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Longevity insurance benefits for social security : international experience

Turner, John A.; Hughes, Gerard; Chłoń-Domińczak, … - In: Economic challenges of pension systems : a …, (pp. 193-210). 2020

Longevity insurance benefits are deferred annuities that start payment at an advanced age at which a substantial proportion of the birth cohort has died. In high-income countries, that would mean that these annuities would start for people in their early 80s, but when social security programs...

Persistent link: https://www.econbiz.de/10012207227

China's pension system and reform : an OECD perspective

Queisser, Monika; Reilly, Andrew; Hu, Yu-Wei - In: Economic and political studies : EPS 4 (2016) 3/4, pp. 345-367

Persistent link: https://www.econbiz.de/10011589795

The impact of rapid aging and pension reform on savings and the labor supply : the case of China

He, Hui; Ning, Lei; Zhu, Dongming - 2019

We study, both empirically and quantitatively, the role of savings and the labor supply in self-insurance channels over … social security benefits for the period 1995-2009. We find that both savings and the labor supply are quantitatively … adjustment to savings and labor supply have significant macroeconomic implications. Applying the model to China, we find that the …

Persistent link: https://www.econbiz.de/10012009609

Population Aging and Saving in China : The Role of Financial Development

Kim, Dong‐Hyeon; Lin, Shu-Chin - 2023

The question as to whether population ageing affects saving remains controversial. The paper argues that the inconclusiveness may be because the population ageing-saving nexus is conditioned by financial development. Using China’s provincial data over the period 1989-2019, it indeed finds that...

Persistent link: https://www.econbiz.de/10014355182