Do coresidency and financial transfers from the children reduce the need for elderly parents to works in developing countries?

Lisa A. Cameron, Deborah Cobb-Clark*

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    32 Citations (Scopus)

    Abstract

    Do elderly parents use coresidence with or financial transfers from children to reduce their own labour supply in old age? This paper is one of only a few studies that seeks to formally model elderly labour supply in the context of a developing country while taking into account coresidency with and financial transfers from children. We find little evidence that support from children-either through transfers or coresidency-substitutes for elderly parents' need to work. Thus, as in developed countries, there is a role for public policy to enhance the welfare of the elderly population.

    Original languageEnglish
    Pages (from-to)1007-1033
    Number of pages27
    JournalJournal of Population Economics
    Volume21
    Issue number4
    DOIs
    Publication statusPublished - Oct 2008

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