Series: IMF Working Papers
Author(s): Hui He , Lei Ning , and Dongming Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 18 March 2019
Keywords: Pension reforms, Social security, Household survey data, Labor supply, Social welfare programs, Demographic Change, Pension Reform, Saving, Life Cycle, Heterogeneous Agent Model
We study, both empirically and quantitatively, the role of savings and the labor supply in self-insurance channels over the life cycle when one faces not only idiosyncratic income risks, but also changes in longevi...