Private Interhousehold Transfers in Vietnam in the Early and Late 1990s
The author uses date from the 1992-93 and 1997-98 Vietnam Living Standards Survey (VLSS) to describe patterns of money transfers between households. Rapid economic growth during the 1990s did little to diminish the importance of private transfers i...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, D.C.
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2002/06/1808700/private-inter-household-transfers-vietnam-early-late-1990s http://hdl.handle.net/10986/14294 |
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okr-10986-142942021-04-23T14:03:20Z Private Interhousehold Transfers in Vietnam in the Early and Late 1990s Cox, Donald PRIVATE TRANSFERS HOUSEHOLD DATA LIVING STANDARDS INDICATORS OLD AGE ASSISTANCE RETIREMENT AGE HOUSEHOLD INCOME DEMOGRAPHIC STATISTICS HEALTH EXPENDITURES ACCOUNTING AVERAGE INCOME CASH TRANSFERS CREDIT PROGRAMS CROWDING OUT DISTRIBUTION OF INCOME ECONOMIC GROWTH GDP HEALTH EXPENDITURES HOUSEHOLD INCOME INCOME INCOME TRANSFERS INEQUALITY INSURANCE INTERGENERATIONAL SUPPORT LABOR INCOME LAWS LSMS MACROECONOMICS MIGRATION MONEY TRANSFERS OLD AGE POOR POVERTY ALLEVIATION PRIVATE PRIVATE INTERHOUSEHOLD TRANSFERS PRIVATE SAFETY NETS PRIVATE TRANSFERS PRODUCTIVITY PUBLIC SAFETY NETS RENT PAYMENTS RETIREMENT SOCIAL SECURITY TRANSFERS UNEMPLOYMENT WORKING CAPITAL The author uses date from the 1992-93 and 1997-98 Vietnam Living Standards Survey (VLSS) to describe patterns of money transfers between households. Rapid economic growth during the 1990s did little to diminish the importance of private transfers in Vietnam. Private transfers are large and widespread in both surveys, and are much larger than public transfers. Private transfers appear to function like means-tested public transfers, flowing from better-off to worse-off households and providing old age support in retirement. Panel evidence suggests some hysteresis in private transfer patterns, but many households also changed from recipients to givers and vice versa between surveys. Changes in private transfers appear responsive to changes in household pre-transfer income, demographic changes, and life-course events. Transfer inflows rise upon retirement and widowhood, for example, and are positively associated with increases in health expenditures. It also appears that private transfer inflows increased for households affected by Typhoon Linda, which devastated Vietnam's southernmost provinces in late 1997. 2013-07-01T14:31:27Z 2013-07-01T14:31:27Z 2002-06 http://documents.worldbank.org/curated/en/2002/06/1808700/private-inter-household-transfers-vietnam-early-late-1990s http://hdl.handle.net/10986/14294 English en_US Policy Research Working Paper;No.2853 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific Vietnam |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
PRIVATE TRANSFERS HOUSEHOLD DATA LIVING STANDARDS INDICATORS OLD AGE ASSISTANCE RETIREMENT AGE HOUSEHOLD INCOME DEMOGRAPHIC STATISTICS HEALTH EXPENDITURES ACCOUNTING AVERAGE INCOME CASH TRANSFERS CREDIT PROGRAMS CROWDING OUT DISTRIBUTION OF INCOME ECONOMIC GROWTH GDP HEALTH EXPENDITURES HOUSEHOLD INCOME INCOME INCOME TRANSFERS INEQUALITY INSURANCE INTERGENERATIONAL SUPPORT LABOR INCOME LAWS LSMS MACROECONOMICS MIGRATION MONEY TRANSFERS OLD AGE POOR POVERTY ALLEVIATION PRIVATE PRIVATE INTERHOUSEHOLD TRANSFERS PRIVATE SAFETY NETS PRIVATE TRANSFERS PRODUCTIVITY PUBLIC SAFETY NETS RENT PAYMENTS RETIREMENT SOCIAL SECURITY TRANSFERS UNEMPLOYMENT WORKING CAPITAL |
| spellingShingle |
PRIVATE TRANSFERS HOUSEHOLD DATA LIVING STANDARDS INDICATORS OLD AGE ASSISTANCE RETIREMENT AGE HOUSEHOLD INCOME DEMOGRAPHIC STATISTICS HEALTH EXPENDITURES ACCOUNTING AVERAGE INCOME CASH TRANSFERS CREDIT PROGRAMS CROWDING OUT DISTRIBUTION OF INCOME ECONOMIC GROWTH GDP HEALTH EXPENDITURES HOUSEHOLD INCOME INCOME INCOME TRANSFERS INEQUALITY INSURANCE INTERGENERATIONAL SUPPORT LABOR INCOME LAWS LSMS MACROECONOMICS MIGRATION MONEY TRANSFERS OLD AGE POOR POVERTY ALLEVIATION PRIVATE PRIVATE INTERHOUSEHOLD TRANSFERS PRIVATE SAFETY NETS PRIVATE TRANSFERS PRODUCTIVITY PUBLIC SAFETY NETS RENT PAYMENTS RETIREMENT SOCIAL SECURITY TRANSFERS UNEMPLOYMENT WORKING CAPITAL Cox, Donald Private Interhousehold Transfers in Vietnam in the Early and Late 1990s |
| geographic_facet |
East Asia and Pacific Vietnam |
| relation |
Policy Research Working Paper;No.2853 |
| description |
The author uses date from the 1992-93
and 1997-98 Vietnam Living Standards Survey (VLSS) to
describe patterns of money transfers between households.
Rapid economic growth during the 1990s did little to
diminish the importance of private transfers in Vietnam.
Private transfers are large and widespread in both surveys,
and are much larger than public transfers. Private transfers
appear to function like means-tested public transfers,
flowing from better-off to worse-off households and
providing old age support in retirement. Panel evidence
suggests some hysteresis in private transfer patterns, but
many households also changed from recipients to givers and
vice versa between surveys. Changes in private transfers
appear responsive to changes in household pre-transfer
income, demographic changes, and life-course events.
Transfer inflows rise upon retirement and widowhood, for
example, and are positively associated with increases in
health expenditures. It also appears that private transfer
inflows increased for households affected by Typhoon Linda,
which devastated Vietnam's southernmost provinces in
late 1997. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Cox, Donald |
| author_facet |
Cox, Donald |
| author_sort |
Cox, Donald |
| title |
Private Interhousehold Transfers in Vietnam in the Early and Late 1990s |
| title_short |
Private Interhousehold Transfers in Vietnam in the Early and Late 1990s |
| title_full |
Private Interhousehold Transfers in Vietnam in the Early and Late 1990s |
| title_fullStr |
Private Interhousehold Transfers in Vietnam in the Early and Late 1990s |
| title_full_unstemmed |
Private Interhousehold Transfers in Vietnam in the Early and Late 1990s |
| title_sort |
private interhousehold transfers in vietnam in the early and late 1990s |
| publisher |
World Bank, Washington, D.C. |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2002/06/1808700/private-inter-household-transfers-vietnam-early-late-1990s http://hdl.handle.net/10986/14294 |
| _version_ |
1764429945809928192 |