NDLI: The heterogeneous effect of retirement on informal care behavior

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The heterogeneous effect of retirement on informal care behavior

Content Provider	Hyper Articles en Ligne (HAL)
Author	Bergeot, Julien Fontaine, Roméo
Abstract	It is often argued that the increased labor market participation of seniors threatens family support provided to dependent elderly people. The purpose of this paper is to assess the causal effect of retirement on the frequency of care provided by individuals aged 55–69 years to their elderly parent. Using data from the Survey of Health, Aging and Retirement in Europe (SHARE), we estimate an endogenous switching model that allows the retirement effect to be heterogeneous with respect to observed and unobserved characteristics. To tackle the possible endogeneity of selection into retirement, we use the heterogeneity of retirement rules between and within European countries. On average, being retired does not significantly impact the probability of providing care but significantly increases the frequency of care conditional on being caregiver. The same pattern is observed regardless of the individual observed characteristics, even if the provision of informal care appears to be less sensitive to the retirement status when the child cannot rely on the other parent to provide care or when both parents are in poor health. These results suggest that pension system reforms should not affect the number of caregivers. Some adverse effects on the intensity of involvement among caregivers are nevertheless expected.
Related Links	https://hal.science/hal-02895130/file/Bergeot-Fontaine_2020_v-auteur.pdf
ISSN	10991050
DOI	10.1002/hec.4121
Issue Number	10
Volume Number	29
Conference Proceedings	Health economics
Language	English
Publisher	HAL CCSD
Publisher Date	2020-10-01
Access Restriction	Open
Subject Keyword	informal caregivers retirement retraite perte d'autonomie Survey of Health informal care aide informelle Aging and Retirement in Europe (SHARE dependant elderly persons Humanities and Social Sciences
Content Type	Text
Resource Type	Conference Proceedings
Subject	Arts and Humanities Social Sciences Health Policy

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