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...

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Bibliographic Details
Main Author: He, Hui
Other Authors: Ning, Lei, Zhu, Dongming
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/061
Online Access:Full text available on IMF