Intergenerational household formation, female labor supply and informal caregiving - A bargaining approach

Intergenerational household formation, female labor supply and informal caregiving - A bargaining approach
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DOI:
10.2307/146377
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发表时间:
1999-06-01
影响因子:
5.2
通讯作者:
Schone, BS
Schone, BS
中科院分区:
经济学1区
文献类型:
--
作者:
Pezzin, LE;Schone, BS

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子女向老年父母提供实物服务(非正式赡养)是向老年人转移经济的一种重要形式。在本文中,我们开发和估计一个联合模型的非正式就业和劳动力参与决策的成年女儿谁有一个体弱的老年父母在一个更广泛的框架内代际家庭的形成。父母和女儿同意纳什讨价还价规则作为家庭形成和家庭内部决策过程的解决方案。然而,威胁点并不是断绝关系,而是由一种非合作均衡给出的,这种均衡是根据对公共利益(父母的福祉)的自愿贡献来定义的。由联立多方程内生转换模型导出的最大似然参数估计值与期望值基本一致。我们的研究结果表明,对女儿的时间竞争的需求减少了同居和非正式的同居。研究还发现,代际共居是一种重要的养老方式。基于估计参数的模拟结果表明,旨在满足老年人长期护理需求的公共计划,通过补贴正式霍恩护理服务可能会对代际生活和护理安排决策产生重大影响。
Children's provision of in-kind services to their elderly parents (informal caregiving) represents an important form of economic transfers to the elderly. In this paper we develop and estimate a joint model of informal caregiving and labor force participation decisions of adult daughters who have a frail elderly parent in a broader framework of intergenerational household formation. Parent and daughter agree to a Nash bargaining rule as the solution to the household formation and intrahousehold decision making process. However; rather than severed relationships, the threat point is given by a noncooperative equilibrium defined in terms of voluntary contributions toward a public good the parental "well-being.'' Maximum likelihood parameter estimates derived front the simultaneous, multiequation, endogenous switching model are generally consistent with expectations. Our results indicate that competing demands on daughters' time reduce both coresidence and informal caregiving. We also find that intergenerational coresidence is an important mode of assistance to elderly per sons. A simulation bused on the estimated parameters suggests that public programs designed to meet the long-term care needs of elderly persons by subsiding formal horne care services may have substantial effects on intergenerational living and care arrangement decisions.