Author(s)

Peixiang He ¹

Affiliation(s)

¹ School of Insurance and Economics, University of International Business and Economics, Chaoyang District, Beijing, China

Corresponding Author

Peixiang He

ABSTRACT

The common problem of "excessive labor participation" among the elderly in China will affect the quality of life of the elderly and their families, as well as the level of social welfare. Based on the data of China Family Panel Studies (CFPS) of Peking University in 2014, 2016 and 2018, this paper empirically tests whether the presence of unmarried adult children in the family will lead to a significant increase in the probability of elderly parents participating in the labor force. The results show that the presence of unmarried adult children will increase the probability of elderly parents participating in the labor force by 3.7% on average. Heterogeneity analysis shows that children's marriage has a greater impact on parents with low education level, and the impact of unmarried children on the labor supply decision of elderly women is greater than that of elderly men. Therefore, alleviating the marriage pressure of young people will significantly improve the welfare level of the elderly. Making the elderly enter the labor market voluntarily because of good working conditions, satisfying salaries and the realization of their own value.

KEYWORDS

Unmarried children, Intergenerational support, Labor supply decision

CITE THIS PAPER

Peixiang He, Unmarried Children and Labor Supply Decisions of Elderly Parents. Social Security and Administration Management (2023) Vol. 4: 1-7. DOI: http://dx.doi.org/10.23977/socsam.2023.040601.

REFERENCES

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