A Simulation Study of the Effect of Delayed Retirement on Welfare of the Elderly: Evidence from China

Zheng, Shen; Yang, James G.S.

doi:10.1177/21582440211016901

Cited by 9 publications

(4 citation statements)

References 25 publications

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“…Economic factors affect people's fertility behavior mainly by influencing the cost of childbearing for families, and can be divided into society production methods, income levels, and the cost of childbearing. Increased female labor force participation and delayed retirement due to industrialized production methods have a negative impact on fertility levels [8][9][10]. The income level has a significant effect on fertility behavior, but the direction of its influence is somewhat controversial among researchers.…”

Section: Factors That Influencing Fertility Behaviormentioning

confidence: 99%

The Three-party Evolutionary Game Under "Re-familization" Family Policies

Qian¹

2023

BCPEP

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With the development of society and the change of fertility culture, the fertility rate is gradually decreasing around the world, which leads to a lot of problems, so the Chinese government is seeking effective family policies to improve fertility levels. Based on the evolutionary game theory, the article defines the three participants in the evolutionary process of fertility choice and their payoff functions, then constructs a three-party evolutionary game model among individuals, firms and local governments, and finally analyzes the strategic choices of each party under the government-led family policies. The findings suggest that economic policies that directly give cash incentives and tax benefits are more effective in increasing fertility rate and creating a fertility-friendly social environment. Thus, the author suggests that the government should mainly use economic policies to promote the increase of fertility level and solve the social problem of low fertility rate.

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Section: Factors That Influencing Fertility Behaviormentioning

confidence: 99%

The Three-party Evolutionary Game Under "Re-familization" Family Policies

Qian¹

2023

BCPEP

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“…Since then, "delayed retirement" has become a universal policy that has garnered widespread attention from the public (Ren et al, 2019). However, the formal implementation of the retirement policy has yet to be accomplished and faces multiple practical obstacles (Hu et al, 2023;Shen & Yang, 2021). Therefore, it is necessary to explore the mechanisms and social impacts of the delayed retirement policy to fully understand the influence of individual life cycles and social development processes.…”

Section: Policy Backgroundmentioning

confidence: 99%

Announcing Effect: Delaying Retirement and Household Consumption Structure

2023

Preprint

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The announcement of the policy of gradually delaying retirement most likely has noteworthy social and economic implications. Although current literature has primarily focused on the macroeconomic effects of postponing retirement, insufficient attention has been devoted to the influence on micro-level household consumption. To bridge this gap, we utilized data from the China Health and Retirement Longitudinal Survey (CHARLS) database and employed the Differences-in-Differences (DID) method to analyze the consequences of announcing a gradual delay in retirement on household consumption structure. The findings suggest that the policy announcement substantially reduced the proportion of expenditures related to enjoyment and development in total household consumption, leading to an overall decline in consumption. Moreover, the effect varied significantly by gender and education level. Specifically, men with less education were more likely to reduce their consumption upon hearing the announcement. The practical implications of these empirical results are pertinent to the flexible implementation of the decision to delay retirement. JEL: I15

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“…The latest publications show that this problem area is recognized and receives a fair care of researchers. In this way, for example, the importance of pension as an indispensable part of an employee's benefits (Fapohunda, 2013) is recognized, as well as instruments to delay retirement in countries that experience population aging are proposed (Shen & Yang, 2021).…”

Section: Introductionmentioning

confidence: 99%

Pre-Retirement Planning of Expatriate Instructors: Application of Theory of Planned Behavior to the Case of the Sultanate of Oman

ILYA BYSTROV et al.

2023

RLJ

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With aging population of many countries, problems related to retirement become more and more important. At the same time, globalization resulted in emergence of new cultural groups that didn’t exist just several decades ago. Focus of the present study was to determine predictors of pre-retirement behavior of expatriate instructors. This was done through application of the Theory of Planned Behavior. The study was based on a sample of 76 academicians employed in the Sultanate of Oman. The proposed model demonstrated good explanatory ability. Attitude and perceived behavioral control constructs proved to be good predictors of retirement behavior, while the impact of subjective norms was not confirmed. Further research can be conducted in different geographical locations and different occupational groups.

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A Simulation Study of the Effect of Delayed Retirement on Welfare of the Elderly: Evidence from China

Cited by 9 publications

References 25 publications

The Three-party Evolutionary Game Under "Re-familization" Family Policies

The Three-party Evolutionary Game Under "Re-familization" Family Policies

Announcing Effect: Delaying Retirement and Household Consumption Structure

Pre-Retirement Planning of Expatriate Instructors: Application of Theory of Planned Behavior to the Case of the Sultanate of Oman

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