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Does Providing Informal Elderly Care Hasten Retirement? Evidence from Japan

dc.contributor.authorYoko Niimi
dc.date.accessioned2017-08-24T20:49:41Z
dc.date.available2017-08-24T20:49:41Z
dc.date.issued2017-04-30
dc.identifier.urihttp://hdl.handle.net/11540/7286
dc.description.abstractThis paper examines the implications of providing care to elderly parents for adult children’s retirement plans using microdata from a Japanese survey. We find no significant effect of caregiving on family caregivers’ planned retirement age if we do not take into account caregiving intensity but find a negative and significant effect on retirement plans for intensive caregivers, particularly among women. These findings suggest that relying on family members to provide elderly care can pose a serious challenge to the ongoing efforts of the government to promote the labor supply of women and the elderly to address the shrinkage of the working-age population in Japan. The estimation results suggest that ensuring access to formal care services can help family members reconcile their paid work with caregiving requirements, thereby alleviating the adverse effect of caregiving on their retirement plans. The results also suggest that the financial burden of formal care services could require caregivers to postpone retirement in some cases.
dc.languageEnglish
dc.publisherAsian Development Bank Institute
dc.titleDoes Providing Informal Elderly Care Hasten Retirement? Evidence from Japan
dc.typeWorking Papers
dc.subject.expertAid Financing
dc.subject.expertPension Funds
dc.subject.expertMedical Costs
dc.subject.expertHealth Costs
dc.subject.expertRural Population
dc.subject.expertUrban Population
dc.subject.expertPublic Health Finance
dc.subject.expertHealth Financing
dc.subject.expertHealth Care Financing
dc.subject.expertFinancial Policy
dc.subject.expertHealth Sector Reform
dc.subject.expertHealth Care Cost Control
dc.subject.adbHealth Care Financing
dc.subject.adbFinancial Security
dc.subject.adbFinancial Assistance
dc.subject.adbAged Health
dc.subject.adbHealth Care System
dc.subject.adbHealth Care Policy
dc.subject.adbAccess to Health Care
dc.subject.adbPublic Expenditure
dc.subject.adbInsurance Companies
dc.subject.adbFiscal Administration
dc.subject.adbMedical Costs
dc.subject.naturalMultiemployer pension plans
dc.subject.naturalKeogh plans
dc.subject.naturalIndividual retirement accounts
dc.subject.naturalPension plans
dc.subject.naturalEmployee pension trusts
dc.subject.naturalPension trusts
dc.subject.naturalNursing homes
dc.subject.naturalLong-term care facilities
dc.subject.naturalHospices
dc.subject.naturalAccounts payable
dc.subject.naturalVouchers
dc.subject.naturalInsurance carriers
dc.title.seriesADBI Working Paper Series
dc.title.volumeNo. 730
dc.contributor.imprintAsian Development Bank Institute
oar.themeFinance
oar.themeHealth
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-006899
oar.authorNiimi, Yoko
oar.importTRUE
oar.googlescholar.linkpresenttrue


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    The Asian Development Bank Institute (ADBI) Working Paper series is a continuation of the formerly named Discussion Paper series which began in January 2003. The numbering of the papers continued without interruption or change. ADBI was established in 1997 in Tokyo, Japan, to help build capacity, skills, and knowledge related to poverty reduction and other areas that support long-term growth and competitiveness in developing economies in Asia and the Pacific.

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