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Article: Parental repayment hypothesis in intergenerational financial transfers from adult children to elderly parents: Evidence from Hong Kong

TitleParental repayment hypothesis in intergenerational financial transfers from adult children to elderly parents: Evidence from Hong Kong
Authors
Issue Date2008
PublisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/03601277.asp
Citation
Educational Gerontology, 2008, v. 34 n. 9, p. 788-799 How to Cite?
AbstractThis study examined financial transfers from adult children to non-co-resided elderly parents in Hong Kong, and it tested the parental repayment hypothesis regarding motives for transfers. Specifically, the research question is whether financial transfers are a function of the education or earning capacity of adult children. Based on data from a representative sample of adult children who provided financial support to their elderly parents aged 60 and above, we used multiple regression models to identify the correlates of the amount of transfers from children to their mother or father living apart. We found evidence supporting the parental repayment hypothesis, that providing security in old age is the children's repayment for parental investment in their education. There is only a weak relation between the number of children and the transfers. This calls into question common assumptions about the extent to which a decline in fertility poses a threat to the extent of familial support of older persons in the coming decades.
Persistent Identifierhttp://hdl.handle.net/10722/59777
ISSN
2015 Impact Factor: 0.429
2015 SCImago Journal Rankings: 0.298
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorChou, KLen_HK
dc.date.accessioned2010-05-31T03:57:15Z-
dc.date.available2010-05-31T03:57:15Z-
dc.date.issued2008en_HK
dc.identifier.citationEducational Gerontology, 2008, v. 34 n. 9, p. 788-799en_HK
dc.identifier.issn0360-1277en_HK
dc.identifier.urihttp://hdl.handle.net/10722/59777-
dc.description.abstractThis study examined financial transfers from adult children to non-co-resided elderly parents in Hong Kong, and it tested the parental repayment hypothesis regarding motives for transfers. Specifically, the research question is whether financial transfers are a function of the education or earning capacity of adult children. Based on data from a representative sample of adult children who provided financial support to their elderly parents aged 60 and above, we used multiple regression models to identify the correlates of the amount of transfers from children to their mother or father living apart. We found evidence supporting the parental repayment hypothesis, that providing security in old age is the children's repayment for parental investment in their education. There is only a weak relation between the number of children and the transfers. This calls into question common assumptions about the extent to which a decline in fertility poses a threat to the extent of familial support of older persons in the coming decades.en_HK
dc.languageengen_HK
dc.publisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/03601277.aspen_HK
dc.relation.ispartofEducational Gerontologyen_HK
dc.titleParental repayment hypothesis in intergenerational financial transfers from adult children to elderly parents: Evidence from Hong Kongen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0360-1277&volume=34&spage=788&epage=799&date=2008&atitle=Parental+Repayment+Hypothesis+in+Intergenerational+financial+transfers+from+adult+children+to+elderly+parents:+Evidences+from+Hong+Kongen_HK
dc.identifier.emailChou, KL: klchou@hku.hken_HK
dc.identifier.authorityChou, KL=rp00583en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1080/03601270802095972en_HK
dc.identifier.scopuseid_2-s2.0-49949110994en_HK
dc.identifier.hkuros159447en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-49949110994&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume34en_HK
dc.identifier.issue9en_HK
dc.identifier.spage788en_HK
dc.identifier.epage799en_HK
dc.identifier.isiWOS:000258624200004-
dc.publisher.placeUnited Statesen_HK
dc.identifier.scopusauthoridChou, KL=7201905320en_HK

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