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

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ADBI Working Paper ; No. 739

Classification and Topics

• Classification: Wirtschaft ; Consumer Economics: Empirical Analysis ; Altruism; Philanthropy; Intergenerational Transfers ; Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡ ; Macroeconomics: Consumption; Saving; Wealth ; Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
• Subject: bequests ; caregiving ; co-residence ; elderly care ; exchange motive ; intergenerational transfers ; Japan ; parental care ; parent-child relations ; selfish bequest motive ; strategic bequest motive

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Horioka, Charles ; Gahramanov, Emin ; Hayat, Aziz ; Tang, Xueli
• Event: Veröffentlichung
• (who): Asian Development Bank Institute (ADBI)
• (where): Tokyo
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/163238
• Last update: 10.03.2025, 11:44 AM CET