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Social Security Pension Reform in China

Martin Feldstein

Scholarly Articles from Harvard University Department of Economics

Abstract: 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 analyses 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.

Date: 1999
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Citations: View citations in EconPapers (33)

Published in China Economic Review

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http://dash.harvard.edu/bitstream/handle/1/2794835/feldstein_china.pdf (application/pdf)

Related works:
Journal Article: Social security pension reform in China (1999) Downloads
Working Paper: Social Security Pension Reform in China (1998) Downloads
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