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Monetary Transfers from Children and the Labour Supply of Elderly Parents: Evidence from Vietnam

Nguyen, Ha Trong; Liu, Yuk Chu (Amy); Booth, Alison

Description

In the absence of a broad-based pension scheme, the elderly in developing countries may rely on monetary transfers made by their children and on their own labour supply. This article examines whether monetary transfers from children help to reduce elderly parents' need to work. Taking the possible endogeneity of children's transfers in the parents' labour supply into account and using maximum likelihood methods and Vietnamese data, we find that monetary transfers help the elderly cope with...[Show more]

CollectionsANU Research Publications
Date published: 2012
Type: Journal article
URI: http://hdl.handle.net/1885/38194
Source: Journal of Development Studies
DOI: 10.1080/00220388.2012.704365

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