In this paper, we conduct a theoretical analysis of why individuals provide care and attention to their elderly parents using a two-period overlapping generations model with endogenous saving and a "contest success function" and test this model using micro data from a Japanese household survey,...

We argue that previous research on time devoted to child care has devoted insufficient attention to the definition and conceptualization of care time. Three separate problems are evident. First, the conventional focus on explicit activities with children distracts attention from the larger...

Studies have shown that the older sibling often chooses to live away from his elderly parents intending to free ride on the care provided by the younger child. In the presented model, we incorporate income effects and depict a different pattern frequently observed in Eastern countries; that is,...