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Opportunity costs of unpaid caregiving: Evidence from panel time diaries

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  • Miller, Ray
  • Sedai, Ashish Kumar

Abstract

We examine the association between unpaid adult and child caregiving by older Americans and time allocated to labor supply, home production, leisure, and personal care. After controlling for time-invariant heterogeneity using panel time diaries, we find that older caregivers reported reduced time allocated to each domain fairly evenly overall. However, women showed a stronger associated decline in personal care and labor supply while men showed stronger declines in time devoted to home production. Gendered differences are more pronounced with intensive and non-spousal care. Results highlight time–cost differentials that could be driving observed gender gaps in health and labor market outcomes among unpaid caregivers. The study also underscores the serious endogeneity concerns between caregiving and broader time allocation patterns and highlights the need for additional research to establish the causal effects of caregiving.

Suggested Citation

  • Miller, Ray & Sedai, Ashish Kumar, 2022. "Opportunity costs of unpaid caregiving: Evidence from panel time diaries," The Journal of the Economics of Ageing, Elsevier, vol. 22(C).
  • Handle: RePEc:eee:joecag:v:22:y:2022:i:c:s2212828x22000196
    DOI: 10.1016/j.jeoa.2022.100386
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    2. Urwin, Sean & Lau, Yiu-Shing & Grande, Gunn & Sutton, Matthew, 2023. "Informal caregiving and the allocation of time: implications for opportunity costs and measurement," Social Science & Medicine, Elsevier, vol. 334(C).

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    More about this item

    Keywords

    Unpaid care; Time-use; Aging; Gender inequality; Home production; Personal care;
    All these keywords.

    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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