Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 6, 2023 erstellt
Description:
This paper identifies how parental health shocks lead to long-term gender-specific penalty on adult children's employment in China. Firstly, we build up an inter-temporal cooperative framework to understand household work decisions in response to parental health deterioration. We then employ an event-study approach to provide causal evidence on the effects of parental health shocks on adult children's labor supply. The results reveal that there is no significant change in male employment following a shock, whereas the employment rate of female experiences a notable decline. This negative impact shows no abatement up to subsequent eight years that are observable by our sample. These findings indicate the consequence of "growing old before getting rich" for developing countries