Effect of Caregiving on Employment for Retiring Japanese Individuals
Tomoki Kitamura (),
Yoshimi Adachi () and
Toshiyuki Uemura ()
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Tomoki Kitamura: Finance Research Group, NLI-Research Institute
Yoshimi Adachi: Department of Economics, Konan University
Toshiyuki Uemura: School of Economics, Kwansei Gakuin University
No 158, Discussion Paper Series from School of Economics, Kwansei Gakuin University
We examined employment and caregiving behavior at retiring age in Japan, considering the marital status, living-with-parent status, spouse employment, spouse income, and net financial assets. We found that the labor participation rate for caregiving married females living with parents was lowest when husbands work full-time, indicating that opportunity cost is an important factor. Net financial assets had a mixed impact. For married female caregivers, a lower amount of net financial assets decreases the labor participation rate. This tendency is reversed for married males. We also found that a flexible work style prevents a fall in labor participation rate due to caregiving. The government should introduce policies for drastic improvement in balancing nursing care and employment.
Keywords: Elderly caregiving; labor participation rate; retirement; panel data (search for similar items in EconPapers)
JEL-codes: D12 I10 J14 J26 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age and nep-lab
Date: 2017-02, Revised 2017-02
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Persistent link: https://EconPapers.repec.org/RePEc:kgu:wpaper:158
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