000			03176cam a22003737 4500
001			w20756
003			NBER
005			20211020105737.0
006			m o d
007			cr cnu||||||||
008			210910s2014 mau fo 000 0 eng d
100	1		_aLumsdaine, Robin L. _915674
245	1	0	_aRetirement Timing of Women and the Role of Care Responsibilities for Grandchildren / _cRobin L. Lumsdaine, Stephanie J.C. Vermeer.
260			_aCambridge, Mass. _bNational Bureau of Economic Research _c2014.
300			_a1 online resource: _billustrations (black and white);
490	1		_aNBER working paper series _vno. w20756
500			_aDecember 2014.
520	3		_aThis paper considers the potential relationship between providing care for grandchildren and retirement, among women nearing retirement age. Using 47,400 person-wave observations from the Health and Retirement Study (HRS), we find the arrival of a new grandchild is associated with a more than eight percent increase in the retirement hazard despite little overall evidence of a care/retirement interaction. We document that while family characteristics seem to be the most important factors driving the care decision, they are also important determinants of retirement. In contrast, while financial incentives such as pensions and retiree health insurance have the largest influence on retirement, the opportunity cost associated with outside income seems to have little effect on whether or not a grandmother provides care. There is little evidence of substitution between caring for grandchildren versus providing care for elderly parents or engaging in volunteer activities; grandchild care is instead taken on as an additional responsibility. Our findings suggest that policies aimed at prolonging worklife may need to consider grandchild care responsibilities as a countervailing factor while those policies focused on grandchild care may also affect elderly labor force composition.
530			_aHardcopy version available to institutional subscribers
538			_aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538			_aMode of access: World Wide Web.
588	0		_aPrint version record
690		7	_aJ12 - Marriage • Marital Dissolution • Family Structure • Domestic Abuse _2Journal of Economic Literature class.
690		7	_aJ13 - Fertility • Family Planning • Child Care • Children • Youth _2Journal of Economic Literature class.
690		7	_aJ14 - Economics of the Elderly • Economics of the Handicapped • Non-Labor Market Discrimination _2Journal of Economic Literature class.
690		7	_aJ22 - Time Allocation and Labor Supply _2Journal of Economic Literature class.
690		7	_aJ26 - Retirement • Retirement Policies _2Journal of Economic Literature class.
700	1		_aVermeer, Stephanie J.C.
710	2		_aNational Bureau of Economic Research.
830		0	_aWorking Paper Series (National Bureau of Economic Research) _vno. w20756.
856	4	0	_uhttps://www.nber.org/papers/w20756
856			_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w20756
942			_2ddc _cW-PAPER
999			_c327366 _d285928