Social security pension reform in China

被引:80
作者
Feldstein, M
机构
[1] Harvard Univ, Dept Econ, Cambridge, MA 02138 USA
[2] Natl Bur Econ Res, Cambridge, MA 02138 USA
关键词
social security; pensions; saving;
D O I
10.1016/S1043-951X(99)00007-3
中图分类号
F [经济];
学科分类号
02 ;
摘要
China has legislated a mixed social security pension system with a defined benefit pay-as-you-go portion and an investment-based defined contribution portion. This paper analyzes the economics of these two types of systems in the Chinese context and calculates the advantage to China of using an investment-based portion. Several options for reform of the recently :legislated system are considered. (C) 1999 Elsevier Science Inc. All rights reserved.
引用
收藏
页码:99 / 107
页数:9
相关论文
共 10 条
[1]   CAPITAL FORMATION AND ECONOMIC-GROWTH IN CHINA [J].
CHOW, GC .
QUARTERLY JOURNAL OF ECONOMICS, 1993, 108 (03) :809-842
[2]   The economics of prefunding social security and Medicare benefits [J].
Feldstein, M ;
Samwick, A .
NBER MACROECONOMICS ANNUAL 1997, 1997, 12 :115-+
[3]  
FELDSTEIN M, 1998, PRIVATIZING SOCIAL S
[4]  
FELSTEIN MS, 1998, PRIVATIZING SOCIAL S, P215
[5]  
FREIDMAN B, 1998, UNPUB SUSTAINABLE SO
[6]  
HU A, 1997, INT SOCIAL SECURITY, V50, P45, DOI DOI 10.1111/J.1468-246X.1997.TB01076.X
[7]  
HUSSAIN A, 1994, AM ECON REV, V84, P276
[9]   Social security reform in China: The case of old-age insurance [J].
Song, SF ;
Chu, GSF .
CONTEMPORARY ECONOMIC POLICY, 1997, 15 (02) :85-93
[10]  
World Bank, 1997, CHIN 2020 SER