Patterns and Correlates of Intergenerational Non-Time Transfers : Evidence from CHARLS
Using the China Health and Retirement Longitudinal Study 2008 pilot, this paper analyzes the patterns and correlates of intergenerational transfers between elderly parents and adult children in Zhejiang and Gansu Provinces. The pilot is a unique data source from China that provides information on th...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/06/16338825/patterns-correlates-intergenerational-non-time-transfers-evidence-charls http://hdl.handle.net/10986/9333 |
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okr-10986-93332021-04-23T14:02:45Z Patterns and Correlates of Intergenerational Non-Time Transfers : Evidence from CHARLS Lei, Xiaoyan Giles, John Hu, Yuqing Park, Albert Strauss, John Zhao, Yaohui AGED AGEING AGING BIRTH RATE CAPITAL INVESTMENTS CHRONIC ILLNESS DATA QUALITY DECISION MAKING DEMOGRAPHY DEVELOPMENT ECONOMICS DIABETES ECONOMIC GROWTH ECONOMICS EMPLOYMENT FAMILIES FAMILY PLANNING FAMILY SAFETY NETS FAMILY SIZE FAMILY SUPPORT FAMINE FATHERS FEMALES FINANCIAL INSTITUTIONS GENERATIONS GERONTOLOGY HEPATITIS B HOUSEHOLD INCOME HOUSEHOLD SURVEY HUMAN CAPITAL HUMAN DEVELOPMENT HYPERTENSION INCOME INCOME TRANSFERS INSURANCE INTERGENERATIONAL SUPPORT INTERGENERATIONAL TRANSFERS KINSHIP KINSHIP NETWORKS LABOR ECONOMICS LIVING STANDARDS MARITAL STATUS MIGRANTS MIGRATION MORTALITY MOTIVATION OLD AGE OLDER PEOPLE PARENTS POLITICAL ECONOMY POOR POOR HEALTH POVERTY LINE PRIVATE TRANSFERS RETIREMENT RURAL RURAL AREAS SAFETY SAVINGS SOCIAL SAFETY NETS SOCIAL SECURITY TRANSFER AMOUNTS WORKERS Using the China Health and Retirement Longitudinal Study 2008 pilot, this paper analyzes the patterns and correlates of intergenerational transfers between elderly parents and adult children in Zhejiang and Gansu Provinces. The pilot is a unique data source from China that provides information on the direction as well as amount of transfers between parents and each of their children, and clearly distinguishes transfers between parents and children from those among other relatives or friends. The paper shows that transfers flow predominantly from children to elderly parents, with transfers from children playing an important role in elderly support. Taking advantage of the rich information available in this survey, the authors find strong evidence that transfers are significantly affected by the financial capabilities of individual children. Educated and married children have a higher tendency to provide transfers to their parents; and oldest sons are less likely to provide transfers than their younger brothers. With future continued rapid economic growth in China, the income disadvantage of the elderly will persist and upward generational transfers will likely remain the most common form of private transfers. In the absence of some other source of elderly support (such as a public pension or own savings), the dwindling number of children implies that the financial burden associated with supporting the elderly is likely to increase. 2012-06-29T20:30:05Z 2012-06-29T20:30:05Z 2012-06 http://documents.worldbank.org/curated/en/2012/06/16338825/patterns-correlates-intergenerational-non-time-transfers-evidence-charls http://hdl.handle.net/10986/9333 English Policy Research Working Paper; No. 6076 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific China |
| repository_type |
Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AGED AGEING AGING BIRTH RATE CAPITAL INVESTMENTS CHRONIC ILLNESS DATA QUALITY DECISION MAKING DEMOGRAPHY DEVELOPMENT ECONOMICS DIABETES ECONOMIC GROWTH ECONOMICS EMPLOYMENT FAMILIES FAMILY PLANNING FAMILY SAFETY NETS FAMILY SIZE FAMILY SUPPORT FAMINE FATHERS FEMALES FINANCIAL INSTITUTIONS GENERATIONS GERONTOLOGY HEPATITIS B HOUSEHOLD INCOME HOUSEHOLD SURVEY HUMAN CAPITAL HUMAN DEVELOPMENT HYPERTENSION INCOME INCOME TRANSFERS INSURANCE INTERGENERATIONAL SUPPORT INTERGENERATIONAL TRANSFERS KINSHIP KINSHIP NETWORKS LABOR ECONOMICS LIVING STANDARDS MARITAL STATUS MIGRANTS MIGRATION MORTALITY MOTIVATION OLD AGE OLDER PEOPLE PARENTS POLITICAL ECONOMY POOR POOR HEALTH POVERTY LINE PRIVATE TRANSFERS RETIREMENT RURAL RURAL AREAS SAFETY SAVINGS SOCIAL SAFETY NETS SOCIAL SECURITY TRANSFER AMOUNTS WORKERS |
| spellingShingle |
AGED AGEING AGING BIRTH RATE CAPITAL INVESTMENTS CHRONIC ILLNESS DATA QUALITY DECISION MAKING DEMOGRAPHY DEVELOPMENT ECONOMICS DIABETES ECONOMIC GROWTH ECONOMICS EMPLOYMENT FAMILIES FAMILY PLANNING FAMILY SAFETY NETS FAMILY SIZE FAMILY SUPPORT FAMINE FATHERS FEMALES FINANCIAL INSTITUTIONS GENERATIONS GERONTOLOGY HEPATITIS B HOUSEHOLD INCOME HOUSEHOLD SURVEY HUMAN CAPITAL HUMAN DEVELOPMENT HYPERTENSION INCOME INCOME TRANSFERS INSURANCE INTERGENERATIONAL SUPPORT INTERGENERATIONAL TRANSFERS KINSHIP KINSHIP NETWORKS LABOR ECONOMICS LIVING STANDARDS MARITAL STATUS MIGRANTS MIGRATION MORTALITY MOTIVATION OLD AGE OLDER PEOPLE PARENTS POLITICAL ECONOMY POOR POOR HEALTH POVERTY LINE PRIVATE TRANSFERS RETIREMENT RURAL RURAL AREAS SAFETY SAVINGS SOCIAL SAFETY NETS SOCIAL SECURITY TRANSFER AMOUNTS WORKERS Lei, Xiaoyan Giles, John Hu, Yuqing Park, Albert Strauss, John Zhao, Yaohui Patterns and Correlates of Intergenerational Non-Time Transfers : Evidence from CHARLS |
| geographic_facet |
East Asia and Pacific China |
| relation |
Policy Research Working Paper; No. 6076 |
| description |
Using the China Health and Retirement Longitudinal Study 2008 pilot, this paper analyzes the patterns and correlates of intergenerational transfers between elderly parents and adult children in Zhejiang and Gansu Provinces. The pilot is a unique data source from China that provides information on the direction as well as amount of transfers between parents and each of their children, and clearly distinguishes transfers between parents and children from those among other relatives or friends. The paper shows that transfers flow predominantly from children to elderly parents, with transfers from children playing an important role in elderly support. Taking advantage of the rich information available in this survey, the authors find strong evidence that transfers are significantly affected by the financial capabilities of individual children. Educated and married children have a higher tendency to provide transfers to their parents; and oldest sons are less likely to provide transfers than their younger brothers. With future continued rapid economic growth in China, the income disadvantage of the elderly will persist and upward generational transfers will likely remain the most common form of private transfers. In the absence of some other source of elderly support (such as a public pension or own savings), the dwindling number of children implies that the financial burden associated with supporting the elderly is likely to increase. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Lei, Xiaoyan Giles, John Hu, Yuqing Park, Albert Strauss, John Zhao, Yaohui |
| author_facet |
Lei, Xiaoyan Giles, John Hu, Yuqing Park, Albert Strauss, John Zhao, Yaohui |
| author_sort |
Lei, Xiaoyan |
| title |
Patterns and Correlates of Intergenerational Non-Time Transfers : Evidence from CHARLS |
| title_short |
Patterns and Correlates of Intergenerational Non-Time Transfers : Evidence from CHARLS |
| title_full |
Patterns and Correlates of Intergenerational Non-Time Transfers : Evidence from CHARLS |
| title_fullStr |
Patterns and Correlates of Intergenerational Non-Time Transfers : Evidence from CHARLS |
| title_full_unstemmed |
Patterns and Correlates of Intergenerational Non-Time Transfers : Evidence from CHARLS |
| title_sort |
patterns and correlates of intergenerational non-time transfers : evidence from charls |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2012/06/16338825/patterns-correlates-intergenerational-non-time-transfers-evidence-charls http://hdl.handle.net/10986/9333 |
| _version_ |
1764409170145050624 |