Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/302773 
Year of Publication: 
2023
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 510 [Year:] 2023
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Some studies estimate that the value of time spent on unpaid caregiving is 2.7% of the GDP of the EU. Such a figure exceeds what EU countries spend on formal long-term care as a share of GDP (1.5%). Adult caregiving can exert significant harmful effects on the well-being of caregivers and can exacerbate the existing gender inequalities in employment. To overcome the detrimental cognitive costs of fulfilling the duty of care to older adults, focus should be placed on the development of support networks, providing caregiving subsidies, and enhancing labor market legislation that brings flexibility and level-up pay.
Subjects: 
informal caregiving
employment
care substitution
employment regulation
care leaves
flexible work times
mental health
well-being
JEL: 
J1
J14
J16
J17
Persistent Identifier of the first edition: 
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.