Articlegreen1997

THE SUPPLY OF CHILDREN'S TIME TO DISABLED ELDERLY PARENTS

Frank Allen Sloan · Gabriel A. Picone · Thomas J. Hoerger

116 citations0/0 files storedEconomic Inquiry

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Intergenerational Family Dynamics and Caregiving Aging, Elder Care, and Social Issues Gender, Labor, and Family Dynamics

Abstract

This study develops and tests a model of supply of children's time to disabled elderly parents, using data from the National Long‐Term Care Survey. The model, which assumes strategic behavior among relatives, offers predictions about effects of changes in the price of paid personal care, parent's wealth, kid's wage rates, public in‐kind subsidies of personal care, and parent's relative bargaining power on care provided by children. Although several statistically significant relationships are obtained, the evidence does not generally indicate that children's provision of care to parents is guided by a strategic bequest motive.

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References

1981Nash-Bargained Household Decisions: Toward a Generalization of the Theory of Demand 1993Nobel Lecture: The Economic Way of Looking at Behavior 1987Motives for Private Income Transfers 1986The Strategic Bequest Motive 1981The Family as an Incomplete Annuities Market 1992Inter-Vivos Transfers and Intergenerational Exchange 1979The Family as an Incomplete Annuities Market 1988The Family and the State

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1999Strategic play among family members when making long-term care decisions 2007How do middle-aged children allocate time and money transfers to their older parents in Europe?2005Population aging, the costs of health care for the elderly and growth 2005O Brother, Where Art Thou? The Effects of Having a Sibling on Geographic Mobility and Labor Market Outcomes

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