Money for him but books for her: The impact of children's gender and adulthood on household savings in China

Jianan Liu and Jijian Fan

Economics Letters, 2024, vol. 237, issue C

Abstract: We examine the impact of chilren's gender and adulthood on household savings decisions in the context of China's demographic transition. Using a nationwide survey dataset, we find that the positive correlation between sons and savings can be attributed to greater investment in education for adult daughters. This result is mainly driven by low-educated and uninsured families. This paper emphasizes the source of gender differences in intra-household resource allocation and sheds light upon the trade-off between savings and human capital investments for offsprings.

Keywords: Household savings; Human capital investments; Educational spending; Gender difference; China (search for similar items in EconPapers)
JEL-codes: G51 I22 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:237:y:2024:i:c:s0165176524001575

DOI: 10.1016/j.econlet.2024.111674

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