Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/161048 
Year of Publication: 
2016
Series/Report no.: 
IZA Discussion Papers No. 10425
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This paper examines the impacts of social pension provision among people of different ages. Utilizing the county-by-county rollout of the New Rural Pension Scheme in rural China, we find that, among the age-eligible people, the scheme provision leads to higher household income (18 percent) and food expenditure (10 percent), lower labor supply (6 percent), and better health (11-14 percent). In addition, among the age-ineligible adults, the pension scheme shifts them from farming to non-farming work, lowers insurance participation rate, but does not change income, expenditure or health significantly. Finally, among the children aged below 15, the pension scheme leads to more pocket money received, more caring from grandparents, improved health, and higher schooling rate.
Subjects: 
pension
health
elderly
JEL: 
E21
H55
I38
O22
Document Type: 
Working Paper

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