Old-age support in Indonesia: labor supply, intergenerational transfers and living arrangements
This is the first paper of which we are aware that attempts to formally model the supply-supply behaviour of elderly individuals in a developing country. Without broad-based public pension schemes, the majority of the elderly in developing countries are left to rely on their own current and accumulated earnings and support from children as means of support. Our cooperative bargaining framework allows us to jointly estimate the determinants of coresidence, financial transfers from...[Show more]
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