The Effect of Health Shock and Basic Medical Insurance on Family Educational Investment for Children in China

Abstract

This paper explores the role of basic medical insurance in protecting family investment in child education. First, this paper establishes a two-phase overlapping generation model to theoretically analyse the impact of basic medical insurance on investment in child education under the influence of the impact of parental health. The results show that health shock reduces parental investment in child education, and medical insurance significantly alleviates the negative impact of parental health shock on investment in child education. Furthermore, this paper establishes a two-way fixed effect regression model based on the data of China Family Panel Studies (CFPS) in 2014 and 2016 to empirically test the above results. The results showed that parental health shocks negatively affect investment in child education, and paternal health shock has a more significant impact than maternal health shock. However, medical insurance significantly reduces this negative impact, provides security in investment in child education, and promotes the improvement of human capital.

Third-child fertility intention and its socioeconomic factors among women aged 20–34 years in China

“…Our findings show that having more siblings increase the intention to have more children, implying the importance of trusting relationships with siblings and their fertility-relevant supportive resources in influencing fertility willingness [36,37]. However, a larger sibship size may also pose a negative impact on fertility intention due to sibling competition for intergenerational support [38]. Previous evidence suggests that migrant women may experience a sense of marginality and insecurity, which depress their fertility intention [39,40].…”

Editorial on S.I. “Advances in Measuring Health and Wellbeing” in the International Journal of Environmental Research and Public Health

“…This Special Issue contains 11 contributions from diverse research lines, representing different geographies, such as America, Asia or Europe. Some of them are related to elderly or disabled populations ( [1][2][3][4]), while others present new financial or actuarial proposals ( [5][6][7]) or focus on specific diseases, specific factors of mortality or on general wellbeing ( [8][9][10][11]). All of them apply state-of-the-art tools or develop new methods to visualize and analyse data coming from multiple sources to produce reliable measurements on peoples' health and wellbeing.…”

“…The work by Pu Liao, Zhihong Dou and Xingxing Guo [7] is focused on the impact of parental health shocks on children's education. They analyse the situation in China and the role of health insurance in absorbing these effects.…”