An examination of elderly co-residence in the developing world
Brooks Fox Evans and
Robert J. Palacios
No 96557, The Social Policy and Labor Discussion Paper Series from The World Bank
Abstract:
Co-residence is an important source of support for the elderly, especially in countries where pension systems do not cover most of the population. This note provides new evidence regarding elderly co-residence patterns in more than 100 developing countries that represent over 90 percent of the developing world population. The authors find a wide range of co-residence rates across countries, ranging from 29 to nearly 100 percent, and a strong inverse relationship between the receipt of a pension and co-residence. The results show the importance of informal support, and have implications for the choice and design of policy instruments aimed at the elderly, including social insurance and assistance.
Keywords: Labor Markets; Labor Standards; Social Protections&Assistance; ICT Applications; Rural Labor Markets (search for similar items in EconPapers)
Date: 2015-05-01
New Economics Papers: this item is included in nep-age
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