Influence of Demographic Determinants on Reverse Mortgage Willingness : An Empirical Study from India (Record no. 50866)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02122nam a2200205 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190102152226.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 190102b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Gupta, Sarita |
| 9 (RLIN) | 32815 |
| 245 ## - TITLE STATEMENT | |
| Title | Influence of Demographic Determinants on Reverse Mortgage Willingness : An Empirical Study from India |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 7-21 p |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | The present study surveyed Indian elderly homeowners to assess their willingness for National Housing Bank's (NHB) scheme : Reverse Mortgage (RM). The prominent purpose to carry out the research was to analyze various demographic factors which contribute or hinder the potential demand of RM. Binary logistic regression was applied to analyze primary data of 410 elderly respondents. The results of the study indicated that : to be older, childless, living alone or only with spouse in home, resident of metro, ill health, and longer life expectancy were the key demographic variables that significantly and positively influenced the demand of RM. Gender, marital status, and education were found to be positive but insignificant, while awareness, though insignificant, was ascertained to be negatively related with the willingness to use RM. The results of the study recommended that mere introduction of RM in a portfolio of pension products is not sufficient. Demand for RM could be boosted by enhancing product attractiveness and by combining it with promotion of ground level awareness and counseling of possible beneficiaries to eliminate doubt and complexity attached with the product. If RM is properly implemented, then housing wealth of Indian “cash poor, home rich” elderly may be unlocked as a possible instrument to tackle the challenges of aging. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | “Cash Poor, Home Rich”, |
| Uncontrolled term | Demographic Factors, |
| Uncontrolled term | Housing Wealth, |
| Uncontrolled term | Reverse Mortgage |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Kumar, Sanjay |
| 9 (RLIN) | 32816 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29162 |
| Host Itemnumber | 70953 |
| Main entry heading | Gilani, S. |
| Edition | |
| Place, publisher, and date of publication | NEW DELHI ARTHSHASTRA INDIAN JOURNAL OF ECONOMICS AND RESEARCH 2012 |
| Other item identifier | 5558931 |
| Title | ARTHSHASTRA INDIAN JOURNAL OF ECONOMICS AND RESEARCH |
| Record control number | |
| International Standard Serial Number | 2278-1811 |
| International Standard Book Number | |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 02/01/2019 | Vol 7, No 2/ 5558931JA1 | 5558931JA1 | 02/01/2019 | 02/01/2019 |