This project will examine the development, innovation, policy and lessons of social security from experience both in China and other countries.
Given previous reference, this project will analyze shocks to social security equilibrium due to aging population, urbanization, and transformation
of labor market and build an optimal equilibrium for further policy suggestions by quantitative analysis. This project will apply the computable
dynamic general equilibrium model with overlapping generation structure using GAMS simulation software as its primary methodology for middle
and long period estimation of urban-and-rural binary social security system of China.
Using theoretical models and simulation techniques, this research will not only contribute to the investigation of economic impacts from system
transformation of social security such as FDC and NDC, but also build a solid theoretical and quantitative analysis foundation for further nation-wide research in this area.
