Y Song, M Wang, J Xie, W Li, X Zhang, T Wang, G Tan
Prevalence of allergic rhinitis among elementary and middle school students in Changsha city and its impact on quality of life
The Journal of laryngology and otology
present new evidence financial literacy private longterm care insurance ltci ownership singapore policy intervention resulted highly standardized marketplace fixed benefit terms premiums schedules using data 2018 singapore life panel n 6151 document almost half adults aged 50 large communitybased sample private ltci coverage find financial literacy significantly increases ltci demand notwithstanding simple choice environment consumers cannot customize policies furthermore importance financial literacy borne knowledge aspect rather financial skillsexperience aspects specifically financial knowledge question answered correctly increased probability ltci ownership 44 points average tests endogeneity literacy ltci ownership reveal endogeneity bias noninstrumented estimates overall findings underscore importance promoting financial education literacy among consumers ltci markets especially since financial knowledge expected play even salient role markets little product standardization