Edwards, Kathryn Anne; Wenger, Jeffrey B. - In: IZA Journal of Labor Economics 8 (2019) 1, pp. 1-44
The risk of labor market, health, and asset-value shocks comprise profound retirement savings challenges for older … workers. Parents, however, may experience added risk if their children experience adverse labor market shocks. Prior research … has shown that parents support their children financially through an unemployment spell. In this paper, we also provide …