Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/46170 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorNizalova, Olena Y.en
dc.date.accessioned2011-05-17-
dc.date.accessioned2011-06-28T13:56:53Z-
dc.date.available2011-06-28T13:56:53Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/46170-
dc.description.abstractThis paper focuses on the relationship between wages and supply of informal care to elderly parents. Unlike most of the previous research estimating wage elasticities of informal care supply, this study employs instrumental variable technique to account for the fact that the wage rate is likely to be correlated with omitted variables. Based on the data from the 1998 wave of the Health and Retirement Study, the results show that the wage elasticity of informal care supply is negative and larger in magnitude than has been found previously. The lower bound of this elasticity is estimated to be -1.8 for males and -3.6 for females. Additional findings suggest that the wage elasticity of informal care supply differs by the type of care provided to elderly parents, and that it is larger in magnitude among individuals with siblings and those with independently living parents. The analysis also indicates that the reductions in the informal care constitute about 18% of the labor supply response for men and about 56% of the labor supply response for women, which are not compensated by monetary transfers.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x5192en
dc.subject.jelJ22en
dc.subject.jelJ18en
dc.subject.jelJ14en
dc.subject.ddc330en
dc.subject.keywordwage elasticityen
dc.subject.keywordinformal care supplyen
dc.subject.keywordlabor supplyen
dc.subject.keywordelderly careen
dc.subject.keywordfamily obligationsen
dc.subject.stwPflegediensten
dc.subject.stwFamilieen
dc.subject.stwArbeitsangeboten
dc.subject.stwLohnen
dc.subject.stwElastizitäten
dc.subject.stwSchätzungen
dc.subject.stwUSAen
dc.titleThe wage elasticity of informal care supply: Evidence from the health and retirement study-
dc.typeWorking Paperen
dc.identifier.ppn659020394en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size
281.66 kB





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