Publication:
One Country, Two Systems: Evidence on Retirement Patterns in China

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dc.contributor.authorGiles, John T.
dc.contributor.authorLei, Xiaoyan
dc.contributor.authorWang, Gewei
dc.contributor.authorWang, Yafeng
dc.contributor.authorZhao, Yaohui
dc.date.accessioned2021-05-13T14:30:45Z
dc.date.available2021-05-13T14:30:45Z
dc.date.issued2021-05
dc.description.abstractThis paper documents the patterns and correlates of retirement in China using a nationally representative survey, the China Health and Retirement Longitudinal Study. After documenting stark differences in retirement ages between urban and rural residents, the paper shows that China's urban residents retire earlier than workers in many Organisation for Economic Co-operation and Development countries and that rural residents continue to work until advanced ages. Differences in access to generous pensions and economic resources explain much of the urban-rural difference in retirement rates. Fending off the fiscal pressures resulting from rapid population aging will require encouraging longer working lives among more highly educated and skilled workers living in China's urban areas. The paper suggests that reducing disincentives created by China's employee pension system, improving health status, providing childcare, and elder care support may all facilitate longer working lives. Given spouse preferences for joint retirement, creating incentives for women to retire later may facilitate longer working lives for men and women.en
dc.identifierhttp://documents.worldbank.org/curated/en/731051620321549768/One-Country-Two-Systems-Evidence-on-Retirement-Patterns-in-China
dc.identifier.doi10.1596/1813-9450-9650
dc.identifier.urihttps://hdl.handle.net/10986/35563
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 9650
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectRETIREMENT
dc.subjectRETIREMENT AGE
dc.subjectAGING
dc.subjectPENSION
dc.subjectURBAN-RURAL GAP
dc.subjectCHARLS
dc.subjectLONGITUDINAL STUDY
dc.titleOne Country, Two Systemsen
dc.title.subtitleEvidence on Retirement Patterns in Chinaen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleOne Country, Two Systems: Evidence on Retirement Patterns in China
okr.date.disclosure2021-05-06
okr.date.doiregistration2025-04-10T11:53:29.417827Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/731051620321549768/One-Country-Two-Systems-Evidence-on-Retirement-Patterns-in-China
okr.guid731051620321549768
okr.identifier.doi10.1596/1813-9450-9650
okr.identifier.externaldocumentum090224b088585f25_2_0
okr.identifier.internaldocumentum33056879
okr.identifier.reportWPS9650
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/731051620321549768/pdf/One-Country-Two-Systems-Evidence-on-Retirement-Patterns-in-China.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryChina
okr.statistics.combined1569
okr.statistics.dr731051620321549768
okr.statistics.drstats959
okr.topicSocial Protections and Labor::Pensions & Retirement Systems
okr.unitDevelopment Research Group, Development Economics
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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