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Effect of Caregiving on Employment for Retiring Japanese Individuals

Author

Listed:
  • Tomoki Kitamura

    (Finance Research Group, NLI-Research Institute)

  • Yoshimi Adachi

    (Department of Economics, Konan University)

  • Toshiyuki Uemura

    (School of Economics, Kwansei Gakuin University)

Abstract

We examined employment and caregiving behavior at retiring age in Japan, considering the marital status, living-with-parent status, spouse employment, spouse income, and net financial assets. We found that the labor participation rate for caregiving married females living with parents was lowest when husbands work full-time, indicating that opportunity cost is an important factor. Net financial assets had a mixed impact. For married female caregivers, a lower amount of net financial assets decreases the labor participation rate. This tendency is reversed for married males. We also found that a flexible work style prevents a fall in labor participation rate due to caregiving. The government should introduce policies for drastic improvement in balancing nursing care and employment.

Suggested Citation

  • Tomoki Kitamura & Yoshimi Adachi & Toshiyuki Uemura, 2017. "Effect of Caregiving on Employment for Retiring Japanese Individuals," Discussion Paper Series 158, School of Economics, Kwansei Gakuin University, revised Feb 2017.
    • Handle: RePEc:kgu:wpaper:158
    as

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    References listed on IDEAS

    as
    1. Bolin, K. & Lindgren, B. & Lundborg, P., 2008. "Your next of kin or your own career?: Caring and working among the 50+ of Europe," Journal of Health Economics, Elsevier, vol. 27(3), pages 718-738, May.
    2. Heitmueller, Axel, 2007. "The chicken or the egg?: Endogeneity in labour market participation of informal carers in England," Journal of Health Economics, Elsevier, vol. 26(3), pages 536-559, May.
    3. Carmichael, Fiona & Charles, Susan, 2003. "The opportunity costs of informal care: does gender matter?," Journal of Health Economics, Elsevier, vol. 22(5), pages 781-803, September.
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    More about this item

    Keywords

    Elderly caregiving; labor participation rate; retirement; panel data;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • I10 - Health, Education, and Welfare - - Health - - - General
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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