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
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页码:99 / 107
页数:9
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