The fertility effects of public pension: Evidence from the new rural pension scheme in China

被引:9
作者
Shen, Zheng [1 ,2 ]
Zheng, Xiaodong [3 ]
Yang, Hualei [4 ]
机构
[1] Zhejiang A&F Univ, Sch Econ & Management, Hangzhou, Peoples R China
[2] Zhejiang A&F Univ, Key Cultivating Think Tank Zhejiang Prov, Res Acad Rural Revitalizat Zhejiang Prov, Hangzhou, Peoples R China
[3] Zhejiang Gongshang Univ, Sch Econ, Hangzhou, Peoples R China
[4] Zhongnan Univ Econ & Law, Sch Publ Adm, Wuhan, Peoples R China
来源
PLOS ONE | 2020年 / 15卷 / 06期
基金
中国国家自然科学基金;
关键词
SOCIAL-SECURITY; CHILDREN; MODEL;
D O I
10.1371/journal.pone.0234657
中图分类号
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号
07 ; 0710 ; 09 ;
摘要
Public pension insurance has become a major form of social protection around the world. However, little is known about the association between public pension expansion and individuals' fertility in developing economies. In this paper, we examine the effects of the New Rural Pension Scheme (NRPS) on the fertility of married women in rural China. Using data from the China Family Panel Studies (CFPS), the difference-in-differences approach is employed to estimate the impact of NRPS expansion on fertility outcomes. The robustness of results is checked through additional estimations, including difference-in-differences with propensity score matching, fixed-effects model, and instrumental variable approach. Results show that the NRPS expansion has a significantly negative effect on the number of children, and it reduces the likelihood of having a second child. The fertility-reducing effect of the NRPS is larger for the younger, well-educated women and those in high-income families. Considerations of the fertility effects and their population differences are needed in the impact evaluations of relevant public pension reform.
引用
收藏
页数:17
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