By adopting an identification strategy of difference-in-difference estimation combined with propensity score matching between liberalized and closed countries, this paper provides robust evidence that opening the capital account is associated with an increase in income inequality in developing...

This paper investigates the relationship between parental health shocks and fertility decisions in China, utilizing a longitudinal dataset of Chinese households. We find that parental health shocks significantly delay the reproductive age and decrease the desire for additional children among...

We investigate the intergenerational effect of parental health shocks on the fertility choices of adult children in China. By using a comprehensive longitudinal dataset of Chinese households, severe and unexpected health shocks to parents have been identified. To address sample imbalance issues...