Public Pension Reforms in China

This book examines the public pension reform in China from institutional and empirical perspectives, investigating its effects on households, firms, and individuals' well-being. It provides valuable academic evidence on the transformation of public pensions and their impact on consumption, financial market participation, wage and employment decisions, and individuals' well-being.

Format: Hardback
Length: 320 pages
Publication date: 31 March 2023
Publisher: Springer Verlag, Singapore

This comprehensive book delves into the intricate realm of public pension reform in China, encompassing both institutional and empirical studies perspectives. It offers a thorough introduction to the process of public pension reform in China, shedding light on its effects on households, firms, and individuals' well-being. By presenting a wealth of academic evidence, the book aims to provide a deep understanding of the transformation of public pensions and their impact on various aspects of society.

The book is organized into three distinct parts, each exploring different aspects of public pension reform. The first part delves into the institutional transitions and challenges faced by public pensions in China. It examines the historical background, policy changes, and the various institutional frameworks that have shaped the pension system over time. This section provides a foundation for understanding the complexities and complexities of the reform process.

The second part focuses on the impact of public pensions on households and firms in China. It explores how public pensions influence consumption patterns, participation in risky financial markets, and firms' decision-making regarding wage and employment. Through the analysis of comprehensive nationwide representative survey data, the book provides valuable insights into the real-world consequences of public pension reforms.

The third part examines the impact of public pensions on individuals' well-being in China. It explores the relationship between public pensions, health outcomes, and overall quality of life. By employing economic theories and econometric methods, the book offers a quantitative analysis of the effects of public pensions on individuals' well-being.

This book is a valuable resource for readers interested in up-to-date and in-depth empirical studies on the issues of public pension reform. It is particularly relevant to social security policymakers, scholars with an econometric analysis background, and anyone with an interest in the Chinese economy and social welfare. The book's comprehensive coverage and rigorous analysis provide a rich understanding of the complex dynamics and implications of public pension reform in China.

In conclusion, this book is a must-read for anyone seeking to gain a deeper understanding of public pension reform in China. Its comprehensive approach, rich academic evidence, and insightful analysis make it an invaluable resource for policymakers, scholars, and interested individuals alike.

Weight: 682g
Dimension: 235 x 155 (mm)
ISBN-13: 9789811999963
Edition number: 1st ed. 2023