

• Bibliographic citation: Journal: Estudios de Economía ; ISSN: 0718-5286 ; Volume: 34 ; Year: 2007 ; Issue: 1 ; Pages: 53-72 ; Santiago de Chile: Universidad de Chile, Departamento de Economía

Classification and Topics

• Classification: Wirtschaft ; Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions ; Consumer Economics: Empirical Analysis ; Social Security and Public Pensions ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
• Subject: pension system ; AFP ; demand sensitivity ; switching ; individual data.

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Berstein Jáuregui, Solange ; Cabrita Felix, Carolina
• Event: Veröffentlichung
• (who): Universidad de Chile, Departamento de Economía
• (where): Santiago de Chile
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/66702
• Last update: 10.03.2025, 11:41 AM CET