Old-age labour supply in the developing world
AbstractRapid population ageing is becoming an increasingly important policy issue in many developing countries. Without broad-based pension schemes, the elderly are left to rely on their own current and accumulated earnings and support from children as their primary means of old-age support. This is the first study of which one is aware that jointly estimates the determinants financial transfers from children and elderly labour supply in a developing country context. It is found that many Indonesians continue to work well into old age and there is little evidence that financial transfers are a substitute for the income generated by elderly parents' own labour supply.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 9 (2002)
Issue (Month): 10 ()
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- Dwayne Benjamin & Loren Brandt & Jia-Zhueng Fan, 2003.
"Ceaseless Toil? Health and Labor Supply of the Elderly in Rural China,"
benjamin-03-01, University of Toronto, Department of Economics.
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- Juergen Jung & Chung Tran, 2009.
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- Chung Tran, 2008. "Transfers and Labor Market Behavior of the Elderly in Developing Countries: Theory and Evidence from Vietnam," Caepr Working Papers 2008-018, Center for Applied Economics and Policy Research, Economics Department, Indiana University Bloomington.
- Renuga Nagarajan & Aurora A.C. Teixeira & Sandra T. Silva, 2013. "The impact of population ageing on economic growth: an in-depth bibliometric analysis," FEP Working Papers 505, Universidade do Porto, Faculdade de Economia do Porto.
- Luis García Núñez, 2012. "Desprotección en la tercera edad: ¿estamos preparados para enfrentar el envejecimiento de la población?," Documentos de Trabajo 2012-330, Departamento de Economía - Pontificia Universidad Católica del Perú.
- Lisa Cameron & Deborah Cobb-Clark, 2008. "Do coresidency and financial transfers from the children reduce the need for elderly parents to works in developing countries?," Journal of Population Economics, Springer, vol. 21(4), pages 1007-1033, October.
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