Parents with an Unemployed Adult Child: Consumption, Income, and Savings Effects
The risk of labor market, health, and asset-value shocks comprise profound retirement savings challenges for older workers. Parents, however, may experience added risk if their children experience adverse labor market shocks. Prior research has shown that parents support their children financially t...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2019-07-01
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| Series: | IZA Journal of Labor Economics |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/izajole-2019-0001 |