When siblings wish for the well-being of their elderly parents, the cost of caregiving and long-term commitment creates a free-rider problem among siblings. We estimate a sequential game to investigate externality and strategic interaction among adult siblings regarding their location choice...

It is generally believed that intergenerational coresidence by elderly parents and adult children provides security for parents in their old age. In many countries, such intergenerational coresidence is the most common living arrangement. Using a nationally-representative dataset and a program...