… They not only exacerbate the financial sustainability crisis and reduce management efficiency
but also lead to greater inequality (J. Liu et al., Citation2016). As a policy response to the …

… of constructing a self-financing pension insurance scheme out of the … to the pension fund
and depriving the state of long-term investment capital. When Russia annexed Crimea in March …

… By analyzing the effects of pension reforms, Barr [3] holds … designing the pension system
is the conflict between long-term … about the financial situation of pension funds in the long run …

… pension program implementation. Results indicate modest to large reductions in depressive
symptoms due to pension … to claim pension income, among populations with more financial …

… As mentioned above, without any policy intervention, this paper uses the prediction model
to bring in relevant parameters to simulate the financial operation of the basic pension fund for …

… preparation in China, a country that is growing old before getting rich. Drawing on … large
proportion of Chinese people, especially the elderly, women, and under-educated, lack financial …

… approach to derive policy implications on pension reforms, for example Wang et al. (2014b), …
We find that annuitising financial assets and home equity for retirement improves the …

… Applying the model to China, we find that the pension reform and rapid aging together …
In our model, since the pension system is self'financing, the payroll tax rate ,ss has to adjust …

… winter are already felt in China. The long demographic winter is coming to China and in the
next … the financial sustainability of China’s public institutions or even the political stability. …

… we briefly explain China's process of financial reform and … reform policies and distinguish
the McKinnon effect and Stiglitz effect of financial repression on economic growth and financial …