伟德BETVlCTOR1946建院40周年系列活动之学术讲座第31期
金融学系列 Seminar 第64期
主题: Early Retirement, Pension System and the High Saving Rate in China
主讲人：梁鑫
主持人：王玮
会议工具: 腾讯会议ID:197 215 845（密码:201104）
会议时间：2020年11月4日9:00-10:30
摘要
Since the reform and opening policy, China has maintained remarkable high national saving rates for over 35 years. Especially from 2000 to 2008, the national saving rate in China rose by an unprecedented 40%. This paper is the first paper that studies the role of early retirement and pension system as drivers of China’s persistent high savings. The model in this paper is a closed economy life-cycle model. The model incorporates China’s fact of early retirement and the 1990s pension reform. The findings suggest that, qualitatively, the model is capable of generating changes in the national saving rate in China and the early retirement effect contributes to the majority of the growth and fluctuation in the saving rate while both early retirement effect and wealth substitution effect have a positive impact on the saving rate; quantitatively, the model can explain approximately 66% of the increase in the saving rate between 1995 and 2012.
主讲人简介
梁鑫，西南财经大学伟德BETVlCTOR1946副教授，2019年获得康涅狄格大学经济学博士学位，2013年获得中国人民大学经济学学士学位与数学学士学位。他的主要研究领域包括宏观经济学，计算经济学，养老保险，国际贸易，中国经济。
