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Elderly Care and Informal Family Care

Author

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  • Miyake, Atsushi
  • Shintani, Masaya
  • Yasuoka, Masaya

Abstract

Informal family care presents important difficulties for the entire economy. Because of short supplies of formal elderly care, some family members are compelled to leave work to provide care for elderly relatives. Therefore, the overall loss of added value caused by informal family care is not negligible. After developing a model to assess how households determine allocation of formal and informal elderly care, we analyze subsidy effects for elderly care in the economy. Results show that subsidies for formal care that is bought by people of the younger generation are more effective for decreasing losses attributable to informal elderly care.

Suggested Citation

  • Miyake, Atsushi & Shintani, Masaya & Yasuoka, Masaya, 2021. "Elderly Care and Informal Family Care," MPRA Paper 110126, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:110126
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    References listed on IDEAS

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    5. Charles Yuji Horioka & Emin Gahramanov & Aziz Hayat & Xueli Tang, 2018. "Why Do Children Take Care Of Their Elderly Parents? Are The Japanese Any Different?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 59(1), pages 113-136, February.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Formal Care; Informal Care; Subsidy for Elderly Care; Unemployed Family Caregiver;
    All these keywords.

    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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