Article1997

Private monetary transfers in rural china: Are families altruistic?

110 citations0/0 files storedThe Journal of Development Studies

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Intergenerational Family Dynamics and Caregiving China's Socioeconomic Reforms and Governance Migration and Labor Dynamics

Abstract

Monetary transfers between relatives may be motivated by altruism, or they may represent payments for services rendered. Data from a large 1988 household survey are used to test these hypotheses and to study the size and direction of transfers in rural China. The analysis suggests that altruism alone cannot explain the observed transfers and that exchange may be involved. Most of the money flows appear to be transfers from adult children to elderly parents and remittances from migrants. Child care is likely to be one of the main services that parents render to adult children in exchange for money.

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References

1991A Treatise on the Family 1987Gender and power 1974A Theory of Social Interactions 1974A Theory of Social Interactions 1985Motivations to Remit: Evidence from Botswana 1987Motives for Private Income Transfers 1994Intergenerational Transfers and the Accumulation of Wealth 1992Inter-Vivos Transfers and Intergenerational Exchange

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2007Chapter 58 Extended Family and Kinship Networks: Economic Insights and Evolutionary Directions

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