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A model for supply of informal care to elderly parents

Author

Listed:
  • Fevang, Elisabeth

    (Ragnar Frisch Centre for Economic Research)

  • Kverndokk, Snorre

    (Ragnar Frisch Centre for Economic Research)

  • Røed, Knut

    (Ragnar Frisch Centre for Economic Research)

Abstract

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.

Suggested Citation

  • Fevang, Elisabeth & Kverndokk, Snorre & Røed, Knut, 2009. "A model for supply of informal care to elderly parents," HERO Online Working Paper Series 2008:12, University of Oslo, Health Economics Research Programme.
    • Handle: RePEc:hhs:oslohe:2008_012
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    File URL: http://www.hero.uio.no/publicat/2008/2008_12.pdf
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    References listed on IDEAS

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    10. Helmut Rainer & Thomas Siedler, 2009. "O Brother, Where Art Thou? The Effects of Having a Sibling on Geographic Mobility and Labour Market Outcomes," Economica, London School of Economics and Political Science, vol. 76(303), pages 528-556, 07.
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    Cited by:

    1. Edwin van Gameren & Durfari Velandia Naranjo, 2015. "Working and Caring: The Simultaneous Decision of Labor Force Participation and Informal Elderly and Child Support Activities in Mexico," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 52(2), pages 117-148, November.
    2. Edwin Van Gameren & Durfari Velandia Naranjo, 2012. "Working and caring. The simultaneous decision of labor force participation, informal long-term care and childcare services in Mexico," Serie documentos de trabajo del Centro de Estudios Económicos 2012-16, El Colegio de México, Centro de Estudios Económicos.
    3. Elisabeth Fevang & Snorre Kverndokk & Knut Røed, 2012. "Labor supply in the terminal stages of lone parents’ lives," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(4), pages 1399-1422, October.

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    JEL classification:

    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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