山东大学政治学与公共管理学院

Journal of Aging and Social Policy

英国

国家自然科学青年基金项目“人口老龄化背景下长护险护理服务人员的劳动供给研究”（72304171）；青岛市哲学社会科学规划项目“青岛市长期护理需求测算与财政保障路径研究” QDSKL2301009

Long-Term Care Insurance; Intergenerational financial support; Economic Resilience; Social Inequality

China’s rapidly aging population has strained traditional family-based elder care, leading to the introduction of Long-Term Care Insurance (LTCI) as a government-supported solution. Using data from the China Health and Retirement Longitudinal Study (CHARLS) and employing Difference-in-Differences (DID) and Triple-Difference (DDD) methodologies, this study explores LTCI’s impact on intergenerational financial transfers within households. The findings demonstrate that LTCI significantly increases financial support from elderly parents to adult children by reducing elder care-related economic burdens. This effect is notably stronger in low-income families, indicating LTCI’s potential to alleviate economic pressures disproportionately experienced by disadvantaged households. By facilitating greater intergenerational financial support, LTCI not only enhances household economic resilience but also contributes to broader social stability and reduced inequality. These insights highlight LTCI's important role beyond health outcomes, emphasizing its strategic value in reshaping family economic dynamics and informing policymakers aiming to strengthen social equity in the context of an aging society.

Mengdan Li

Unit Twenty Basic Research

no

2025-06-01