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摘要翻译：
发展中国家的人口老龄化刺激了公共养老金项目的引入，以保持老年人的生活水平。然而，经常被忽视的代际转移机制可能会削弱这些预期的政策效果，因为向父母提供收入贡献的成年子女可以根据父母收入的变化调整自己的行为。利用中国独特的政策干预，我们使用差异中差异(DDD)方法来研究新的养老金计划如何影响内部转移。我们发现，在一个中等收入大国的背景下，养老金福利降低了从成年子女那里接受转移的倾向，我们还估计了一个小的挤出效应。总的来说，这些估计符合高收入国家以前的研究模式，尽管我们对排挤效应的估计比高收入和中等收入国家以前的研究都要小得多。
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英文标题：
《Do Private Household Transfers to the Elderly Respond to Public Pension
Benefits? Evidence from Rural China》
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作者：
Plamen Nikolov, Alan Adelman
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最新提交年份：
2020
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分类信息：
一级分类：Economics 经济学
二级分类：General Economics 一般经济学
分类描述：General methodological, applied, and empirical contributions to economics.
对经济学的一般方法、应用和经验贡献。
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一级分类：Quantitative Finance 数量金融学
二级分类：Economics 经济学
分类描述：q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学，包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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英文摘要：
Ageing populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects as adult children who make income contributions to their parents could adjust their behavior to changes in their parents' income. Exploiting a unique policy intervention in China, we examine using a difference-in-difference-in-differences (DDD) approach how a new pension program impacts inter vivos transfers. We show that pension benefits lower the propensity of receiving transfers from adult children in the context of a large middle-income country and we also estimate a small crowd-out effect. Taken together, these estimates fit the pattern of previous research in high-income countries, although our estimates of the crowd-out effect are significantly smaller than previous studies in both high-income and middle-income countries.
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PDF链接：
https://arxiv.org/pdf/2006.01185
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