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Intergenerational Transfer, Human Capital and Long-term Growth in China under the One Child Policy

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NBER2013-06-01 更新2025-01-04 收录
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We argue that the demographic changes caused by the one child policy (OCP) may not harm China's long-term growth. This attributes to the higher human capital induced by the intergenerational transfer arrangement under China's poor-functioning formal social security system. Parents raise their

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2013-06-01
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