G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w24065
来源IDWorking Paper 24065
Leaving Money on the Table? Suboptimal Enrollment in the New Social Pension Program in China
Xi Chen; Lipeng Hu; Jody L. Sindelar
发表日期2017-12-04
出版年2017
语种英语
摘要China’s recently implemented New Rural Pension Scheme (NRPS), the largest social pension program in the world, was designed to provide financial protection for its rural population and reduce economic inequities. Yet the impact of this program is mitigated if those eligible fail to enroll. This paper examines the extent to which pension-eligible individuals, and their families, make optimal pension decisions. Families are involved in the NRPS decisions because, in most cases, adult children need to enroll as a prerequisite of their parents’ receipt of benefits. We examine the decisions of both those eligible for pension benefits (i.e. over 60 years old) and their adult children. We use the rural sample of the 2012 China Family Panel Study to study determinants of the decision to enroll in NRPS, premiums paid, and time taken to enroll. We find evidence of low and suboptimal pension enrollment by eligible individuals and their families. Suboptimal enrollment takes various forms including failure to switch from the dominated default pension program to NRPS and little evidence that families make mutually beneficial intra-family decisions. For the older cohort, few individual and family characteristics are significant in enrollment decisions, but village characteristics play an important role. For the younger cohort, we find that more individual-level characteristics are significant, including own and children’s education. Village characteristics are important but not as much as for the older cohort.
主题Microeconomics ; Households and Firms ; Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Poverty and Wellbeing
URLhttps://www.nber.org/papers/w24065
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581739
推荐引用方式
GB/T 7714
Xi Chen,Lipeng Hu,Jody L. Sindelar. Leaving Money on the Table? Suboptimal Enrollment in the New Social Pension Program in China. 2017.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
w24065.pdf(1095KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Xi Chen]的文章
[Lipeng Hu]的文章
[Jody L. Sindelar]的文章
百度学术
百度学术中相似的文章
[Xi Chen]的文章
[Lipeng Hu]的文章
[Jody L. Sindelar]的文章
必应学术
必应学术中相似的文章
[Xi Chen]的文章
[Lipeng Hu]的文章
[Jody L. Sindelar]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w24065.pdf
格式: Adobe PDF
此文件暂不支持浏览

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。