Norton Edward C.; Nicholas Lauren H.; Sheng-Hsiu, Huang Sean - In: The B.E. Journal of Economic Analysis & Policy 14 (2013) 2, pp. 377-400
Informal care is the largest source of long-term care for elderly, surpassing home health care and nursing home care. By definition, informal care is unpaid. It remains a puzzle why so many adult children give freely of their time. Transfers of time to the older generation may be balanced by...