This study analyzes what adult children will do for their parents if they become frail and need long-term care. Descriptive statistics show that about 30 percent of adult children living separately from their parents provide long-term in-home care, which suggests that a significant number of...

Do wives with high-earning husbands tend to choose to be full-time housewives? Are the households in which both spouses earn high incomes increasing? This article answers these questions. It also shows what kinds of impacts such changes in household income composition are having on income...

In this article, I conduct an international comparison of the financial health of households using data on household wealth and indebtedness for the G-7 countries and show that, even though household borrowings in Japan were the highest among the G-7 countries, at least until 2000, household...