This paper uses matched data on the elderly and their children to study the provision of time by children to the elderly. It develops a Tobit model as well as a structural model to analyze the determinants of this decision. The main determinants of the amount of time given to parents appear to be the parent's age, reported health, and institutionalization status, and the children's age, health, and sex. Older parents, less healthy parents, and non-institutionalized parents receive more time from their children, while younger children, healthier children, and female children provide more time. In contrast to these demographic determinants, economic variables, such as children's wage rate and iicome levels, appear to play a rather insignificant role in the provision of time. In addition, the evidence does not support the hypothesis that parents purchase time from their children.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number
3363.
Length: Date of creation: May 1990 Date of revision: Publication status: published relationship to a non-chapter. This should not happen. Please contact NBER. Handle: RePEc:nbr:nberwo:3363
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Chapter
Axel Borsch-Supan & Jagadeesh Gokhale & Laurence J. Kotlikoff & John N. Morris, 1992.
"The Provision of Time to the Elderly by Their Children,"
NBER Chapters,
in: Topics in the Economics of Aging, pages 109-134
National Bureau of Economic Research, Inc.
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Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
Axel Borsch-Supan & Daniel L. McFadden & Reinhold Schnabel, 1996.
"Living Arrangements: Health and Wealth Effects,"
NBER Chapters,
in: Advances in the Economics of Aging, pages 193-216
National Bureau of Economic Research, Inc.
[Downloadable!]