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Why Do Children Take Care Of Their Elderly Parents? Are The Japanese Any Different?

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  • Charles Yuji Horioka
  • Emin Gahramanov
  • Aziz Hayat
  • Xueli Tang

Abstract

We conduct a theoretical and empirical analysis of why children live with (or near) their parents and provide care and assistance to them using microdata from a Japanese household survey, the Osaka University Preference Parameter Study. We find that the Japanese are more likely to live with (or near) their elderly parents and/or to provide care and attention to them if they expect to receive a bequest from them, which constitutes strong support for the strategic bequest motive, but that their caregiving behavior is also heavily influenced by the strength of their altruism toward their parents and social norms.

Suggested Citation

  • 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.
  • Handle: RePEc:wly:iecrev:v:59:y:2018:i:1:p:113-136
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    File URL: https://doi.org/10.1111/iere.12264
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