Working Paper: NBER ID: w25088
Authors: Hanming Fang; Jin Feng
Abstract: We provide a detailed overview of the current state of the Chinese pension system, as well as its development, its problems and some ideas for future reforms.
Keywords: No keywords provided
JEL Codes: H55
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Aging population (J11) | Financial sustainability issues (G32) |
| Aging population (J11) | Higher dependency ratio (J19) |
| Higher dependency ratio (J19) | Increased fiscal burden on the pension system (H55) |
| High contribution rates (H55) | Lower enrollment rates (I24) |
| Variations in local economic conditions (R11) | Adequacy of pension benefits (H55) |
| Regional disparities (R12) | Inequalities in income security among retirees (H55) |
| Fragmented management of pension schemes (J32) | Regional disparities (R12) |