Intergenerational Contracts and Female Labor Supply

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主讲人	岳阳	简介	<div>This article examines the effects of intergenerational relationships on supply of female labor across the life cycle. I begin by developing a non-altruistic dynamic contract model, which uses economic benefits to sustain such relationships in the face of long-term incentive problems. I then estimate the parameters of the model using Chinese household survey data. Based on the model, I quantify the effects of the relationships on household economic behaviors. I find that intergenerational relationships increase the labor supply of young females by 32% and increase old households' savings by 13%. My policy experiments check the spillover effects of intergenerational relationships on policy outcomes. I find that delaying the retirement age reduces the labor supply of young females and that raising inheritance taxes increases the savings of older households. The results indicate that intergenerational relationships have significant effects on households' economic decisions and important implications for public policy.</div>
时间	2018-11-28(Wednesday)16:40-18:00	地点	D235
讲座语言	中文	主办单位	经济学院、王亚南经济研究院
承办单位	经济研究所	类型	系列讲座
联系人信息		主持人	蔡伟贤
专题网站		专题
主讲人简介	<p>Assistant Professor at Institute of Economics, School of Economics, and Wang Yanan Institute for Studies in Economics (WISE),Xiamen University, from September 2017</p>	期数	WISE-SOE双周青年论坛2018秋季学期第二讲（总第82讲）

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