How do middle-aged children allocate time and money transfers to their older parents in Europe?

Abstract

The modifications of the demographic structure in Europe are expected to change several aspects of the economic and social landscape. Among the several issues posed by ageing, financing of health care and more precisely long-term care appears as a major challenge for the twenty-first century. Historically, family has always been a non-negligible provider of informal long-term care to elderly. Changes in family structures and the individual roles are likely to influence the provision of informal care to elderly in the future and, by the way, the demand for formal care.