Private Interhousehold Transfersin Vietnam in the Early and Late 1990s

Cox, Donald

World Bank, Washington, D.C.

关键词: PRIVATE TRANSFERS;    HOUSEHOLD DATA;    LIVING STANDARDS INDICATORS;    OLD AGE ASSISTANCE;    RETIREMENT AGE;   

DOI  :  10.1596/1813-9450-2853
RP-ID  :  WPS2853

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The author uses date from the 1992-93and 1997-98 Vietnam Living Standards Survey (VLSS) todescribe patterns of money transfers between households.Rapid economic growth during the 1990s did little todiminish the importance of private transfers in Vietnam.Private transfers are large and widespread in both surveys,and are much larger than public transfers. Private transfersappear to function like means-tested public transfers,flowing from better-off to worse-off households andproviding old age support in retirement. Panel evidencesuggests some hysteresis in private transfer patterns, butmany households also changed from recipients to givers andvice versa between surveys. Changes in private transfersappear responsive to changes in household pre-transferincome, demographic changes, and life-course events.Transfer inflows rise upon retirement and widowhood, forexample, and are positively associated with increases inhealth expenditures. It also appears that private transferinflows increased for households affected by Typhoon Linda,which devastated Vietnam's southernmost provinces inlate 1997.