| 000 -LEADER |
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| fixed length control field |
01590nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
221227b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Caro, Juan Carlos and Contzen, Marcela Parada |
| 245 ## - TITLE STATEMENT |
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| Title |
Pension incentives and retirement planning in rural china: Evidence for the new rural pension scheme |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Place of publication, distribution, etc |
The Developing Economies |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
60(1), Mar, 2022: p.3-29 |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
This paper estimates the impact of social pension programs on retirement planning in rural China, focusing on the New Rural Pension Scheme (NRPS). Retirement planning is defined as an individual's intention to detach from the workforce at a given age instead of working for as long as physically possible. We also consider an individual's self-reported health characteristics and subjective life expectancy. Overall, we find that the NRPS does not incentivize younger workers (those under 60 years of age) to plan their retirement; instead, they are more likely to remain in the workforce permanently to compensate for the additional costs. However, the NRPS provides a greater incentive for older workers (those 60 years of age and older) to plan their retirement than if there was no scheme. This result is particularly relevant for older unhealthy workers with a longer subjective life expectancy. We also find evidence that mental health status is key for the effectiveness of the policy.- Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Subjective lie expectancy, Health, Retirement instruction, Pensions China. |
| 9 (RLIN) |
34914 |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
The Developing Economies |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
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| Subject DIP |
PENSIONS |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Item type |
Articles |
