中文摘要：

本文使用中国健康与养老追踪调查（CHARLS）数据，采用断点回归和双重差分识别策略，估计了“新农保”对农村老年人收入、贫困、消费、主观福利和劳动供给的影响。研究结果显示，“新农保”养老金收入显著提高了农村老年人的收入水平、减少了贫困的发生、提高了其主观福利，并在一定程度上促进了家庭消费和减少了老年人劳动供给。进一步的研究显示，健康状况较差的老年人受到的政策影响更大更显著，表明“新农保”的政策影响存在异质性。

英文摘要：

Using data from China Health and Retirement Longitudinal Study （CHARLS） and employing regression discontinuity method and difference-in-differences strategy, this pa- per evaluates the policy effects of China＇s new rural pension program （NRPP） on income,poverty status, expenditure, subjective wellbeing and labor supply of the rural elderly. Em pirical results show that, pension benefits of NRPP significantly increased personal income,decreased the incidence rate of poverty, enhanced subjeet-wellbeing, and marginally increased household expenditure and decreased labor supply. Further studies show that policy effects are larger and more significant for people with poor health status, suggesting heterogeneity of the policy effects.