Pension levels, social activities, and household consumption

Bowen Qu

Finance Research Letters, 2025, vol. 75, issue C

Abstract: Using CHARLS2020 data, this paper conducts a comprehensive exploration of the deep-seated connections between pension levels, social engagement, and household spending. The findings indicate that elevated pension levels notably boost household consumption, with social activities serving as a crucial intermediary in this dynamic. Furthermore, the research uncovers diverse influences of gender, income, and health condition on the relationship between pension and consumption.

Keywords: Pension level; Social activities; Household consumption (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:75:y:2025:i:c:s1544612325001187

DOI: 10.1016/j.frl.2025.106853

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