Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/163238 
Year of Publication: 
2017
Series/Report no.: 
ADBI Working Paper No. 739
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
We conduct a theoretical and empirical analysis of why children live with (or near) their parents and provide care and assistance to them using microdata from a Japanese household survey, the Osaka University 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 from them, which constitutes strong support for the strategic bequest motive, but that their caregiving behavior is also heavily influenced by the strength of their altruism toward their parents and social norms.
Subjects: 
bequests
caregiving
co-residence
elderly care
exchange motive
intergenerational transfers
Japan
parental care
parent-child relations
selfish bequest motive
strategic bequest motive
JEL: 
D12
D64
D91
E21
J14
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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