A model for supply of informal care to elderly parents

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.

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Year of publication:	2009-06-02
Authors:	Fevang, Elisabeth ; Kverndokk, Snorre ; Røed, Knut
Institutions:	Helseøkonomisk Forskningsprogram (HERO), Universitetet i Oslo
Subject:	informal care for elderly \| labour market \| elderly parent

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Extent:	application/pdf
Series:	HERO On line Working Paper Series.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series HERO On line Working Paper Series Number 2008:12 32 pages
Classification:	J22 - Time Allocation and Labor Supply
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005245179