A model for supply of informal care to elderly parents

2008/12: Authors: Fevang, E., Kverndokk, S., Røed, K.,The Ragnar Frisch Centre for Economic Research, Oslo (PDF)

Abstract

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.

ISSN 1890-1735
ISBN 82-7756-198-9

Publisert 25. mai 2011 16:21 - Sist endret 3. okt. 2011 12:57