The Impact of Intergenerational Care on Labor Supply for Children

At present, the aging population in our country is becoming more severe. Helping elderly parents take care of their children can increase the employment rate of young children and promote the growth of labor supply. This article conducted panel regression analysis using data from CFPS2010, CFPS2012, and CFPS2014, and conducted scalability analysis by gender and village. The results showed that women had a higher promotion effect on intergenerational care than men, and the promotion effect on urban users was also higher than that in rural areas. This article addresses endogeneity issues based on the indicator of whether parents are still alive, and conducts robustness tests through annual robust regression and linear probability models. Finally, based on the research conclusions of the model, this article proposes targeted policy recommendations for elderly care and realizing the social value of the elderly: recognizing the value of the elderly, encouraging harmonious family relationships, improving the supply structure through policies that encourage intergenerational care, and promoting employment rates.