Monetary transfers from children and the labour supply of elderly parents: Evidence from Vietnam
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 possi...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Routledge
2012
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| Online Access: | http://hdl.handle.net/20.500.11937/46464 |
| _version_ | 1848757565110878208 |
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| author | Nguyen, Ha Liu, A. Booth, A. |
| author_facet | Nguyen, Ha Liu, A. Booth, A. |
| author_sort | Nguyen, Ha |
| building | Curtin Institutional Repository |
| collection | Online Access |
| 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 risks associated with old age or illness. At the same time, however, monetary transfers are not sufficient to fully substitute for parents' labour supply. |
| first_indexed | 2025-11-14T09:30:07Z |
| format | Journal Article |
| id | curtin-20.500.11937-46464 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T09:30:07Z |
| publishDate | 2012 |
| publisher | Routledge |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-464642018-03-29T09:06:50Z Monetary transfers from children and the labour supply of elderly parents: Evidence from Vietnam Nguyen, Ha Liu, A. Booth, A. 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 risks associated with old age or illness. At the same time, however, monetary transfers are not sufficient to fully substitute for parents' labour supply. 2012 Journal Article http://hdl.handle.net/20.500.11937/46464 10.1080/00220388.2012.704365 Routledge restricted |
| spellingShingle | Nguyen, Ha Liu, A. Booth, A. Monetary transfers from children and the labour supply of elderly parents: Evidence from Vietnam |
| title | Monetary transfers from children and the labour supply of elderly parents: Evidence from Vietnam |
| title_full | Monetary transfers from children and the labour supply of elderly parents: Evidence from Vietnam |
| title_fullStr | Monetary transfers from children and the labour supply of elderly parents: Evidence from Vietnam |
| title_full_unstemmed | Monetary transfers from children and the labour supply of elderly parents: Evidence from Vietnam |
| title_short | Monetary transfers from children and the labour supply of elderly parents: Evidence from Vietnam |
| title_sort | monetary transfers from children and the labour supply of elderly parents: evidence from vietnam |
| url | http://hdl.handle.net/20.500.11937/46464 |