The Supply of Children's Time to Disabled Elderly Parents
AbstractThis study develops and tests a model of supply of children's time to disabled elderly parents, using data from the National Long-Term Care Survey. The model, which assumes strategic behavior among relatives, offers predictions about effects of changes in the price of paid personal care, parent's wealth, kids' wage rates, public in-kind subsidies of personal care, and parent's relative bargaining power on care provided by children. Although several statistically significant relationships are obtained, the evidence does not generally indicate that children's provision of care to parents is guided by a strategic bequest motive.
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Bibliographic InfoPaper provided by Duke University, Department of Economics in its series Working Papers with number 95-46.
Date of creation: 1995
Date of revision:
Publication status: Published in Economic Inquiry, Vol. 35, 1997, pages 295-308
Contact details of provider:
Postal: Department of Economics Duke University 213 Social Sciences Building Box 90097 Durham, NC 27708-0097
Phone: (919) 660-1800
Fax: (919) 684-8974
Web page: http://econ.duke.edu/
Other versions of this item:
- Sloan, Frank A & Picone, Gabriel & Hoerger, Thomas J, 1997. "The Supply of Children's Time to Disabled Elderly Parents," Economic Inquiry, Western Economic Association International, vol. 35(2), pages 295-308, April.
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