Sharing High Growth Across Generations: Pensions and Demographic Transition in China

@article{Song2012SharingHG,
  title={Sharing High Growth Across Generations: Pensions and Demographic Transition in China},
  author={Zheng Song and Kjetil Storesletten and Yikai Wang and Fabrizio Zilibotti},
  journal={Labor: Public Policy \& Regulation eJournal},
  year={2012}
}
Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population threatens the fiscal sustainability of its pension system, a key vehicle for intergenerational redistribution. We analyze the positive and normative effects of alternative pension reforms, using a dynamic general equilibrium model that incorporates population dynamics and productivity growth. Although a reform is necessary, delaying its implementation implies large welfare gains… 
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Sharing High Growth across Generations: Pensions and Demographic Transition in China
Intergenerational inequality and old-age poverty are salient issues in contemporary China. China’s aging population threatens the fiscal sustainability of its pension system, a key vehicle for…
Fertility Policies and Social Security Reforms in China
This paper analyzes the impact of relaxing fertility controls and expanding social security in China. We develop an overlapping generations model in which fertility decisions and capital accumulation…
Old-age pension reform and modernization pathways: Lessons for China from Latin America.
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This article compares five currently debated scenarios for fertility policy transition in China, in terms of their implications for future population growth and population aging, the proportions of…
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