A model for supply of informal care to elderly parents

Elisabeth Fevang (), Snorre Kverndokk and Knut Røed ()

No 2008:12, HERO Online Working Paper Series from University of Oslo, Health Economics Research Programme

Abstract: This paper presents a model of informal care to parents. We assume that the child participates in the labour market and gains in utility from consumption and leisure. In addition it has altruistic motivation to give informal care to its elderly parent. We show how the labour income, labour supply and informal caregiving are affected by exogenous factors such as the education level, wage rate, other supply of care, travel distance and inheritance.

Keywords: informal care for elderly; labour market; elderly parent (search for similar items in EconPapers)
JEL-codes: J22 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2009-06-02
New Economics Papers: this item is included in nep-age, nep-hea and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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