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China has made great progress in weaving its social safety net in the new century. By constructing the three pillars of its social protection system – the pension system, the medical care system, and social assistance – China is trying to cover all its people under the system. Regardless of...
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As population aging becomes more pronounced in the developing world, the uneven implementation of social safety nets raises important questions as to how well traditional family-based mechanisms insure elderly incomes when pension systems fail. Using a unique dataset from a recent household...
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When social security is established to provide pensions to parents, their reliance upon children for future financial support decreases; and their need to save for retirement also falls. We use the expansion of pension coverage from the state sector to the non-state sector in urban China as a...
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