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《Journal of Shanghai Jiaotong University》 2008-11
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China's Social Security Programs Based on Endogenous Economic Growth Model

YANG Ji-guang~1,LIU Hai-long~1,XU You-chuan~2(1.Antai College of Economics & Management,Shanghai Jiaotong University,Shanghai 200052,China;2.Institute for Financial Studies,Fudan University,Shanghai 200433,China)  
A three-period dynamic endogenous growth model combining the social security programs of(China) was set up in the framework of general equilibrium,which simulated the economic growth paths of(China) from 2000 to 2060 with some given parameters.It was found that the aging population has different(influences) on capital accumulation and educational expenditures.The educational expenditures in the fully funded social security are more than those in the pay-as-you-go,while the physical capitals in the fully funded are less than those in the pay-as-you-go.The economic growth rates in the fully funded are (firstly) higher than the pay-as-you-go,while lower later.
【Fund】: 国家自然科学基金资助项目(70773076)
【CateGory Index】: F842.6;F224
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