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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/10013039768
We argue that the demographic changes caused by the one child policy (OCP) may not harm China's long-term growth. This … attributes to the higher human capital induced by the intergenerational transfer arrangement under China's poor … of schooling rather than 8.1). Our model sheds new light on the prospects of China's long-term growth by emphasizing the …
Persistent link: https://www.econbiz.de/10013079768