Intergenerational Transfers and China’s Social Security Reform
Ayse Imrohoroglu () and
Kai Zhao ()
No 2017-18, Working papers from University of Connecticut, Department of Economics
Most of the studies examining the implications of social security reforms in China use overlapping generations models and abstract from the role of family support. How-ever, in China, family support plays a prominent role in the well-being of the elderly and often substitutes for the lack of government-provided old-age support systems. In this paper, we investigate the impact of social security reform in China in a model with two-sided altruism as well as a pure life-cycle model. We show that the quantitative implications of social security reform are very different across the two models.
Pages: 55 pages
New Economics Papers: this item is included in nep-age, nep-cna, nep-dge and nep-tra
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Journal Article: Intergenerational transfers and China’s social security reform (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:uct:uconnp:2017-18
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