Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/298128 
Erscheinungsjahr: 
2023
Schriftenreihe/Nr.: 
ADB Economics Working Paper Series No. 682
Verlag: 
Asian Development Bank (ADB), Manila
Zusammenfassung: 
This paper studies how access to public pensions affects old-age support and child investment in traditional societies. Guided by predictions from an overlapping generations model, we analyze the influences of a new pension program in rural People's Republic of China, using a difference-in-differences approach. We find that the program crowds out transfers from working-age adults, especially men, to their elderly parents. Interestingly, the impact on child investment significantly differs by child gender. While adult parents increase educational investment in sons, their investment in daughters appears to decrease. Our findings highlight the unintended consequences of public pensions on parental investment.*
Schlagwörter: 
altruism
pension
old-age support
rural PRC
intergenerational transfers
JEL: 
D64
H55
J14
J16
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Dokumentart: 
Working Paper

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