New rural pension scheme, intergenerational interaction and rural family human capital investments.

ABSTRACT:

Introduction

The new rural pension scheme (NRPS) can improve the quality of life for rural older adult individuals; however, can it have a spillover effect on rural household human capital investments through intergenerational interactions?

Methods

Based on data from the China Family Panel Studies (CFPS) in 2010, 2012, 2014, 2016, and 2018 and from the perspective of intergenerational interactions, the spillover effect and influencing mechanism of the new rural insurance policy on rural household human capital investments are empirically tested.

Results

The results show that the participation of families in the new rural insurance policy can significantly promote the human capital investments of rural families, and they are robust. Moreover, the spillover effect of th

SUBMITTER: Fan L 

PROVIDER: S-EPMC10682713 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature