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Should intra-familial time transfers be compensated financially?

Author

Listed:
  • Nataliya Kusa

    (University of Kassel)

Abstract

This paper deals with social acceptance of applying the equity principle for intra-familial time transfers. Based on a representative survey among German citizens, the author provides empirical evidence on acceptance of financial compensation for different time transfers. Some 80% of the subjects stated that intra-familial long-term care should be compensated. At the same time, only 38% of subjects stated that grandparental childcare should be compensated: The majority accepts equity principle for intra-familial long-term care but not for grandparental childcare. Age has the strongest effect: subjects belonging to the old generation are more likely to accept the equity principle for informal long-term care as well as for grandparental childcare. Family valuation does not matter in any of the dimensions. It is puzzling that being a female by itself does not explain the differences in social acceptance even though females are much more actively involved in all types of time transfers.

Suggested Citation

  • Nataliya Kusa, 2018. "Should intra-familial time transfers be compensated financially?," MAGKS Papers on Economics 201802, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    • Handle: RePEc:mar:magkse:201802
    as

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    File URL: http://www.uni-marburg.de/fb02/makro/forschung/magkspapers/paper_2018/02-2018_kusa.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    intergenerational transfers; long-term care; grandparental childcare; citizens’ view; equity;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers

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