The Supply of Children's Time to Disabled Elderly Parents

Economic Inquiry, Volume XXXV, Number 2, April 1997

Posted: 13 Apr 1998

See all articles by Frank A. Sloan

Frank A. Sloan

Duke University - Center for Health Policy, Law and Management; Duke University, Fuqua School of Business-Economics Group; Duke University - Department of Economics; National Bureau of Economic Research (NBER)

Gabriel Picone

Department of Economics

Thomas J. Hoerger

Research Triangle Institute

Abstract

This study develops and tests a model of supply of children's time to disabled elderly parents, using data from the National Long-Term Care Survey. The model, which assumes strategic behavior among relatives, offers predictions about effects of changes in the price of paid personal care, parent's wealth, kid's wage rates, public in-kind subsidies of personal care, and parent's relative bargaining power on care provided by children. Although several statistically significant relationships are obtained, the evidence does not generally indicate that children's provision of care to parents is guided by a strategic bequest motive.

JEL Classification: I1, J1

Suggested Citation

Sloan, Frank A. and Picone, Gabriel and Hoerger, Thomas J., The Supply of Children's Time to Disabled Elderly Parents. Economic Inquiry, Volume XXXV, Number 2, April 1997. Available at SSRN: https://ssrn.com/abstract=75819

Frank A. Sloan (Contact Author)

Duke University - Center for Health Policy, Law and Management ( email )

Box 90253
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United States
919-684-8047 (Phone)
919-684-6246 (Fax)

Duke University, Fuqua School of Business-Economics Group ( email )

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United States

Duke University - Department of Economics ( email )

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National Bureau of Economic Research (NBER)

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Gabriel Picone

Department of Economics ( email )

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United States
813-974-6537 (Phone)
813-974-6510 (Fax)

HOME PAGE: http://www.coba.usf.edu/departments/economics/facu

Thomas J. Hoerger

Research Triangle Institute ( email )

PO Box 12194
Research Triangle Park, NC 27709-2194
United States
919-541-7146 (Phone)
919-541-6683 (Fax)

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