Financial Subsidies,Replacement Rate of Rural Pension and Economic Growth Rate
Within the framework of general equilibrium,this paper uses the overlapping generations model to study the influence and mechanism of social security on pension replacement rate and economic growth in the financial expenditure of basic old-age insurance for urban and rural residents.A three-stage iterative model is constructed,and human capital is introduced into the model,which is quantitatively analyzed by parameter simulation.It is found that there is a positive correlation between social security proportion and pension replacement rate in fiscal expenditure,and a"U"relationship between social security proportion and economic growth rate.The policy recommendations are as follows:we should dialectically adjust the financing structure of financial subsidies;the village collective should give full play to its subjective initia-tive and release its economic potential;and properly increasing public education expenditure should be considered to improve the level of human capital.
insurance for urban and rural residentsreplacement rate of pensionthe finacial burdenthe overlapping generations model
万方数据
维普
