摘要
随着人口老龄化程度日趋加深,养老金融作为支撑养老产业发展的重要工具,发展空间巨大。然而,"养儿防老"的传统观念,以及依靠子代赡养的养老方式,成为我国养老金融发展的制约因素。运用微观经济学的分析方法,以养老金投资效用为研究对象,对比分析投资养老金融市场与投资子女获得养老保障的经济效用,发现子代赡养的养老方式,其投资传导机制产生的负效应比投资养老金融市场更为显著,继而揭示养老金融市场发展的微观动力机制。
As the aging population grows, pension finance is an important tool to support the development of the pension industry, and there is huge room for development. However, the traditional concept of "nurturing children and preventing old age" and the way of supporting the elderly dependent on the support of the children have become the limiting factors for the development of Chinese pension finance. Using the analysis method of microeconomics, We are taking the pension investment utility as the research object, comparing and analyzing the economic utility of investing in the old-age financial market and investing children to obtain the old-age security, and discovering the negative effect ratio of the investment transmission mechanism of the old-age support mode supported by the offspring investing in the pension financial market is more significant, and then reveals the micro-dynamic mechanism of the development of the pension financial market.
作者
张健明
高鹏飞
郭丽娜
张晓文
Zhang Jianming;Gao Pengfei;Guo Lina;Zhang Xiaowen
出处
《投资研究》
CSSCI
北大核心
2018年第7期4-12,共9页
Review of Investment Studies
基金
国家社会科学基金项目“特大城市基本公共服务均等化实现路径研究”(13BGL152)
国家社会科学基金青年项目“城镇居家养老服务供需匹配研究”(15CRK016)的资助
上海工程技术大学研究生创新项目“上海养老金融市场的供需匹配研究”(E3-0903-18-01067)的项目资助.
关键词
养老金
投资效用
资金模型
决策选择
Pension
Investment Utility
Funding Model
Decision-making Choice
