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Pension levels, social activities, and household consumption

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  • Qu, Bowen

Abstract

Using CHARLS2020 data, this paper conducts a comprehensive exploration of the deep-seated connections between pension levels, social engagement, and household spending. The findings indicate that elevated pension levels notably boost household consumption, with social activities serving as a crucial intermediary in this dynamic. Furthermore, the research uncovers diverse influences of gender, income, and health condition on the relationship between pension and consumption.

Suggested Citation

  • Qu, Bowen, 2025. "Pension levels, social activities, and household consumption," Finance Research Letters, Elsevier, vol. 75(C).
    • Handle: RePEc:eee:finlet:v:75:y:2025:i:c:s1544612325001187
    DOI: 10.1016/j.frl.2025.106853
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    References listed on IDEAS

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    1. Wang, Minglu & Pan, Yifan & Jing, Peng, 2025. "Balancing economic growth and pension adequacy: The combined effects of contribution rate reduction and retirement age postponement," International Review of Economics & Finance, Elsevier, vol. 102(C).

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