Intergenerational household formation, female labor supply and informal caregiving: a bargaining approach.
Children's provision of in-kind services to their elderly parents (informal caregiving) represents an important form of economic transfers to the elderly. In this paper, we develop and estimate a joint model of informal caregiving and labor force participation decisions of adult daughters who have a...
| Published in: | Journal of Human Resources Vol. 34; no. 3; pp. 475 - 504 |
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| Main Authors: | , |
| Format: | Article |
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University of Wisconsin Press
Summer99
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=507642538&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 507642538 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 0022166X JHR jtl: Journal of Human Resources issn: 0022166X maglogo: N pubinfo: dt: Summer99 vid: 34 iid: 3 pid: 249 pub: University of Wisconsin Press artinfo: ui: 507642538 10.2307/146377 ppf: 475 ppct: 29 formats: fmt: – @attributes: type: T – @attributes: type: P size: 7.1MB tig: atl: Intergenerational household formation, female labor supply and informal caregiving: a bargaining approach. aug: au: Pezzin, Liliana E. Schone, Barbara Steinberg su: Elder care Resource allocation -- Mathematical models Daughters Family-work relationship Adult children Nash equilibrium Caregivers Economic history sug: subj: Elder care Resource allocation -- Mathematical models Daughters Family-work relationship Adult children Nash equilibrium Caregivers Economic history ab: Children's provision of in-kind services to their elderly parents (informal caregiving) represents an important form of economic transfers to the elderly. In this paper, we develop and estimate a joint model of informal caregiving and labor force participation decisions of adult daughters who have a frail elderly parent in a broader framework of intergenerational household formation. Parent and daughter agree to a Nash bargaining rule as the solution to the household formation and intrahousehold decision making process. However, rather than severed relationships, the threat point is given by a noncooperative equilibrium defined in terms of voluntary contributions toward a public good, the parental “well-being.” Maximum likelihood parameter estimates derived from the simultaneous, multiequation, endogenous switching model are generally consistent with expectations. Our results indicate that competing demands on daughters' time reduce both coresidence and informal caregiving. We also find that intergenerational coresidence is an important mode of assistance to elderly persons. A simulation based on the estimated parameters suggests that public programs designed to meet the long-term care needs of elderly persons by subsidizing formal home care services may have substantial effects on intergenerational living and care arrangement decisions. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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