@techreport{NBERw6794,
 title = "Social Security Pension Reform in China",
 author = "Martin Feldstein",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "6794",
 year = "1998",
 month = "November",
 URL = "http://www.nber.org/papers/w6794",
 abstract = {China has legislated a mixed social security pension system with a defined benefit pay-as-you-go portion and an investment-based defined contribution portion.  This paper analyses the economics of these two types of systems in the Chinese context and calculates the advantage to China of using an investment-based portion.  Several options for reform of the recently legislated system are considered.},
}