Cohort Differences in Parental Financial Help to Adult Children

In this article, we examine birth cohort differences in parents’ provision of monetary help to adult children with particular focus on the extent to which cohort differences in family structure and the transition to adulthood influence these changes. Using data from the Health and Retirement Study from 1994 to 2010, we compare financial help to children of three respondent cohorts as the parents in these birth cohorts from ages 53–58 to 57–62. We find that transfers to children have increased among more recent cohorts. Two trends—declining family size and children’s delay in marriage—account for part of the increase across cohorts. However, other trends, such as the increase in the number of stepchildren and increasing child’s income level, tend to decrease the observed cohort trend.     

Endowments and parental investments in infancy and early childhood

This article tests whether parents reinforce or compensate for child endowments. We estimate how the difference in birth weight across siblings impacts specific parental investments: breast-feeding, well-baby visits, immunizations, and preschool attendance. Our results indicate that normal-birth-weight children are 5%–11% more likely to receive early childhood parental investments than their low-birth-weight siblings. Moreover, the presence of additional low-birth-weight siblings in the household increases the likelihood of investments such as well-baby visits and immunizations for normal-birth-weight children. These results suggest that parental investments in early childhood tend to reinforce endowment differences.     

Do coresidency and financial transfers from the children reduce the need for elderly parents to works in developing countries?

Do elderly parents use coresidence with or financial transfers from children to reduce their own labour supply in old age? This paper is one of only a few studies that seeks to formally model elderly labour supply in the context of a developing country while taking into account coresidency with and financial transfers from children. We find little evidence that support from children—either through transfers or coresidency—substitutes for elderly parents’ need to work. Thus, as in developed countries, there is a role for public policy to enhance the welfare of the elderly population.     

家庭结构对老年人代际支持的影响研究

本文利用中国老年健康影响因素跟踪调查（CLHLS）项目2008年的数据,分析了家庭结构的变迁（表现为居住安排与子女数量两方面）对老年人所获得的来自子女的代际支持的影响。研究结论显示,是否与子女同住会影响老年人获得的经济支持、情感支持与照料支持,而子女数量对代际支持的获得有正向作用。     

Influence of Proximity to Kin on Residential Mobility and Destination Choice: Examining Local Movers in Metropolitan Areas

A growing body of research has examined how family dynamics shape residential mobility, highlighting the social—as opposed to economic—drivers of mobility. However, few studies have examined kin ties as both push and pull factors in mobility processes or revealed how the influence of kin ties on mobility varies across sociodemographic groups. Using data on local residential moves from the Panel Study of Income Dynamics (PSID) from 1980 to 2013, we find that location of noncoresident kin influences the likelihood of moving out of the current neighborhood and the selection of a new destination neighborhood. Analyses of out-mobility reveal that parents and young adult children living near each other as well as low-income adult children living near parents are especially deterred from moving. Discrete-choice models of neighborhood selection indicate that movers are particularly drawn to neighborhoods close to aging parents, white and higher-income households tend to move close to parents and children, and lower-income households tend to move close to extended family. Our results highlight the social and economic trade-offs that households face when making residential mobility decisions, which have important implications for broader patterns of inequality in residential attainment.     

Declines in Health and Support Between Parents and Adult Children: Insights from Diabetes

Population Research and Policy Review - We investigate associations between a diabetes diagnosis and financial and instrumental transfers between parents and adult children. Data are from...     

城市廉租住房保障时间及家庭特征研究--基于生存分析视角

为了研究廉租住房保障时间及其主要影响因素,运用生命表方法和Cox比例风险模型对一项廉租住房家庭的抽样调查数据进行分析,发现廉租住房保障时间具有长期性,超过5年的概率为66?9％。廉租住房家庭规模小、婚姻不稳定、享受住房补贴大、其他生活开支大、居住在郊区等特征将增加其享受住房保障的时间;而申请时零就业的家庭,因其就业人口增加,退出住房保障的概率更高。因此,廉租住房制度应注重居住的稳定性,同时需要加大对住房保障家庭就业的支持力度,增加家庭的就业人口,减少对住房保障的依赖,实现其经济自助。     

Children and the Mental Health of Older Adults in China: What Matters?

China is witnessing several major demographic, socioeconomic, and cultural trends that likely intersect in unique and significant ways to influence the health and well-being of its older adult population. Concerns that such trends may be eroding traditional family structures and values raise questions about the continued importance and impact of children on the lives of their older parents. Do children matter and, if so, what is it about having children that makes a difference to the mental health of their parents? This study addressed these issues using baseline data drawn from the Chinese Longitudinal Aging Social Survey, conducted in 2014. Multivariate OLS regression analyses revealed the importance of having children for parental mental health. This relationship was found to be mediated by economic/utilitarian factors (co-residence, the receipt of financial, and instrumental support) as well as psychological/emotional factors (companionship, emotional support), and social/traditional factors (children’s socioeconomic status achievements). These findings support the view that children continue to be important to the mental health of their older parents in contemporary China. Further, what matters most when it comes to understanding the influence that children have on parents’ mental health are their perceived accomplishments in life and their meaningful presence in the day-to-day lives of their parents.

     

Preference for Boys,Family Size,and Educational Attainment in India

Using data from nationally representative household surveys, we test whether Indian parents make trade-offs between the number of children and investments in education. To address the endogeneity due to the joint determination of quantity and quality of children, we instrument family size with the gender of the first child, which is plausibly random. Given a strong son preference in India, parents tend to have more children if the firstborn is a girl. Our instrumental variable results show that children from larger families have lower educational attainment and are less likely to be enrolled in school, with larger effects for rural, poorer, and low-caste families as well as for families with illiterate mothers.     

养老倒逼婚姻：理解当前农村早婚现象的一个视角

农村近年来重新出现早婚高潮,早婚率甚至已经逼近上世纪80年代的水平。本文基于豫东西村的实地调查,认为当前农村的早婚现象是代际关系变动的结果,即养老倒逼婚姻：父母希望早日完成人生任务以便趁年轻力壮为自己积攒养老资源,子女在接受早婚要求的同时也通过婚姻向父母索取了大量家庭财富,代际之间的理性博弈助推了早婚的出现。在未来相当长的时期内,由代际关系变动推动的早婚仍将存在并可能有所发展。     

Children in large families

A summary was provided of issues presented by Dr. Cynthia Lloyd in her chapter on investing in children from the 1994 volume "Population and Development: Old Debates, New Conclusions." Children in large families may miss the opportunities offered in a modernizing society. The possibilities for adverse consequences because of a large size of families include a smaller share of resources (time, income, and/or nutrition) among family members, limited access to public resources (health care and education), unequal distribution of resources among family members, and gender defined roles. Dr. Lloyd's review of the literature exposed the lack of emphasis on the impact of opportunity, equity, and intergenerational transfers on child welfare. Children's smaller share of resources had less impact on child welfare. Later-born and unwanted children were particularly vulnerable in large families. Unwanted children were usually later born or girls. The lack of investments in girl's education not only affected the limited earning power and opportunity to escape from gender restricting roles but also contributed to the perpetuation of the cycle of high fertility and gender discrimination. Family decisions about fertility and investments in children's education and nutrition can not be separated from the social context of culture, class, social custom, and level of socioeconomic development. Disadvantage is not assured in large families, but statistically more probable. Fewer children are more likely to be wanted and to receive better care. Societies should provide high quality family planning services, safe abortion services, and enforcement of primary school education requirements. Measures need to be adopted for promotion of schooling for girls that is sensitive to cultural norms. Laws must protect children's rights to economic support from both biological parents. Gender discrimination against women must be eliminated.     

农村家庭子女养老行为的示范作用研究

西安交通大学人口与发展研究所于2001年5月在安徽省巢湖市农村地区进行了"安徽老年人生活状况"抽样问卷调查,并在2003年11月、2006年12月、2009年6月进行了三次跟踪调查。利用调查数据,对孝文化观念下的农村家庭中子女养老行为之间的相互影响进行实证研究。研究发现,兄弟姐妹间的养老行为存在示范作用,并对老年人获得子女供养的状况有重要影响。结果表明,无论经济支持还是生活照料,兄弟姐妹分担程度越高,子女个体越有可能提高对老年父母的支持;而子女的分担程度越高,老年父母获得的经济支持和生活照料越多。     

Costs and benefits of children: implications for population policy

Family size preferences are strongly affected by parents' perceptions of the value, economic contributions, and costs of children. Better understanding of these factors can help policy-makers to improve the effectiveness of population IEC campaigns, design strategies to persuade couples to have smaller families, assess the relationship between economic development and family size preferences, and devise national population policies and family planning programs that reflect individual choices. Parents in high-fertility countries are more likely to perceive children as productive investments than those in low-fertility countries. Parents in the former countries maintain children are an economic advantage or provide practical assistance in the household; they are less likely to emphasize the psychological advantages of children. As economic development occurs, and parents no longer value children for their economic contributions, psychological and social reasons become more important. Changing fertility preferences is more complex than providing couples with family planning services. Similarly, efforts to persuade families that large families are a burden are successful only when families are already interested in reducing their family size. Efforts to persuade couples to have smaller families are likely to be more successful if there are alternative sources of old-age support available, for example, from increased household savings, public or private pensions, or greater contributions from 1st and 2nd children. Investments in education and training, especially for women and children, would also support these goals.     

Happiness and altruism within the extended family

We propose a direct measure of altruism between parents and adult children, using survey data on happiness from the German Socio-Economic Panel for the years 2000–2004. The question of altruism within families has policy relevance, for example, to understand whether public transfers crowd out private ones. Previous empirical evidence, based on observed transfer behavior, has failed to establish a clear consensus. Using various cross section, panel data, and instrumental variable estimators, we find a robust association between the happiness of parents and that of their adult children. A 1 standard deviation increase in a child’s happiness is associated with the same increase in own happiness as that of a 20–45% increase in household income, depending on specification.     

Mobility, information, and bequest: The “other side” of the equal division puzzle

There is substantial evidence that parental bequests to children are typically equal in the US—a regularity inconsistent with the predictions of standard bequest models. The prior explanation for this puzzle is parents’ desire to signal equal affection given children’s incomplete information of parental preferences. However, parents also have incomplete information regarding children preferences—which has not been considered. Using a strategic bequest framework, we show that when parents have sufficient uncertainty regarding children’s relocation returns, a separating equilibrium where parents reward attentive heirs with larger bequests is precluded. Such uncertainty appears consistent with conditions in the contemporary USA.     

Parental marital disruption and intergenerational transfers: An analysis of lone elderly parents and their children

Although one of the most marked demographic trends observed over the twentieth century is the increased rate of divorce, relatively little research has explored the effects of these changing marital patterns in the context of an aging society. Using a sample of lone elderly parents and their adult children, we analyze the direct and indirect effects of marital disruption on four important dimensions of intergenerational transfers: coresidence, financial assistance, adult children's provision of informal care, and parental purchase of paid care. Our findings suggest that divorce has deleterious effects on intergenerational transfers, particularly for elderly fathers. Remarriage further reduces exchange. Our results reveal that parents engage in lower levels of transfers with stepchildren relative to biological children. Moreover, intergenerational transfers are sensitive to characteristics of biological children but not to those of stepchildren. Taken together, these results suggest that exchange at the end of the life course continues to be adversely affected by marital disruption.     

Parental retirement timing: the role of unanticipated events in the lives of adult children

Although anecdotal evidence of older parents postponing retirement to financially support their grown children is common, the empirical evidence is scarce. In this paper, we use data from the 1992 to 2010 waves of the Health and Retirement Study to identify a broad set of pivotal events in the lives of adult children. First, we determine whether these events affect subsequent financial transfers from parents to children over multiple years. Next, we determine whether those events that result in subsequent transfers also shift parental retirement expectations. Finally, we quantify the impact of the unexpected children’s events on retirement realizations, moving beyond the correlational analyses in prior literature. Our findings show that a child’s move out of a parental home decreases both expectations and realizations of working after age 65. The magnitude of this effect is similar to that of an own health shock experienced during pre-retirement years.     

Time? money? both? the allocation of resources to older Parents

We provide estimates of a reduced-form model of the allocation of household time and money resources. We consider four demands for these resources: time spent working, time spent providing care for noncoresident elderly parents, time spent performing housework, and monetary transfers to noncoresident elderly parents. We focus on the effects of wage rates and parental characteristics on the allocation decisions of adult children and their households concerning these four demands. We find that households with individuals earning high wages rely relatively more on cash transfers and relatively less on time transfers than do lower-wage households. We also find evidence consistent with an unmeasured tendency of some families to provide multiple sources of support.     

Motives for interqenerational transfers: Evidence from Malaysia

In this paper we discuss a number of hypotheses about motives for intergenerational transfers within the family. We use data on time and money transfers between generations in Malaysia, where there is neither Social Security nor Medicare, to explore these hypotheses empirically. We find evidence supporting the hypotheses that children are an important source of old age security and that old age security is, in part, children s repayment for parental investments in their education. This repayment is partly a function of the children’s in come and, in the case of females, a function of their spouse’s in come. We also find evidence supporting the hypotheses that parents and children engage in the exchange of time help for money.