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The Caregiving Responsibilities of Retirees: What Are They and How Do They Affect Retirees' Well-being?

Author

Listed:
  • Kalenkoski, Charlene M.

    (James Madison University)

  • Oumtrakool, Eakamon

    (Texas Tech University)

Abstract

Using data from the 2010 and 2012 American Time Use Surveys (ATUS) and the associated Well-being Modules, this paper examines how caregiving affects the well-being of retirees who are caregivers. Different caregiving activities are examined, including caring for household children, caring for non-household children, caring for household adults, and caring for non-household adults. Different aspects of well-being are examined, including how meaningful respondents find their activities and how happy, sad, tired, in pain, and stressed their activities make them. The results show that, controlling for selection into caregiving, most caregiving negatively affects the well-being of retirees. This suggests that policies that remove some of the caregiving burden from retirees would increase their well-being.

Suggested Citation

  • Kalenkoski, Charlene M. & Oumtrakool, Eakamon, 2015. "The Caregiving Responsibilities of Retirees: What Are They and How Do They Affect Retirees' Well-being?," IZA Discussion Papers 9568, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp9568
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    References listed on IDEAS

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    1. Marianne Bertrand, 2013. "Career, Family, and the Well-Being of College-Educated Women," American Economic Review, American Economic Association, vol. 103(3), pages 244-250, May.
    2. Daniel Kahneman & Alan B. Krueger, 2006. "Developments in the Measurement of Subjective Well-Being," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 3-24, Winter.
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    Cited by:

    1. Anokye M. Adam, & Siaw Frimpong, & Mavis Opoku Boadu, 2017. "Financial literacy and financial planning: Implication for financial well-being of retirees," Business and Economic Horizons (BEH), Prague Development Center, vol. 13(2), pages 224-236, May.
    2. Charlene M. Kalenkoski & Thomas Korankye, 2022. "Enriching Lives: How Spending Time with Pets is Related to the Experiential Well-Being of Older Americans," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 17(2), pages 489-510, April.
    3. Marie Blaise & Laetitia Dillenseger, 2023. "Informal Caregivers and Life Satisfaction: Empirical Evidence from the Netherlands," Journal of Happiness Studies, Springer, vol. 24(6), pages 1883-1930, August.
    4. Adam, Anokye Mohammed & Frimpong, Siaw & Boadu, Mavis Opoku, 2017. "Financial literacy and financial planning: Implication for financial well-being of retirees," Business and Economic Horizons (BEH), Prague Development Center (PRADEC), vol. 13(2).

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    More about this item

    Keywords

    time use; retirement; well-being; caregiving;
    All these keywords.

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation

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