A Model for Supply of Informal Care to Elderly Parents

Posted: 21 May 2009

See all articles by Elisabeth Fevang

Elisabeth Fevang

University of Oslo - Ragnar Frisch Centre for Economic Research

Snorre Kverndokk

Ragnar Frisch Centre for Economic Research

Knut Roed

Ragnar Frisch Centre for Economic Research; IZA Institute of Labor Economics

Date Written: October 2, 2008

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.

Keywords: labour supply, informal care

JEL Classification: J14, J22

Suggested Citation

Fevang, Elisabeth and Kverndokk, Snorre and Røed, Knut, A Model for Supply of Informal Care to Elderly Parents (October 2, 2008). Available at SSRN: https://ssrn.com/abstract=1407587 or http://dx.doi.org/10.2139/ssrn.1407587

Elisabeth Fevang

University of Oslo - Ragnar Frisch Centre for Economic Research ( email )

Gaustadalleen 21
N-0317 Oslo
Norway

Snorre Kverndokk (Contact Author)

Ragnar Frisch Centre for Economic Research ( email )

Gaustadalleen 21
N-0349 Oslo
Norway
+47 22958811 (Phone)
+47 22958825 (Fax)

HOME PAGE: http://www.frisch.uio.no/cv/snorrek_eng.html

Knut Røed

Ragnar Frisch Centre for Economic Research ( email )

Gaustadalleen 21
N-0349 Oslo
Norway

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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