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International Journal of
            Population Studies                                        Endowment insurance and family consumption in China



            Investigation: Lili Zheng, Ya Su                   Friedman, M. (1957).  A  Theory of the Consumption Function.
            Methodology: Lili Zheng, Ya Su                        Princeton: Princeton Press.
            Writing–original draft: Ya Su                      Gale, W.G. (1998). The effects of pensions on household wealth:
            Writing–review & editing:  Qianxi Shi, Yutong Shao,   A reevaluation of theory and evidence. Journal of Political
               Wenhua Hou                                         Economy, 106(4):706-723.
            Ethics approval and consent to participate            https://doi.org/10.1086/250027
                                                               Hubbard, R.G., Skinner, J., & Zeldes, S.P. (1995). Precautionary
            Not applicable.
                                                                  saving and social insurance.  Journal of Political Economy,
            Consent for publication                               103(2):360-399.
                                                                  https://doi.org/10.1086/261987
            Not applicable.
                                                               Jin, W.D., & Shu, M.J. (2024). Consumption incentive effects of
            Availability of data                                  flexible workers’ participation in pension insurance in the
                                                                  digital economy. Studies in Labor Economics, 1:83-101.
            The data used in this study can be obtained from the
            Peking University Open Research Data Platform (https://  Kang, J.Y., Park, S., & Ahn, S. (2022). The effect of social pension
            opendata.pku.edu.cn/dataverse/CFPS?language=en).      on consumption among older adults in Korea. The Journal of
                                                                  the Economics of Ageing, 22, 100364.
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               https://doi.org/10.1086/260246                     https://doi.org/10.1016/j.jimonfin.2022.102650


            Volume 11 Issue 5 (2025)                       117                        https://doi.org/10.36922/ijps.4857
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