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作者

来源

JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS,Vol.57,Issue3,P.502-533

语言

英文

关键字

CHFS; House price; Housing consumption; Intergenerational co-residence; Elderly parents; INTERGENERATIONAL CORESIDENCE; LIVING ARRANGEMENTS; ELDERLY WIDOWS; UNITED-STATES; LIFE-CYCLE; CONSUMPTION; DEMAND; UK; EXPECTATIONS; TRANSITIONS

作者单位

[Yi, Daichun] Southwestern Univ Finance & Econ, Survey & Res Ctr China Household Finance, 55 Guanghuacun St, Chengdu 610074, Sichuan, Peoples R China. [Deng, Xiaoying] Shanghai Univ Finance & Econ, Sch Publ Econ & Adm, 777 Guoding Rd, Shanghai 200433, Peoples R China. [Fan, Gang-Zhi] Guangzhou Univ, Sch Management, Guangzhou Higher Educ Mega Ctr, 230 Wai Huanxi Rd, Guangzhou 510006, Guangdong, Peoples R China. [Ong, Seow Eng] Natl Univ Singapore, Dept Real Estate, 4 Architecture Dr, Singapore 117566, Singapore. Fan, GZ (reprint author), Guangzhou Univ, Sch Management, Guangzhou Higher Educ Mega Ctr, 230 Wai Huanxi Rd, Guangzhou 510006, Guangdong, Peoples R China. E-Mail: daichunyi@chfs.cn; deng.xiaoying@mail.shufe.edu.cn; fangz@gzhu.edu.cn; seong@nus.edu.sg

摘要

Numerous Chinese families choose to reside together with their elderly parents due to the considerable impacts of conventional values such as filial duty in Chinese society. However, as house prices rocketed up in major Chinese cities over the past decade, this arrangement is facing a sizeable challenge, therefore also raising new research question about it. This paper attempts to investigate the phenomenon of co-residence of adult children with their elderly parents in China. Using the 2013 data of China Household Finance Survey (CHFS), we document that house price is indeed a significant determinant for the pattern of intergenerational co-residence. Our empirical results can provide interesting insights into the important implication of rising house price for household residential arrangements in this country.