Money and mental health: The impact of intergenerational transfers on elderly people in China

被引：1

作者：

Appleton, Simon ^{[1
]}

Huang, Jinying ^{[2
]}

Lou, Xuyan ^{[2
]}

Zhou, Minghai ^{[3
]}

机构：

[1] Univ Nottingham, Sch Econ, Univ Pk, Nottingham, NG7 2RD, England

[2] Univ Nottingham, Sch Econ, 199 Taikang East Rd, Ningbo 315100, Peoples R China

[3] Zhejiang Univ, Sch Econ, Hangzhou, Peoples R China

来源：

HEALTH ECONOMICS | 2024年 / 33卷 / 11期

关键词：

China; depression; elderly people; intergenerational transfers; RETIREMENT-CONSUMPTION PUZZLE; LIVING ARRANGEMENTS; DEPRESSIVE SYMPTOMS; RURAL CHINA; SOCIAL SUPPORT; OLDER-PEOPLE; SHORT-FORM; PARENTS; ADULTS; CARE;

D O I：

10.1002/hec.4887

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Using three waves of the China Health and Retirement Longitudinal Study, this paper examines whether financial transfers from adult children to elderly parents affect the latter's mental health. Both OLS and instrumental variable (IV) estimates show that financial transfers significantly attenuate depressive symptoms of elderly individuals, with a much larger size of the IV estimates. We also examine the income and cultural channels through which intergenerational transfers work and further discuss the explanatory powers of these two channels through a decomposition analysis. The results suggest the cultural channel accounts for a larger proportion of the financial transfer effect. This means that the unique beneficial impact of intergenerational financial transfers on the mental health of older adults cannot be fully substituted in the foreseeable future.

引用

页码：2645 / 2670

页数：26

共 53 条

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