Chapter

Parental Transfers and Child Feedbacks

C. Y. Cyrus Chu and Ruoh‐Rong Yu

in Understanding Chinese Families

Published in print December 2009 | ISBN: 9780199578092
Published online February 2010 | e-ISBN: 9780191722424 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199578092.003.0011
Parental Transfers and Child Feedbacks

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Since the type of intergenerational transfers in the mainstream literature was from parents to children, the discussion focused on parents' strategies of how to use such transfers to lure a desired behavior on the part of their children. The prevalent norm of filial piety in Chinese societies suggests that parents may well think otherwise. It is shown that many Chinese parents give up their “final say” by transferring all their assets inter vivos, and their children still pay visits, sometimes more frequently, after such transfers. It is hypothesized that a kinship network may play the role of disciplining the children concerning their filial attitude. The empirical evidence for Taiwan is consistent with the above conjecture, but no significant results prevail for the China sample. The latter finding may be due to the weakening of kinship structure that China has experienced since the Cultural Revolution, and the restrictions on property ownership which limit the parental control of assets.

Keywords: intergenerational transfers; filial piety; kinship network; strategic bequest; inter vivos transfers

Chapter.  10246 words. 

Subjects: Business and Management

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