Title of Lecture: The Impacts of Children on Chinese Household Asset Holdings: An Intra-household Approach
Time: 11:00-12:30, Thursday, 18 November 2021
Venue: Conference Room 119, Wenqin Building / Tencent Meeting ID: 580 288 486
Moderator: Dr. Gao Sihan
Presenter: Dr. Zhang Fan
  Dr. Zhang Fan is a full-time researcher at IIDPF, with research interests in income distribution, development economics, experimental economics, and household decision-making.
Abstract:
  This paper examines whether there is unequal treatment of boys and girls when parents make decisions about investing in household assets. Using the Chinese Family Panel Survey, we use Working-Lesser functions to investigate the effect of household population composition by gender and age on changes in asset holdings. The results indicate that traditionally designated family obligation towards sons may have led parents to put money into the more secured and longer lasting type of assets. Since adult daughters, largely, are not the responsibility of their own parents, families are more likely to hold more liquid assets. Gender biases in asset allocation have implications on household wealth levels and intergenerational wealth transfers, and hence on gender equity in socio-economic status.