LAUSR

The study examines whether respondents believe that long-term care provided by children for elderly parents and grandparental childcare should be monetarily compensated, and how these results vary by different groups of respondents. Based on a representative survey, the author shows that while 79% of subjects support compensation for long-term care, only 38% of subjects support compensation for grandparental childcare. Older subjects are more likely to accept monetary compensation for both long-term care and grandparental childcare. It is puzzling that being a female does not by itself explain the differences in acceptance, even though females are much more actively involved in all types of time transfers. Implications of the results and directions for future research are suggested.