Asset or burden? Impact of children on parents' retirement

被引:2
作者
Jeong, Su Yeon [1 ]
Kim, Jinyoung [2 ,3 ]
机构
[1] Human Resources Dev Serv Korea, 345 Jongga Ro, Ulsan 44538, South Korea
[2] Korea Univ, 145 Anam Ro, Seoul 02841, South Korea
[3] IZA, 145 Anam Ro, Seoul 02841, South Korea
关键词
Retirement; Quantity and quality of children; Old-age support; LABOR-FORCE PARTICIPATION; SOCIAL-SECURITY; TWIN BIRTHS; INVESTMENTS; TRANSFERS; DECISION; HEALTH; MODEL;
D O I
10.1016/j.asieco.2020.101251
中图分类号
F [经济];
学科分类号
02 ;
摘要
If parents receive financial support in retirement from their children, having more children with higher earning power may expedite their retirement. On the other hand, retirement may be delayed if parents are burdened with educational expenses for children. We empirically investigate how the quantity and the education of children influence their parents' retirement decisions. Due to the endogeneity of childrearing in the retirement decision, we employ the instrumental variable method with twin births and child deaths as instruments. We find that parents retire earlier when they have more children and better educated children and they receive a significant amount of transfers from children. (C) 2020 Elsevier Inc. All rights reserved.
引用
收藏
页数:14
相关论文
共 50 条
  • [31] Dimming down in retirement: the impact of retirement on energy expenditure
    Atalay, Kadir
    Burkovskaya, Anastasia
    [J]. APPLIED ECONOMICS, 2024,
  • [32] Caregiver Burden, Parenting Stress and Coping Strategies: The Experience of Parents of Children and Adolescents with Osteogenesis Imperfecta
    Aratti, Alice
    Zampini, Laura
    [J]. HEALTHCARE, 2024, 12 (10)
  • [33] The Caregiver Burden Inventory as a sleep disturbance screening tool for parents of children with autism spectrum disorder
    Ortiz-Rubio, Araceli
    Torres-Sanchez, Irene
    Cabrera-Martos, Irene
    Rodriguez-Torres, Janet
    Lopez-Lopez, Laura
    Prados-Roman, Esther
    Carmen Valenza, Marie
    [J]. JOURNAL OF PEDIATRIC NURSING-NURSING CARE OF CHILDREN & FAMILIES, 2021, 61 : 166 - 172
  • [34] Retirement, confucian culture, and household financial asset allocation for older adults
    Liu, Chenyingzi
    Zhang, Lei
    [J]. INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2024, 95
  • [35] "Care That Matters": Family-Centered Care, Caregiving Burden, and Adaptation in Parents of Children With Cancer
    Crespo, Carla
    Santos, Susana
    Tavares, Ana
    Salvador, Agata
    [J]. FAMILIES SYSTEMS & HEALTH, 2016, 34 (01) : 31 - 40
  • [36] Evaluation of psychometric properties of the caregiver burden inventory in parents of iranian children suffering from cancer
    Mohammadi, Fateme
    Rakhshan, Mahnaz
    Houshangian, Marjan
    Kyle, Hazel
    [J]. NURSING AND MIDWIFERY STUDIES, 2020, 9 (02) : 102 - 109
  • [37] Economic impact of retirement on the elderly population: a literature review
    Huang, Wei
    [J]. CHINA ECONOMIC JOURNAL, 2024,
  • [38] The impact of capitalist-led neoliberal agenda's on parents and their children
    Sanders, Rachael
    [J]. CHILDREN AUSTRALIA, 2020, 45 (02) : 101 - 108
  • [39] Kawasaki Disease With Coronary Artery Aneurysms: Psychosocial Impact on Parents and Children
    Chahal, Nita
    Jelen, Ahlexxi
    Rush, Janet
    Manlhiot, Cedric
    Boydell, Katherine M.
    Sananes, Renee
    McCrindle, Brian W.
    [J]. JOURNAL OF PEDIATRIC HEALTH CARE, 2017, 31 (04) : 459 - 469
  • [40] The Impact of Menu Labeling on Fast-Food Purchases for Children and Parents
    Tandon, Pooja S.
    Zhou, Chuan
    Chan, Nadine L.
    Lozano, Paula
    Couch, Sarah C.
    Glanz, Karen
    Krieger, James
    Saelens, Brian E.
    [J]. AMERICAN JOURNAL OF PREVENTIVE MEDICINE, 2011, 41 (04) : 434 - 438