TY - JOUR
T1 - Do coresidency and financial transfers from the children reduce the need for elderly parents to works in developing countries?
AU - Cameron, Lisa A.
AU - Cobb-Clark, Deborah
PY - 2008/10
Y1 - 2008/10
N2 - 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.
AB - 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.
KW - Elderly labour supply
KW - Intergenerational transfers
KW - Old-age support
UR - http://www.scopus.com/inward/record.url?scp=49249106140&partnerID=8YFLogxK
U2 - 10.1007/s00148-006-0105-8
DO - 10.1007/s00148-006-0105-8
M3 - Article
SN - 0933-1433
VL - 21
SP - 1007
EP - 1033
JO - Journal of Population Economics
JF - Journal of Population Economics
IS - 4
ER -