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The aim of this note is to present a root-N consistent estimator for the regression coefficients in a fixed-effects panel data sample selection model that has one selection equation and two regression equations. Other than the condition that the error terms satisfy a control function type of...
Persistent link: https://www.econbiz.de/10010594084
CGE models are widely used for policy evaluation and impact analysis especially with respect to trade reforms, tax reforms, energy sector reform and development policy analysis. However, the results of such models are often argued to be sensitive to the choice of exogenous parameters such as...
Persistent link: https://www.econbiz.de/10011100016
This paper formulates and estimates a dynamic discrete choice model of elder parent care and work to analyze how caregiving affects a woman’s current and future labor force participation and wages. Intertemporal tradeoffs, such as decreased future earning capacity due to a current reduction in...
Persistent link: https://www.econbiz.de/10010897943
Cross-sectional evidence in the United States finds that informal caregivers have less attachment to the labor force. The causal mechanism is unclear: do children who work less become informal caregivers, or are children who become caregivers working less? Using longitudinal data from the Health...
Persistent link: https://www.econbiz.de/10011051266
Informal caregivers provide valuable services to elderly persons with long-term care needs, but the consequences of caregiving on caregivers are not yet fully understood. This paper illustrates the interrelation between caregiving and caregivers’ labour force participation, cognitive ability,...
Persistent link: https://www.econbiz.de/10010960059
I discuss instrumental variable estimates of the effect of providing unpaid adult care on the caregivers' probability of being employed, using eight waves of the European Community Household Panel. I focus on men aged 40–64 and women aged 40–59 from thirteen Member States, aggregated in two...
Persistent link: https://www.econbiz.de/10010577396
Using advanced panel data methods on ECHP (European Community Household Panel) data, female labor force participation at both the intensive and extensive margin is found to be negatively associated with informal caregiving to elderly. The effects of informal caregiving seem to be more negative...
Persistent link: https://www.econbiz.de/10005771212
This paper examines how adult-children decide time spent providing nursing care to their parents and their working time in the market. Utilizing a unique survey containing information both on adult-children and their parents in Japan, we clarify whether or not adult-childrenfs supply of informal...
Persistent link: https://www.econbiz.de/10005558174
In Germany, informal home care is preferred to professional care services in the public discussion as well as in legal care regulations. However, they ascribe only minor importance to the opportunity costs care givers have to face. Therefore, this paper explores the influence home care has on...
Persistent link: https://www.econbiz.de/10008509373
“Active Ageing” strategies aim to foster the participation of seniors in the society. Although economic literature has extensively studied the incentives for seniors to increase their labour supply, little is known about the motivations for older people to complement labour with other forms...
Persistent link: https://www.econbiz.de/10010550245