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养老保险体制改革——基于运行效率与分配公平的两难抉择
[Pension Reforming——The Dilemma between Efficiency and Fairnes]

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  • Zou, Tieding
  • Ye, Hang
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    Abstract

    This paper uses an OLG model to analyze the dilemma between efficiency and fairness, and then give a numerical simulation for China’s reform practice in pension system with Chinese data.Results showed that :1)Compared to efficiency and fair distribution, partial full-funded syste- m was better than full-funded system, and worse than pay-as-you-go system.2)Based on the situat- ion of China ,it is reasonable to choose and keep partial full-funded system. Labor production is t- he key factor in improving efficiency and fair distribution,more investment was needed to improve human capital,and the school education and vocational education also need to pay more attention.

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    File URL: http://mpra.ub.uni-muenchen.de/49579/
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    Bibliographic Info

    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 49579.

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    Date of creation: 05 Jan 2013
    Date of revision: 23 Jul 2013
    Handle: RePEc:pra:mprapa:49579

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    Related research

    Keywords: Pension; Efficiency; Fairness; Pension Reform;

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    1. Brunner, Johann K., 1993. "Redistribution and the efficiency of the pay-as-you-go pension system," Discussion Papers, Series I 265, University of Konstanz, Department of Economics.
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