Role of income in intergenerational co-residence: Evidence from selected African and Asian countries

What is it about?

The study investigates the macroeconomic determinants of co-residing arrangement between generations in selected developing countries with a focus on examining the effect of changing income level of the working generation. Estimated results indicate that the income of the altruistic working generation has a negative effect on coresidence, suggesting that if the income of the working generation increases, co-residence decreases. This decrease is greater for older men compared with their female counterparts. Life expectancy, literacy and culture also have significant influences on co-residence.

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Why is it important?

A higher proportion of older people is expected to be more vulnerable in developing countries due to fall in co-residence in the future. Thus, governments of developing countries need appropriate planning and strategy to address increasing pressure from their older people.