By: Jessica Forden
The impacts of informal eldercare extend beyond the simple summation of time spent providing such care. Secondary impacts, such as the opportunity cost of not working, additionally add to the loss of financial resources for caregivers. Using 2011-2018 American Time Use Survey data, this study finds that high frequency eldercare provision is associated with a decreased probability of being in the labor force for women (2.7 percentage points) and a decrease in weekly hours worked for both men (3.4 hours) and women (2.3 hours), conditional on working full-time 2-5 months prior.
Read the working paper here.