an CGE Model of Chinese Old Age Security System

摘要：

The pension system of China adopts the combination of social pool (often referred as PAYG) and individual account. PAYG embodies redistribution and economic equity, however, the long-term vertical balance of PAYG pension fund could not be taken for granted; it is subject to the complex institutional variables based on the current system. The paper takes advantage of the overlapping generation CGE approach, namely A-K model, other than the traditional ones, analyzes the balance of PAYG theoretically and practically, and discusses the change of PAYG balance based on related system and market variable, which leads to the countermeasures in order to provide a reference for the reform of pension system.

关键词： Social Pool Computable General Equilibrium Overlapping Generations Model A-K Model

作者: Pinglu Chen

作者单位: School of Management, Huazhong University of Science and Technology, Wuhan, 430074, China

会议类型: 国际会议

会议名称: 第八届武汉电子商务国际会议(The Eighth Wuhan International Conference on E-Business)

会议地点: 武汉

会议语种:英文

页码: 1219-1223

在线出版日期: 2009-05-30（万方平台首次上网日期，不代表论文的发表时间）