Population Ageing,Social Security System Reform and China's Economic Growth:Theory and Simulation
基于三期代际交叠模型，研究了混合型社会保障体系在人口老龄化背景下对家庭消费、储蓄、教育投资及中国经济增长的影响，发现从现收现付制转向混合制有利于物质和人力资本积累及经济增长。
Based on a three - period overlapping generation model,this paper investigates how mixed social collection and personal account social security system affect household's consumption,savings and education investment decisions and China's economic growth in die context of population aging.The main findings are that, a pay - as - you - go system changed to a mixed system,is conducive to physical and human capital accumulation and economic growth.As the longevity keep rising and the pressure of old - age support is increasing,it is extremely important to improve the speed of human capital accumulation and the efficiency of human capital investment for alleviating the financial crisis of social collection system and maintaining economic growth.The theoretical analysis and simulation result of this paper show us the direction of die reform of pension system from the perspective of economic growth.