• Journals

影響中高農民屋主申請不動產逆向抵押貸款意願因素之研究

我國老年人口比率逐年上升，尤其農村人口老化更是快速，使得農民經濟安全更顯重要。故本文針對臺灣55歲以上中高農民屋主為研究對象，運用問卷方式及二元羅吉斯（Logistic）迴歸模型來探討影響申請「逆向抵押貸款」（reverse mortgage）商品意願之因素。研究結果發現，教育程度愈高、遺產動機愈少、現有房屋數愈多、無購買理財型保險、富裕程度自我評估愈不足、負債愈趨避、自我理財規劃瞭解程度愈高、未來每月生活費需求愈多、愈認為以房養老為好的金融商品者，以及退休後不與子女同住者愈有意願申請意願。另推估我國老農申請逆向抵押貸款之潛在需求量約為4.5萬戶。

• Journals

台積電擴大設廠是否帶動周圍地區房價上漲？以台南科學園區為例

本文探討台積電於2018年在台南科學園區擴大設廠後，是否帶動周圍地區住宅價格的上漲，並分析短期炒作效應與產業效應對於周圍地區住宅價格的影響。實證結果顯示台積電晶圓18廠於2018年動工後，周圍地區住宅價格逐年上漲，善化區住宅價格明顯較高且中高價位住宅價格漲幅最大。短期重複交易之炒作效應帶動價格上漲9.3%且高於台積電投資設廠的產業效應。差異中之差異法估計結果顯示台積電擴大設廠帶動善化區住宅價格漲幅達11.2%，且炒作效應帶動價格上漲幅度大於產業投資效應。

• Journals

The Role of Living Environment in Ageing and Happiness Perception among Older Adults in Taiwan

The living environment plays a crucial role in the ageing and happiness perception of older adults. This study verifies the mutual influence of living environment evaluation and happiness perception in older adults living in Taiwan and discusses the heterogeneous variables involved. A total of 409 samples were used in a Bivariate Generalised Ordered Probit model. The findings demonstrate that the interactive relationship between the evaluation of the living environment of older adults and their psychological perception of happiness is significant. When the evaluated community is perceived as clean, interesting, and safe, its probability of being suitable for living increases, which highlights that interesting elements should be incorporated into the designs of living environments, while avoiding a monotonous and dull environment. Unsatisfactory quality of life and age explained the heterogeneity among older adults. Moreover, with progressing age, older adults' dependency on their existing residences increased. Therefore, to maintain consistency in older adults' daily lives, their retirement plans should include improving their current residences or moving them to better ones.

• Journals

從新冠肺炎疫情之發生分析國際住宅不動產市場

本研究以台灣、美國、澳洲、英國、日本及南韓為研究對象，利用2009年1月至2022年3月房價指數、經濟成長率與新冠肺炎（COVID-19）疫情及其他總體經濟變數建立自我迴歸落遲模型進行分析。實證結果顯示，新冠肺炎爆發後，各國央行大力實施寬鬆貨幣政策的正面效果大於疫情所帶來的負面效果，因此各國的房市並未遭受衝擊，反而因資金充裕而走高。總體經濟因素包括消費者信心指數、通貨膨脹率、股價指數、利率與貨幣供給額皆對多國房價指數及經濟成長亦分別有不同程度之影響。這些實證結果可供各國政府未來在因應重大事件、制定相關貨幣與財政時之有效參考。