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This paper seeks to understand how market imperfections affect the behavior of consumers in China's rural economy. A theoretical and empirical model is developed and estimated using a household-level data from six counties in Hebei Province.
A survey of the development of pensions in the United States, addressing such issues as what employees want from pensions, what incentives the employer has to create pensions, and what desirable effects industrial pensions have on the economy.Pensions are retirement insurance: They offer protecti
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