Measuring child work and residence adjustments to parents' long-term care needs.
This article estimates the effects of various parent and child characteristics on the choice of care arrangement of the parent, taking into account the potential endogeneity of some of the child characteristics. Three equations are estimated: a care choice equation, a child location equation, and a child work equation. Results suggest a hierarchy of family decision making; child locations affect the care decision, which affects child work decisions. The results also question previous research attempting to explain causes of secular trends in long-term care.
Stern
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Department of Economics, University of Virginia, Charlottesville 22903, USA.
D000203:Activities of Daily Living / Q000145:classification / Q000523:psychology; D000368:Aged; D000369:Aged, 80 and over; D017028:Caregivers / Q000523:psychology* / Q000706:statistics & numerical data; D015984:Causality; D017281:Cost of Illness; D003482:Custodial Care; D005260:Female; D016330:Frail Elderly / Q000523:psychology* / Q000706:statistics & numerical data; D006801:Humans; D007588:Job Satisfaction; D008019:Life Style; D008134:Long-Term Care / Q000523:psychology* / Q000706:statistics & numerical data; D008297:Male; D010287:Parent-Child Relations; D012111:Residence Characteristics; D012737:Sex Factors; D012931:Social Environment; D014481:United States