{"title":"Research on intertemparal optimization of partially funded pension reform","authors":"D. Zou, Jia-xin Chong","doi":"10.1109/CCDC.2009.5194863","DOIUrl":null,"url":null,"abstract":"This paper studies the impact of the social security reform on the efficiency of economic equilibrium in a typical overlapping generation model. It is founded that there is a Pareto-improving of pension system reform from pay-as-you-go system to partially funded system under this paper's settings: improve the economic growth, increase equilibrium consumption, decrease income difference and improve social welfare. The result is helpful for policy choice of investment of China's social security fund.","PeriodicalId":127110,"journal":{"name":"2009 Chinese Control and Decision Conference","volume":"13 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2009-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2009 Chinese Control and Decision Conference","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/CCDC.2009.5194863","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
This paper studies the impact of the social security reform on the efficiency of economic equilibrium in a typical overlapping generation model. It is founded that there is a Pareto-improving of pension system reform from pay-as-you-go system to partially funded system under this paper's settings: improve the economic growth, increase equilibrium consumption, decrease income difference and improve social welfare. The result is helpful for policy choice of investment of China's social security fund.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
