长期护理保险覆盖率与老年人的劳动力参与:来自中国的证据

IF 5.2 1区 经济学 Q1 ECONOMICS 中国经济评论 Pub Date : 2024-05-10 DOI:10.1016/j.chieco.2024.102192
Jingyi Ai , Jin Feng , Xiaohan Zhang
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引用次数: 0

摘要

许多学者将经济增长放缓归因于人口老龄化及其对劳动力规模的负面影响。同时,针对老龄化社会的政府项目可能会产生工作抑制因素。本文利用中国推出长期护理保险(LTCI)项目的契机,研究了长期护理保险对老年人劳动力市场的意外影响。我们发现,参保老年人的劳动力市场参与度降低,完全退出劳动力市场或不从事全职工作的概率显著增加。我们还记录了对低收入、健康状况不佳、高龄和少子女人群的更大影响。老年人损失的工资占国内生产总值的 0.25%。这些发现对 "未富先老 "的国家具有政策意义。
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Long-term care insurance coverage and labor force participation of older people: Evidence from China

Many scholars attribute the slowdown of economic growth to population aging and its negative impact on the size of the labor force. Meanwhile, government programs targeting an aging society can generate work disincentives. This paper studies the unintended labor market effects of Long-term Care Insurance (LTCI) among people of older age by exploiting the launch of the LTCI program in China. We find that policy-covered older adults decreased labor market engagement, significantly increasing the probability of exiting the labor market completely or not working full-time. We also document more substantial effects among those with low income, poor health, advanced age, and few children. The forgone wages of older adults account for >0.25% of GDP. These findings have policy implications for countries “growing old before getting rich.”

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来源期刊
中国经济评论
中国经济评论 ECONOMICS-
CiteScore
10.60
自引率
4.40%
发文量
380
期刊介绍: The China Economic Review publishes original works of scholarship which add to the knowledge of the economy of China and to economies as a discipline. We seek, in particular, papers dealing with policy, performance and institutional change. Empirical papers normally use a formal model, a data set, and standard statistical techniques. Submissions are subjected to double-blind peer review.
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