Volume 43 - Article 8 | Pages 183–216
Life course and cohort effects on Chinese parents' investments in their children
|Date received:||21 Jan 2020|
|Date published:||24 Jul 2020|
|Keywords:||age at parity, cohort effects, educational investment, fertility, life course|
|Weblink:||You will find all publications in this Special Collection on Life-Course Decisions of Families in China here.|
Background: How parents’ age at the birth of their children (age at parity) affects their investments in the children has not been explored previously.
Objective: We examine the effect of parents’ age at parity on the investments in their children by disentangling the overall effect into life-course effect and cohort effect.
Methods: Using the 2017 wave of the Chinese Household Finance Survey, we conduct a cross-sectional regression analysis to separately estimate the life-course effect and the cohort effect.
Results: We find a positive relationship between parents’ age at parity and investments in their children and a negative relationship between parents’ current age and investments. We also find a negative relationship between investments and parents' age interacted with their age at parity.
Conclusions: Parents who gave birth at an older age and those from a younger cohort on average invest more in their children, both financially and in time. Older parents spending more on their children suggests that financial constraints may be another channel, in addition to a biological one, through which having a child at a later age limits total fertility.
Contribution: Delay in age at parity and increase in parental investment in children are two prominent social phenomena in many parts of the world. The positive link we find between them suggests that these phenomena, which are often cited as important contributors to the decline in the total fertility rate in many nations, may be reinforcing each other.
Jingye Shi - Southwestern University of Finance and Economics, China
Bing Xu - Southwestern University of Finance and Economics, China
Yi Wei - Peking University, China
Other articles by the same author/authors in Demographic Research
Introduction to the special collection on life course decisions of families in China
Volume 43 - Article 5
Most recent similar articles in Demographic Research
Union formation and fertility amongst immigrants from Pakistan and their descendants in the United Kingdom: A multichannel sequence analysis
Volume 48 - Article 10 | Keywords: fertility, life course
Transitions to partnership and parenthood: Is China still traditional?
Volume 43 - Article 6 | Keywords: fertility, life course
The sex preference for children in Europe: Children’s sex and the probability and timing of births
Volume 48 - Article 8 | Keywords: fertility
Solo living in the process of transitioning to adulthood in Europe: The role of socioeconomic background
Volume 48 - Article 3 | Keywords: life course
Parental status homogeneity in social networks: The role of homophilous tie selection in Germany
Volume 48 - Article 2 | Keywords: fertility
Cited References: 30
»View the references of this article
Download to Citation Manager