Intergenerational cohabitation is becoming less common in modern societies. The opportunity costs of caring for parents are increasing, and the notion of filial piety is weakening. Meanwhile, in most developing Asian countries, a public old-age support system has yet to be developed. This paper...

When siblings wish for the well-being of their elderly parents, the cost of caregiving and long-term commitment creates a free-rider problem among siblings. We estimate a sequential game to investigate externality and strategic interaction among adult siblings regarding their location choice...

The empirical evidence of the effect of intergenerational coresidence by elderly parents and their adult children on parental health remains fairly inconclusive. The aim of this paper is twofold: (1) to estimate a reliable coresidence effect and (2) to investigate why the coresidence effect can...

The strategic bequest motive implies that children may want to live with their parents and provide care for them with the expectation of inheriting a larger portion of their bequest. This paper examines this hypothesis by focusing on the transition to coresidence by elderly Japanese parents and...