Monetary Transfers from Children and the Labour Supply of Elderly Parents: Evidence from Vietnam
نویسندگان
چکیده
منابع مشابه
Monetary transfers from children and the labour supply of elderly parents: evidence from Vietnam
In the absence of a broad-based pension scheme, the elderly in developing countries may rely on monetary transfers made by their children and on their own labour supply. This paper examines whether monetary transfers from children help to reduce elderly parents’ need to work. Taking the possible endogeneity of children’s transfers in the parents’ labour supply into account and using maximum lik...
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Intergenerational private transfers as a component of intergenerational relations, defined as exchang of financial and nonfinancial rsources between different generations in the family. Financial transfers are known as supply of lifeycle deficit in the old and young ages and an important factor to fullfill needs in these stages of lifecycle. The aim of the study is to recognize composition of f...
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In this paper we argue that the strategic interaction between the labor supply decision of the elderly and private transfers from their children lowers the opportunity cost of leisure of the elderly. This in turn magnifies the crowding-out effect of public pensions on the labor supply of the elderly. We show that this mechanism has implications for evaluating the crowding-out effect of public p...
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ژورنال
عنوان ژورنال: Journal of Development Studies
سال: 2012
ISSN: 0022-0388,1743-9140
DOI: 10.1080/00220388.2012.704365