The Impact of Informal Caregiving on Older Adults' Labor Supply and Economic Resources

This document is about a study that analyzes the effect of informal caregiving on older adults' labor supply and economic resources. The study finds that caregiving reduces the likelihood of working, especially for men providing personal care to parents or intensive care to spouses, and for women providing intensive care to parents. As a result, caregivers have a significantly higher probability of falling into poverty and experience smaller percentage growth in assets, particularly those caring for their spouses. The study provides insights into the economic costs and policy implications of informal caregiving.