Show simple item record

dc.contributor.authorYu, Haiyue
dc.contributor.authorCao, Jin
dc.contributor.authorKang, Shulong
dc.description.abstractChina 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 intrafamily 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.nb_NO
dc.publisherNorges Banknb_NO
dc.relation.ispartofseriesWorking Paper;3/2019
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internasjonal*
dc.subjectJEL: C240nb_NO
dc.subjectJEL: J130nb_NO
dc.subjectJEL: J220nb_NO
dc.subjectintergenerational labor divisionnb_NO
dc.subjectgrandparental childcarenb_NO
dc.subjectfemale employmentnb_NO
dc.subjecthuman capital accumulationnb_NO
dc.subjectminimum retirement agenb_NO
dc.titleFertility Cost, Intergenerational Labor Division, and Female Employmentnb_NO
dc.typeWorking papernb_NO
dc.subject.nsiVDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212nb_NO

Files in this item


This item appears in the following Collection(s)

Show simple item record

Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal