A recent survey conducted in Taiwan shows that the proportion of parents who have divided all their assets is quite high. And for the parents who have divided all their assets, the attention received by them is relatively higher than those who have assets undivided or who have no assets. Since the existing theories cannot fully explain these phenomena, we propose a theory of social network and then examine the theory empirically. The empirical results show that for children who have tighter kin networks, their frequency of visit (the residence distance) will be higher (closer). Further, the kin-network has more impact when the parents have divided all their assets. The results are consistent with our theoretical conjecture that asset-division may trigger the norm mechanism faced by children.
關聯:
International Meeting on Age Structure Transitions and Policy Dynamics: The Allocation of Public and Private Resources Across Generations
