The Impact of Asset Building among Young Parents on Their Educational Expectations and Children's Academic Achievement Performance:An Empirical Study Based on CFPS 2018
Currently,young parents have become the backbone of China's response to the demographic problem of"one old and one young".However,the reality is that their willingness to marry and raise children is to a large extent constrained by the pressure of the economic costs of marriage,childbearing,and children's education.Research and policy practices have shown that public policies designed to help building family assets can assist young parents in coping with the cost of childcare over the long term and contribute to the sustainable development of the human capital of their children.Using data from CFPS 2018,this paper shows that savings made by young parents specifically for their children's education can have a positive impact on their children's academic performance,and that parental expectations about their children's education mediate this impact.Therefore,when considering the logic of the transition of China's population and fertility policy from the concept of asset-building policy,and thinking about how to promote the innovation of China's family welfare policy in the context of the implementation of the"double-decrease"policy,we need to focus on the key group of young parents,and the government needs to actively promote the family-oriented asset-building policies and programs like CDA,and to provide institutional childcare and children's education supports for young parents,so as to enhance the willingness of young people to marry and raise children,and promote the long-term balanced development of China's population.
young parentsasset buildingeducational expectationsacademic performancefamily welfare
万方数据
