CAJ | 학술논문

税收递延型养老储蓄（TDAs）是一种广泛流行于发达国家的成熟补充养老储蓄品种，其对常规储蓄、消费和投资带来的影响被持续关注。本文以问卷数据为基础，通过Logistic回归分析试图揭示纳税人特质对其认缴TDAs的影响。结果表明：总体上选择参与的概率约为65％，文化程度或专业知识对其有显著影响；参与者中，选择储蓄替代的概率远超选择消费和投资替代的概率；认缴者年龄越大、文化程度和收入越高则选择储蓄替代的概率越大；女性相对于男性而言会更多地倾向于通过减少消费和投资来参加TDAs；未婚者相对已婚者、任职于国企的认缴者更多地倾向于储蓄替代；储蓄动机方面，别无其他投资渠道或技巧及预防性储蓄对选择储蓄替代有着关键性的影响。
세수체연형양로저축（TDAs）시일충엄범류행우발체국가적성숙보충양로저축품충，기대상규저축、소비화투자대래적영향피지속관주。본문이문권수거위기출，통과Logistic회귀분석시도게시납세인특질대기인격TDAs적영향。결과표명：총체상선택삼여적개솔약위65％，문화정도혹전업지식대기유현저영향；삼여자중，선택저축체대적개솔원초선택소비화투자체대적개솔；인격자년령월대、문화정도화수입월고칙선택저축체대적개솔월대；녀성상대우남성이언회경다지경향우통과감소소비화투자래삼가TDAs；미혼자상대이혼자、임직우국기적인격자경다지경향우저축체대；저축동궤방면，별무기타투자거도혹기교급예방성저축대선택저축체대유착관건성적영향。
TDAs is widely popular in developed countries which affection to the normal saving, consumption and investment（C＆I） is being sustained attention since it＇s being introduced. This paper investigates the effect of taxpayer＇s characteristics on TDAs based on the questionnaire by Logistic model. The results show that： On the whole, almost 65% will be the participant of TDAs. And the education shows a significant correlation with par- ticipation rate; among which, the TDAs contributions substitute for other forms of private saving far beyond for private C＆I. From the perspective of characteristics , the older the contributor is, the more substitution for oth- er savings occurs ; the higher education they are, the more substitution for other savings happens; the higher the contributor＇s income is, the less substitution for private C＆I be found ; the male, the unmarried and the one who serves in the state -owned enterprise or has few investment skills or saves for precautionary purpose shows the higher propensity of substitution for other savings relative to its respective control group.