Fevang, Elisabeth (Ragnar Frisch Centre for Economic Research) Kverndokk, Snorre () (Ragnar Frisch Centre for Economic Research) Røed, Knut (Ragnar Frisch Centre for Economic Research)
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This paper presents a model of informal care to parents. We assume that the child participates in the labour market and gains in utility from consumption and leisure. In addition it has altruistic motivation to give informal care to its elderly parent. We show how the labour income, labour supply and informal caregiving are affected by exogenous factors such as the education level, wage rate, other supply of care, travel distance and inheritance.
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Paper provided by Oslo University, Health Economics Research Programme in its series HERO On line Working Paper Series with number
2008:12.
Length: 32 pages Date of creation: 02 Jun 2009 Date of revision: Handle: RePEc:hhs:oslohe:2008_012
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