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Do Adult Children Matter?—The Effects Of National Health Insurance On Retirement Behavior: Evidence From Taiwan

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  • HSIN‐LING HSIEH

Abstract

This paper examines the effect of the 1995 implementation of National Health Insurance (NHI) on retirement behavior in Taiwan. The identification strategy is based on the fact that, in Taiwan, adult children offer significant insurance to elderly parents. The results suggest that NHI had significant effects on retirement among the elderly lacking an adequate traditional “safety net.” NHI raised the conditional probability that a male, private sector worker over the age of 51 would retire by more than 60%. However, men with a stronger safety net in the form of adult sons were less responsive to NHI. (JEL I18, J14, J26)

Suggested Citation

  • Hsin‐Ling Hsieh, 2008. "Do Adult Children Matter?—The Effects Of National Health Insurance On Retirement Behavior: Evidence From Taiwan," Contemporary Economic Policy, Western Economic Association International, vol. 26(2), pages 317-334, April.
    • Handle: RePEc:bla:coecpo:v:26:y:2008:i:2:p:317-334
    DOI: 10.1111/j.1465-7287.2007.00058.x
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    Cited by:

    1. Tianyuan Luo & Cesar L. Escalante, 2020. "Public Health Insurance and Farm Labor Supply: Evidence from China's Rural Health Insurance Reform," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 28(6), pages 101-124, November.
    2. An-Chi Tung & Nicole Mun Sim Lai, 2011. "Living arrangements and support for the elderly in Taiwan," Chapters, in: Ronald Lee & Andrew Mason (ed.), Population Aging and the Generational Economy, chapter 28, Edward Elgar Publishing.
    3. Jung, Juergen & Hall, Diane M. Harnek & Rhoads, Thomas, 2013. "Does the availability of parental health insurance affect the college enrollment decision of young Americans?," Economics of Education Review, Elsevier, vol. 32(C), pages 49-65.
    4. Juergen Jung & Vinish Shrestha, 2018. "The Affordable Care Act And College Enrollment Decisions," Economic Inquiry, Western Economic Association International, vol. 56(4), pages 1980-2009, October.

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    More about this item

    JEL classification:

    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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