Access to Pensions, Old-Age Support, and Child Investment in the People’s Republic of China
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This study shows that the new pension program in the People’s Republic of China can fundamentally alter the traditional support system between generations.
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While it lessens the role of working-age adults to provide support to their old-age parents, it may also have an impact on the educational investment of parents in their children depending on their gender. Along with the new pension program, policies to reduce school dropout and to support children who receive less parental investment may mitigate the unintended adverse impact.
Contents
- Introduction
- Conceptual Framework
- Data and Empirical Strategy
- Empirical Results
- Conclusion
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Published Version
Shan, Xiaoyue and Albert Park. 2023. "Access to Pensions, Old-Age Support, and Child Investment in China." Journal of Human Resources 58 (6): 0321-11555R3. https://doi.org/10.3368/jhr.0321-11555R3.
Note: ADB recognizes "China" as the People's Republic of China.