The Impact of Rapid Aging and Pension Reform on Savings and the Labor Supply

The Impact of Rapid Aging and Pension Reform on Savings and the Labor Supply
We study, both empirically and quantitatively, the role of savings and the labor supply in self-insurance channels over the life cycle when one faces not only idiosyncratic income risks, but also changes in longevity risk and pension benefits. We pick China as a case study since China has undergone a dramatic process of rapid aging and a... READ MORE...

Publication date: March 2019
ISBN 9781498302890
$18.00

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