A Matching Model of Co-Residence with a Family Network: Empirical Evidence from China

• 成果类型: Article
• 署名作者: Guo, Naijia; Xia, Xiaoyu; Zhang, Junsen
• 署名单位: Chinese University of Hong Kong; University of Essex; Zhejiang University
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1093/ej/ueac043
• 发表日期: 2022
• 页码: 2873-2917
• 关键词: long-term-care; living arrangements; Child-care; elderly parents; MARKET; coresidence; transfers; women; work

摘要

We develop a co-residence model between young adults and the elderly as an application of the Shapley-Shubik-Becker bilateral matching framework. This model captures competition between adult children and between parents and parents-in-law. Using microdata from China, we estimate our model by using a network simulation method to fill in partially unobservable marriage links. We find that our model explains the child-side and parent-side competitions observed in the data better than two alternative multinomial logit models with only one-sided competition. In addition, counterfactual experiments quantify the effects of changes in the one-child policy and housing prices on intergenerational co-residence.