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An open question in the literature is whether families compensate or reinforce the impact of child health shocks. Discussions usually focus on one dimension of child investment. This paper examines multiple dimensions using household survey data on Chinese child twins whose average age is 11. We...
Persistent link: https://www.econbiz.de/10010457824
This study finds that China's one-child policy (OCP), one of the most extreme forms of birth control in recorded … history, has amplified economic inequality across generations in China since its introduction in 1979. Poor Chinese families …
Persistent link: https://www.econbiz.de/10012270899
We study the role of risk aversion underlying son preference in patriarchal societies, where sons serve as better insurance for old-age support than daughters. The implications of an insurance motive on son preference are two-fold. First, prior to the birth of their children, more risk-averse...
Persistent link: https://www.econbiz.de/10011607570