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Should intra-familial time transfers be compensated financially?

Nataliya Kusa ()
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Nataliya Kusa: University of Kassel

MAGKS Papers on Economics from Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung)

Abstract: This paper deals with social acceptance of applying the equity principle for intra-familial time transfers. Based on a representative survey among German citizens, the author provides empirical evidence on acceptance of financial compensation for different time transfers. Some 80% of the subjects stated that intra-familial long-term care should be compensated. At the same time, only 38% of subjects stated that grandparental childcare should be compensated: The majority accepts equity principle for intra-familial long-term care but not for grandparental childcare. Age has the strongest effect: subjects belonging to the old generation are more likely to accept the equity principle for informal long-term care as well as for grandparental childcare. Family valuation does not matter in any of the dimensions. It is puzzling that being a female by itself does not explain the differences in social acceptance even though females are much more actively involved in all types of time transfers.

Keywords: intergenerational transfers; long-term care; grandparental childcare; citizens’ view; equity (search for similar items in EconPapers)
JEL-codes: D31 D63 D64 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age and nep-eur
Date: 2018
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