[The Effect of Women's Wage on Elderly Care]
Using data from the Japanese Panel Survey of Consumers (JPSC), this paper analyzes how the wage rates of married women are related to whether they take care of their and their husbands’ parents or not. We find that married women who earn higher wages tend not to take care of their own parents but instead make larger money transfers to them. These results suggest that the higher wages of married women induces the substitution of care giving for money transfers to parents, which may be attributed to the increase in the opportunity cost of care. On the other hand, we find that the high wages of these women are negatively related to their support of their husbands’ parents.
|Date of creation:||08 Jan 2012|
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- Eric Bonsang, 2007.
"How do middle-aged children allocate time and money transfers to their older parents in Europe?,"
Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 34(2), pages 171-188, April.
- Eric Bonsang, 2006. "How do middle-aged children allocate time and money transfers to their older parents in Europe?," CREPP Working Papers 0602, Centre de Recherche en Economie Publique et de la Population (CREPP) (Research Center on Public and Population Economics) HEC-Management School, University of Liège.
- Julie Zissimopoulos, 2001. "Resource Transfers to the Elderly: Do Adult Children Substitute Financial Transfers for Time Transfers?," Working Papers 01-05, RAND Corporation.
- Edward C. Norton & Courtney Harold Van Houtven, 2006. "Inter-vivos Transfers and Exchange," Southern Economic Journal, Southern Economic Association, vol. 73(1), pages 157–172, July.
- Miki Kohara & Fumio Ohtake, 2006. "Altruism and the Care of Elderly Parents: Evidence from Japanese Families," ISER Discussion Paper 0670, Institute of Social and Economic Research, Osaka University.
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