Essays about: "Bei Dong"
Found 1 essay containing the words Bei Dong.
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1. Chinese Basic Pension Substitution Rate: A Monte Carlo Demonstration of the Individual Account Model
University essay from StatistikAbstract : At the end of 2005, the State Council of China passed ”The Decision on adjusting the Individual Account of Basic Pension System”, which adjusted the individual account in the 1997 basic pension system. In this essay, we will analyze the adjustment above, and use Life Annuity Actuarial Theory to establish the basic pension substitution rate model. READ MORE
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