Time: 12月11日（周五）14:00-15:30

Room: 万众楼小教室

Speaker: 刘宏（中央财经大学）

简介：刘宏，毕业于纽约州立大学石溪分校，获经济学博士学位。现任中央财经大学中国经济与管理研究院教授，主要研究领域包括卫生经济学、劳动经济学和公共政策评估。刘宏在国际学术期刊Journal of Economic Behavior and Organization, Journal of Comparative Economics, Health Economics, Applied Economics等上发表英文论文多篇，在国内经济类期刊《经济研究》、《经济学季刊》、《世界经济》、上发表中文论文多篇。2012年入选教育部新世纪优秀人才支持计划。

Paper title: How Social Pension Improve Health of the Elderly? Evidence from the China’s New Rural Pension Scheme   Abstract: This paper estimates the causal effect of income on health outcomes of the elderly and investigates underlying mechanisms by exploiting an income change induced by the launch of the China’s New Rural Pension scheme (NRPS). Using this policy experiment, we address the endogeneity of pension income by applying a fixed-effect model with instrumental variable correction. The main results reveal that pension enrollment and income from the NRPS have a beneficial impact on objective measures of physical health, cognitive function and psychological well-being of the rural elderly. Evidence further suggests that pension recipients respond to the new pension income in multiple ways: improved nutrition intake, getting better accessibility to health care, receiving more informal care, increased leisure activities, and better self-perceived relative economic situation. These in turn act as channels from pension income to health of the Chinese rural elderly.