We provide a detailed overview of the current state of the Chinese pension system, as well as its development, its problems and some ideas for future reforms.Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without...

We use individual level data from eight waves of the China Health and Nutrition Survey during 1991-2011 to investigate age profiles of health expenditure for rural and urban residents in the People's Republic of China (PRC). Employing a two-part model, we find that health expenditure of rural...

We relate household saving to pension reform, to explain the high household saving rates in urban China from a new perspective. We use the exogenous - policy induced - variation in pension wealth to explicitly estimate the impact of pension wealth on household saving, and obtain a significant...

Using the difference-in-differences method, we examine the impact of environmental regulation on individual health, employment, income, and welfare. We find that environmental regulation significantly improves health, but reduces employment and wage levels, although the effect on income is not...

This paper quantifies the impacts of collecting system on social insurance contribution compliance, taking advantage of a reform around 2000 in China. Using firm-level data, we find that the actual contribution rate and the probability of participation were raised by 3% and 5 percentage points...

We relate household saving to pension reform, to explain the high household saving rates in urban China from a new perspective. We use the exogenous - policy induced - variation in pension wealth to explicitly estimate the impact of pension wealth on household saving, and obtain a significant...