Estimating heterogeneity of fecundity among Chinese couples
In: Working papers in economics and econometrics 208
In: Econometrics
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In: Working papers in economics and econometrics 208
In: Econometrics
In: Working papers in economics and econometrics 189
In: Econometrics
In: Journal of labor economics: JOLE, Band 19, Heft 3, S. iv-iv
ISSN: 1537-5307
In: Economic Development and Cultural Change, Band 43, Heft 1, S. 67-90
ISSN: 1539-2988
In: Journal of political economy, Band 102, Heft 1, S. 187-193
ISSN: 1537-534X
In: Journal of political economy, Band 102, Heft 1, S. 187
ISSN: 0022-3808
In: The Canadian Journal of Economics, Band 26, Heft 1, S. 222
In: Journal of development economics, Band 165, S. 103149
ISSN: 0304-3878
SSRN
SSRN
Working paper
In: The economic journal: the journal of the Royal Economic Society, Band 130, Heft 632, S. 2497-2525
ISSN: 1468-0297
Abstract
Do parents forge children's preference for old-age support? Becker (1993) conjectures that the inculcation of filial piety increases parents' investment in children's human capital. We provide the first empirical evidence on parents' instilling of filial piety in children, by combining the natural experiment of twins with China's One-Child Policy to obtain exogenous variations in children's gender composition. Among the different models of filial-piety inculcation, our empirical results favour a Beckerian model of altruism inculcation in which parents solicit support from the child with a higher earnings endowment.
In: Journal of development economics, Band 135, S. 222-234
ISSN: 0304-3878
SSRN
Working paper
In: Journal of development economics, Band 135, S. 222-234
ISSN: 0304-3878
World Affairs Online
In: Pacific economic review, Band 21, Heft 2, S. 227-252
ISSN: 1468-0106
AbstractThis study conducts a long‐run analysis on the trends and components of Chinese saving rates from 1953 to 2012. We identify two structural changes in aggregate saving rates around 1978 and 2001, and examine them through a decomposition analysis of the income distribution and sector‐specific saving rates. The following key findings are obtained. First, the major trends and compositions of Chinese saving rates changed markedly over the period considered, which explains the changes of aggregate saving rates with the dramatic economic transition from a planned economy to a market‐oriented economy. Second, we investigate the surge in aggregate saving rates from 2001 to 2012 based on a series of institutional factors, such as the evolving labour market, domestic economic policy adjustments and changes in external economic conditions caused by China's accession to the World Trade Organization in 2001 and the 2008 global financial crisis. Finally, we present the future prospects for the high aggregate saving rates in China based on several evolving economic, demographic and policy trends. We argue that Chinese saving rates have peaked in recent years and that a declining trend is expected, which will contribute to the economic rebalancing of the country.