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Abstract
We model the allocation of time resources by adult children between competing caring activities - those towards co-residing elderly and those towards co-residing children. We test the implications of our model for children’s school performance by focusing on Indonesia, a country characterized by heterogeneity in social norms, population aging and reliance on the family for elderly support. Specifically, we exploit the unique richness of the Indonesian Family Life Survey (IFLS) (Wave 2 to Wave 4) to find robust evidence of a negative impact on children’s school achievement of social norms regulating elderly bequests to co-residing adult careers.
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