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We provide a detailed overview of the current state of the Chinese pension system, as well as its development, its problems and some ideas for future reforms.Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without...
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post-1990s and 2000s baby busters successively enter into labor market in China, which has led to the decrease of working …
Persistent link: https://www.econbiz.de/10011572939
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For all its rapid economic and military growth, China may have a crucial weakness in its grossly underfunded retirement … system for the largest national population on earth. Currently, the implicit pension debt in China is around $1.5 trillion, a … to 1 in 1960 to 2 to 1 in 2040. Because China generally limits each family to one child, the decline is much faster: from …
Persistent link: https://www.econbiz.de/10014056227
detailed analysis of the trajectories, policy rationale, and effects of China's pension reforms, demonstrating how statecraft … other actors. In Pension Policy and Governmentality in China, Yan Wang shows that China's governmentality for manufacturing …
Persistent link: https://www.econbiz.de/10013431104
The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system and across provinces. This paper describes the...
Persistent link: https://www.econbiz.de/10014402256
The objective of the paper is to examine the retirement behaviour of Belgian workers in one-earner households who are automatically granted a more generous old-age pension benefits replacement rate, called the household replacement rate. Following a recommendation of the Belgian Pension Reform...
Persistent link: https://www.econbiz.de/10012801885
This paper provides novel evidence on the labor supply response to negative income shocks in retirement, exploiting an institutional feature that caused differential and unexpected income losses among otherwise identical individuals in a sharp regression discontinuity design. We conclude that...
Persistent link: https://www.econbiz.de/10012548246