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This paper studies the impact of the universal pension programme on elderly poverty in both rural and urban China. Using the three rounds of panel data based on the Health and Retirement Longitudinal Study (CHARLS) in 2011-2015, we examine whether the universal pension programme reduced elderly...
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Based on digital technology, the Internet credit loan (ICL) quickly expands in China with pricing advantages and inclusiveness. However, we find a significant adverse selection problem in China’s ICL market. Using the 2019 China Household Finance Survey (CHFS) data, households with higher...
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