Economics at your fingertips  

Does Providing Informal Elderly Care Hasten Retirement? Evidence from Japan

Yoko Niimi ()

No 2017-07, AGI Working Paper Series from Asian Growth Research Institute

Abstract: This paper examines the implications of providing care to elderly parents for adult children’s retirement plans using micro data from a Japanese survey. We find no significant effect of caregiving on family caregivers’ planned retirement age if we do not take into account caregiving intensity but find a negative and significant effect onretirement plans for intensive caregivers, particularly among women. These findings suggest that relying on family members to provide elderly care can pose a serious challenge to the ongoing efforts of the government to promote the labor supply of women and the elderly to address the shrinkage of the working-age population in Japan. The estimation results suggest that ensuring access to formal care services can help family members reconcile their paid work with caregiving requirements, thereby alleviating the adverse effect of caregiving on their retirement plans. The results also suggest that the financial burden of formal care services could require caregivers to postpone retirement in some cases.

Keywords: Aging; caregiving; elderly care; informal care; Japan; labor supply; long-term care; parental care; retirement (search for similar items in EconPapers)
JEL-codes: D10 J14 J26 (search for similar items in EconPapers)
Date: 2017-03
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: Track citations by RSS feed

Downloads: (external link) (text/html) ... bute_id=22&file_no=1 (application/pdf)

Related works:
Journal Article: Does providing informal elderly care hasten retirement? Evidence from Japan (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in AGI Working Paper Series from Asian Growth Research Institute Contact information at EDIRC.
Bibliographic data for series maintained by Kazuki Tamura ().

Page updated 2021-06-16
Handle: RePEc:agi:wpaper:00000127