Time? Money? Both? The allocation of resources to older parents
Time? Money? Both? The allocation of resources to older parents
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DOI:
10.2307/2648110
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发表时间:
1999-05-01
期刊:
影响因子:
3.5
通讯作者:
Wolf, DA
中科院分区:
文献类型:
--
作者:
Couch, KA;Daly, MC;Wolf, DA
We provide estimates of a reduced-form model of the allocation of household time and money resources. We consider four demands for these resources: time spent working, time spent providing care for noncoresident elderly parents, time spent performing housework, and monetary transfers to noncoresident elderly parents. We focus on the effects of wage rates and parental characteristics on the allocation decisions of adult children and their households concerning these four demands. We find that households with individuals earning high wages rely relatively more on cash transfers and relatively less on lime transfers than do lower-wage households. We also find evidence consistent with an unmeasured tendency of some families to provide multiple sources of support.