论文标题
私人家庭向老年人转移是否应对公共养老金福利？来自中国农村的证据
Do Private Household Transfers to the Elderly Respond to Public Pension Benefits? Evidence from Rural China
论文作者
论文摘要
发展中国家的老龄化人口促使人们引入了公共养老金计划，以维护老年人的生活水平。但是，经常被忽视的代际转移机制可能会削弱这些预期的政策影响，因为成年子女对父母的收入贡献可以调整其行为，以使父母收入的变化。利用在中国的独特政策干预措施时，我们使用差异差异（DDD）方法研究了新的养老金计划如何影响体内的转移。我们表明，在大型中等收入国家的背景下，养老金受益降低了从成年子女接收转移的倾向，我们还估计有很小的人群效应。综上所述，这些估计值符合高收入国家的先前研究模式，尽管我们对人群效应的估计明显小于在高收入和中等收入国家的先前研究。
Ageing populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects as adult children who make income contributions to their parents could adjust their behavior to changes in their parents' income. Exploiting a unique policy intervention in China, we examine using a difference-in-difference-in-differences (DDD) approach how a new pension program impacts inter vivos transfers. We show that pension benefits lower the propensity of receiving transfers from adult children in the context of a large middle-income country and we also estimate a small crowd-out effect. Taken together, these estimates fit the pattern of previous research in high-income countries, although our estimates of the crowd-out effect are significantly smaller than previous studies in both high-income and middle-income countries.
