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Measuring child work and residence adjustments to parents' long-term care needs
1Department of Economics, University of Virginia, Charlottesville 22903, USA.
The Gerontologist
|February 1, 1996
Abstract:
This article estimates the effects of various parent and child characteristics on the choice of care arrangement of the parent, taking into account the potential endogeneity of some of the child characteristics. Three equations are estimated: a care choice equation, a child location equation, and a child work equation. Results suggest a hierarchy of family decision making; child locations affect the care decision, which affects child work decisions. The results also question previous research attempting to explain causes of secular trends in long-term care.