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Why do children take care of their elderly parents? Are the Japanese any different?

Horioka, Charles Yuji, Gahramanov, Emin, Hayat, Aziz and Tang, Xueli 2016, Why do children take care of their elderly parents? Are the Japanese any different?, International economic review, pp. 1-44.

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Title Why do children take care of their elderly parents? Are the Japanese any different?
Author(s) Horioka, Charles Yuji
Gahramanov, Emin
Hayat, Aziz
Tang, XueliORCID iD for Tang, Xueli
Journal name International economic review
Start page 1
End page 44
Total pages 44
Publisher Wiley-Blackwell
Place of publication London, Eng.
Publication date 2016-10-28
ISSN 0020-6598
Keyword(s) bequests
elderly care
exchange motive
intergenerational transfers
parental care
parent-child relations
selfish bequest motive
strategic bequest motive
Summary We conduct a theoretical and empirical analysis of why children live with (or near) their parents andprovide care and assistance to them using micro data from a Japanese household survey, the OsakaUniversity Preference Parameter Study. We find that the Japanese are more likely to live with (or near)their elderly parents and/or to provide care and attention to them if they expect to receive a bequest fromthem, which constitutes strong support for the strategic bequest motive, but that their caregiving behavioris also heavily influenced by the strength of their altruism toward their parents and social norms.
Notes In-Press
Language eng
Field of Research 140199 Economic Theory not elsewhere classified
Socio Economic Objective 970114 Expanding Knowledge in Economics
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2016, Wiley-Blackwell
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Document type: Journal Article
Collection: Department of Economics
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