Timing of Immigration Effects Asset Change Among Hispanic Caregivers of Older Family Members
Tamara Cadet (),
Shanna L. Burke,
Frances Nedjat-Haiem,
Louanne Bakk,
Mitra Naseh,
Adrienne Grudzien,
Janice O’Driscoll and
Amary Alcide
Additional contact information
Tamara Cadet: Simmons University
Shanna L. Burke: Florida International University
Frances Nedjat-Haiem: San Diego State University
Louanne Bakk: The University at Buffalo
Mitra Naseh: Florida International University
Adrienne Grudzien: Florida International University
Janice O’Driscoll: Florida International University
Amary Alcide: Florida International University
Journal of Family and Economic Issues, 2021, vol. 42, issue 3, No 11, 572 pages
Abstract:
Abstract Given the cultural value of family in Hispanic culture, older Hispanic immigrants are likely to have family caregivers. This study examined the economic implications of caring for older Hispanic adults regarding non-housing financial wealth over time. Using the 2008, 2010, and 2012 waves of the Health and Retirement Study (HRS) and RAND HRS data files, this study compares changes in the non-housing financial wealth between 2008 and 2012 by caregiving and immigration status among Hispanics. This study examined differences in assets between Hispanic caregivers and non-caregivers and more specifically examined the subpopulation of Hispanic caregivers who immigrated prior to and after 1968 as compared to U.S.-born caregivers to better understand the effect of the Immigration and Nationality Amendment Act of 1965 on asset change. Results indicate that caregiving itself did not have a statistically significant association with wealth, but the timing of immigration to the US had a statistically significant correlation (p
Keywords: Informal care-giving; Cross-cultural studies; Economics; Latino/a; Mexican American; Relocation and transition; Hispanic; Immigration (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:kap:jfamec:v:42:y:2021:i:3:d:10.1007_s10834-020-09719-3
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DOI: 10.1007/s10834-020-09719-3
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