TY - JOUR AU - Borsch-Supan,Axel AU - Gokhale,Jagadeesh AU - Kotlikoff,Laurence J. AU - Morris,John N. TI - The Provision of Time to the Elderly by Their Children JF - National Bureau of Economic Research Working Paper Series VL - No. 3363 PY - 1990 Y2 - May 1990 UR - http://www.nber.org/papers/w3363 L1 - http://www.nber.org/papers/w3363.pdf N1 - Author contact info: Axel H. Boersch-Supan Munich Center for the Economics of Aging Max Planck Institute for Social Law and Social Pol Amalienstrasse 33 80779 Munich GERMANY Tel: +49 (89) 3860-2355 Fax: 49 (89) 3860-2390 E-Mail: axel@boersch-supan.de Jagadeesh Gokhale Senior Fellow CATO Institute 1000 Mass. Ave., NW Washington, DC 20001 E-Mail: jgokhale@cato.org Laurence J. Kotlikoff Department of Economics Boston University 270 Bay State Road Boston, MA 02215 Tel: 617/353-4002 Fax: 617/353-4001 E-Mail: kotlikoff@gmail.com John N. Morris M1 - published as Axel Borsch-Supan, Jagadeesh Gokhale, Laurence J. Kotlikoff, John N. Morris. "The Provision of Time to the Elderly by Their Children," in David A. Wise, editor, "Topics in the Economics of Aging" University of Chicago Press (1992) AB - This paper uses matched data on the elderly and their children to study the provision of time by children to the elderly. It develops a Tobit model as well as a structural model to analyze the determinants of this decision. The main determinants of the amount of time given to parents appear to be the parent's age, reported health, and institutionalization status, and the children's age, health, and sex. Older parents, less healthy parents, and non-institutionalized parents receive more time from their children, while younger children, healthier children, and female children provide more time. In contrast to these demographic determinants, economic variables, such as children's wage rate and income levels, appear to play a rather insignificant role in the provision of time. In addition, the evidence does not support the hypothesis that parents purchase time from their children. ER -