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

journal contribution
posted on 2018-02-01, 00:00 authored by C Y Horioka, Emin Gahramanov, Abdul Hayat MuhammadAbdul Hayat Muhammad, Xueli TangXueli Tang
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.

History

Journal

International economic review

Volume

59

Issue

1

Pagination

113 - 136

Publisher

John Wiley & Sons

Location

Chichester, Eng.

ISSN

0020-6598

Language

eng

Publication classification

C1 Refereed article in a scholarly journal; C Journal article

Copyright notice

2017, Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association