养老保险体制改革——基于运行效率与分配公平的两难抉择

Zou, Tieding and Ye, Hang (2013): 养老保险体制改革——基于运行效率与分配公平的两难抉择.

Abstract

This paper uses an OLG model to analyze the dilemma between efficiency and fairness, and then give a numerical simulation for China’s reform practice in pension system with Chinese data.Results showed that :1)Compared to efficiency and fair distribution, partial full-funded syste- m was better than full-funded system, and worse than pay-as-you-go system.2)Based on the situat- ion of China ,it is reasonable to choose and keep partial full-funded system. Labor production is t- he key factor in improving efficiency and fair distribution,more investment was needed to improve human capital,and the school education and vocational education also need to pay more attention.

• Item Type: MPRA Paper
• English Title: Pension Reforming——The Dilemma between Efficiency and Fairnes
• Language: Chinese
• Keywords: Pension;Efficiency;Fairness;Pension Reform
• Subjects: G - Financial Economics > G2 - Financial Institutions and Services > G22 - Insurance ; Insurance Companies ; Actuarial Studies; H - Public Economics > H5 - National Government Expenditures and Related Policies > H55 - Social Security and Public Pensions; I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty > I38 - Government Policy ; Provision and Effects of Welfare Programs; J - Labor and Demographic Economics > J1 - Demographic Economics > J14 - Economics of the Elderly ; Economics of the Handicapped ; Non-Labor Market Discrimination

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