| Description |
1 online resource |
| Series |
China in transition |
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China in transition (Nova Science Publishers)
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| Contents |
CHINESE PUBLIC PENSIONS ANALYZED BY OLG MODELS -- CHINESE PUBLIC PENSIONS ANALYZED BY OLG MODELS -- Library of Congress Cataloging-in-Publication Data -- Contents -- Preface -- Acknowledgments -- I. Urban Pension, Exogenous Model, Contribution Rate -- Chapter 1: Basic OLG Model for Urban Public Pension -- Abstract -- 1. Introduction -- 2. The Model -- 2.1. Individuals -- 2.2. Firms -- 2.3. The Government -- 2.4. Dynamic Equilibrium -- 3. Comparative Statics -- 3.1. Effect of Individual Contribution Rate -- 3.2. Effect of Firm Contribution Rate |
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3.3. Effect of Population Growth Rate4. Numerical Experiment -- 4.1. Parameter Calibration -- 4.2. Simulation on Firm Contribution Rate -- 4.3. Simulation on Population Growth Rate -- 5. Social Optimum -- Conclusion -- Appendix A -- Chapter 2: Lifetime Uncertainty and Urban Pension Contribution Rates -- Abstract -- 1. Introduction -- 2. The Model -- 2.1. Individuals -- 2.2. Firms -- 2.3. The Government -- 2.4. Dynamic Equilibrium System -- 3. Effects of Exogenous Variables -- 3.1. Parameter Calibration -- 3.2. Effect of Firm Contribution Rate |
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3.3. Effect of Life Expectancy3.4. Effect of Population Growth Rate -- 3.5. Intensities of the Effects -- 4. Optimal Firm Contribution Rate -- 4.1. Social Welfare Maximization -- 4.2. Risen Life Expectancy -- 4.3. Fallen Population Growth Rate -- 4.4. Risen Life Expectancy and Fallen Population Growth Rate -- Conclusion -- Chapter 3: Altruistic Motives, Life Expectancy and Urban Public Pension -- Abstract -- 1. Introduction -- 2. The Model -- 2.1. Individuals -- 2.2. Firms -- 2.3. The Government -- 2.4. Dynamic Equilibrium |
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3. Effects of Exogenous Variables3.1. Parameter Calibration -- 3.2. Effect of Firm Contribution Rate -- 3.3. Effect of Life Expectancy -- 3.4. Effect of Population Growth Rate -- 4. Social Optimum -- 5. Optimal Firm Contribution Rate -- 5.1. Risen Life Expectancy -- 5.2. Fallen Population Growth Rate -- 5.3. Risen Life Expectancy and Fallen Population Growth Rate -- Conclusion -- Appendix A -- II. Urban Pension, Endogenous Growth Model -- Chapter 4: Urban Public Pension, Human Capital and Endogenous Growth -- Abstract -- 1. Introduction -- 2. The Model |
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2.1. Individuals2.2. Firms -- 2.3. The Government -- 2.4. Markets Clearing -- 3. Equilibrium Analysis -- 3.1. Analytical Solutions -- 3.2. Effect of Firm Contribution Rate -- 3.3. Effect of Individual Contribution Rate -- 4. Numerical Experiment -- 4.1. Parameter Calibration -- 4.2. Effects of Policy Variables -- Conclusion -- Chapter 5: Urban Public Pension, Exogenous Fertility and Endogenous Growth -- Abstract -- 1. Introduction -- 2. The Model -- 2.1. Individuals -- 2.2. Firms -- 2.3. The Government -- 2.4. Physical Capital Market |
| Summary |
This book investigates the urban and rural public pension systems in China with overlapping-generations (OLG) models. This book is composed of three parts. Part one analyzes the urban public pension system, part two explores the rural public pension system, and part three discusses some possible public pension systems. It is difficult to find a book to study the Chinese public pension systems with the OLG model. This book can fill the gap in the market. It has the following distinctive features. Firstly, instead of pay-as-you-go or fully funded public pension systems, this book studies the Chi |
| Notes |
Includes index |
|
Print version record |
| Subject |
Pensions -- China
|
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Retirement income -- Government policy -- China
|
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BUSINESS & ECONOMICS -- Labor.
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POLITICAL SCIENCE -- Labor & Industrial Relations.
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Pensions
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Retirement income -- Government policy
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China
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| Form |
Electronic book
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| Author |
Yang, Zaigui
|
| LC no. |
2019720660 |
| ISBN |
9781634639897 |
|
1634639898 |
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