【题目】The Role of Social Security Protection in Charitable Giving: Evidence from China

【时间】11月15日（周五）上午10:00
【地点】文二栋经济与管理学院536会议室

【主讲人】孙文凯  教授

【主持人】张天华 研究员

【摘要】This paper explores the impact of social security protection on charitable giving among older adults in China. Using China’s public LTCI (long-term care insurance) pilot program targeting elderly aged 60 and above as a quasi-experiment with representative individual-level survey data from China Health and Retirement Longitudinal Study, our triple differences estimates show that LTCI coverage significantly promotes charitable giving among elderly households, leading to a 7.8 percentage points increase in the probability of donations (78 percent) and a corresponding 47 percent rise in the donation amount (174 yuan). The LTCI reform reduces the gap in individual giving between China and the U.S. by 14 percent. The charity effects of LTCI coverage are driven by reduced precautionary saving motives and improved subjective well-being among senior beneficiaries. In particular, the effects are more pronounced on elderly beneficiaries with higher LTC risks prior to the LTCI reform such as elderly with worse health, poorer family or social support, and less wealth, as well as on elderly beneficiaries with greater improvement in subjective welling. Heterogeneity analysis shows that the LTCI induces more charitable donations from covered elderly with religious beliefs. Our study helps to understand the underlying causes of low-level charity in less developed economies and joins the policy debate on the pros and cons of long-term care insurance reforms.

【主讲人简介】孙文凯，中国人民大学经济学院教授，主要研究劳动经济学和中小微企业发展问题。已经在国内外重要学术刊物如《经济研究》、Journal of Population Economics、Journal of Comparative Economics等发表学术论文90余篇，主编著作7部，教材3部，主持各类课题数十项。