Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different?

24 Pages Posted: 20 Feb 2018

See all articles by Charles Yuji Horioka

Charles Yuji Horioka

Kobe University; National Bureau of Economic Research; Asian Growth Research Institute; Osaka University

Emin Gahramanov

American University of Sharjah - Department of Economics

Aziz Hayat

Deakin University - School of Accounting, Economics and Finance

Xueli Tang

Deakin University

Multiple version iconThere are 3 versions of this paper

Date Written: February 2018

Abstract

We conduct a theoretical and empirical analysis of why children live with (or near) their parents and provide care and assistance to them using microdata from a Japanese household survey, the Osaka University Preference Parameter Study. We find that the Japanese are more likely to live with (or near) their elderly parents and/or to provide care and attention to them if they expect to receive a bequest from them, which constitutes strong support for the strategic bequest motive, but that their caregiving behavior is also heavily influenced by the strength of their altruism toward their parents and social norms.

Suggested Citation

Horioka, Charles Yuji and Gahramanov, Emin and Hayat, Aziz and Tang, Xueli, Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different? (February 2018). International Economic Review, Vol. 59, Issue 1, pp. 113-136, 2018, Available at SSRN: https://ssrn.com/abstract=3125186 or http://dx.doi.org/10.1111/iere.12264

Charles Yuji Horioka (Contact Author)

Kobe University ( email )

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Osaka University ( email )

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Emin Gahramanov

American University of Sharjah - Department of Economics ( email )

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Sharjah
United Arab Emirates

Aziz Hayat

Deakin University - School of Accounting, Economics and Finance ( email )

221 Burwood Highway
Burwood, Victoria 3215
Australia

Xueli Tang

Deakin University ( email )

75 Pigdons Road
Victoria, Victoria 3216
Australia

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