Arbeitspapier

Fertility Cost, Intergenerational Labor Division, and Female Employment

China has set to increase the minimum retirement age, to ease the pressure from pension expenditure and the falling labor supply caused by the aging population. However, policy debates have so far neglected the crucial fact that families in China largely rely on retired grandparents for childcare. Using novel and high-quality survey data, we demonstrate that intra-family downward labor transfer towards childcare significantly increases young females’ labor force participation rate and their labor income, and such effects do not exist for males. Furthermore, we show that the positive effects from grandparental childcare are higher for better-educated, urban females with younger children. This paper thus reveals a large, hidden cost in the new retirement policy — the reduced feasibility of grandparental support, due to postponed retirements, may crowd out productive labor of young females, — and rationalizes a series of social protection policies to accompany the phase-in of the new retirement scheme.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 7293

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
Fertility; Family Planning; Child Care; Children; Youth
Time Allocation and Labor Supply
Thema
intergenerational labor division
grandparental childcare
female employment
human capital accumulation
minimum retirement age

Ereignis
Geistige Schöpfung
(wer)
Yu, Haiyue
Cao, Jin
Kang, Shulong
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Yu, Haiyue
  • Cao, Jin
  • Kang, Shulong
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2018

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