Financial transfers from adult children and depressive symptoms among mid-aged and elderly residents in China - evidence from the China Health and Retirement Longitudinal Study
BMC Public Health Jul 21, 2018
Wu Y, et al. - Researchers used the data from the China Health and Retirement Longitudinal Study (CHARLS, 2013) (n = 10,935), to assess the link between financial transfers from children and depressive symptoms among the mid-aged and elderly residents (from 45 years of age and older) in China. Findings revealed a significant and positive association of a higher financial support from non-co-resident children with fewer depressive symptoms among both the mid-aged and elderly parents. The goal of taxation and other policy measures should be to encourage and facilitate these type of financial transfers and to prevent a decrease of support from children to parents.
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