The retirement migration puzzle in China

S Chen, Z Jin, K Prettner - Available at SSRN 3526088, 2020 - papers.ssrn.com
Available at SSRN 3526088, 2020papers.ssrn.com
We examine whether and how retirement affects migration decisions in China. Using a
regression discontinuity (RD) design approach, combined with a nationally representative
sample of 228,855 adults aged between 40 and 75, we find that retirement increases the
probability of migration by 12.9 pp. Approximately 38% of the total migration effects can be
attributed to inter-temporal substitution (delayed migration). Retirement-induced migrants
are lower-educated and have restricted access to social security. Household-level migration …
Abstract
We examine whether and how retirement affects migration decisions in China. Using a regression discontinuity (RD) design approach, combined with a nationally representative sample of 228,855 adults aged between 40 and 75, we find that retirement increases the probability of migration by 12.9 pp. Approximately 38% of the total migration effects can be attributed to inter-temporal substitution (delayed migration). Retirement-induced migrants are lower-educated and have restricted access to social security. Household-level migration decisions can reconcile different migration responses across gender. Retirees migrate for risk sharing and family protection mechnisms, reducing market production of their families in the receiving households.
papers.ssrn.com
以上显示的是最相近的搜索结果。 查看全部搜索结果