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A taxonomy of the economic costs of family care to adults

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  • Keating, Norah C.
  • Fast, Janet E.
  • Lero, Donna S.
  • Lucas, Sarah J.
  • Eales, Jacquie

Abstract

A systematic scoping review was conducted to evaluate the current state of knowledge of the economic costs incurred by family caregivers to adults with long-term health problems or disabilities. A narrative synthesis of 126 articles published since 1999 was undertaken to develop a taxonomy of the economic costs experienced by these caregivers. Three broad domains of sources of economic costs for caregivers were identified: employment consequences, out-of-pocket expenses and caregiving labor, with sub-categories within each domain. Economic outcomes were identified for each cost domain. Generation of new knowledge across the three cost domains has been uneven, with disproportionate interest in employment consequences. There are knowledge and methods gaps around all of the domains of care arising from failure to measure, or measure consistently, the costs; failure to account for contexts within which care is delivered; and lack of consistency in specifying care thresholds influencing labor force exit and employment consequences. An expanded research agenda on costs of family care should address cumulative and cross-domain care costs. Links between economic and social and health costs are fertile ground for a comprehensive understanding of the full costs of family care.

Suggested Citation

  • Keating, Norah C. & Fast, Janet E. & Lero, Donna S. & Lucas, Sarah J. & Eales, Jacquie, 2014. "A taxonomy of the economic costs of family care to adults," The Journal of the Economics of Ageing, Elsevier, vol. 3(C), pages 11-20.
  • Handle: RePEc:eee:joecag:v:3:y:2014:i:c:p:11-20
    DOI: 10.1016/j.jeoa.2014.03.002
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    2. Zavyalova, Natalya, 2017. "BRICS money talks: Comparative socio-cultural communicative taxonomy of the New Development Bank," Research in International Business and Finance, Elsevier, vol. 39(PA), pages 248-266.
    3. Bauer, Jan Michael & Sousa-Poza, Alfonso, 2015. "Impacts of Informal Caregiving on Caregiver Employment, Health, and Family," IZA Discussion Papers 8851, Institute of Labor Economics (IZA).
    4. Huamin Chai & Rui Fu & Peter C. Coyte, 2021. "Does Unpaid Caregiving Erode Working Hours Among Middle-Aged Chinese Adults?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 157(3), pages 977-999, October.
    5. Janet Fast & Karen A. Duncan & Norah C. Keating & Choong Kim, 2024. "Valuing the Contributions of Family Caregivers to the Care Economy," Journal of Family and Economic Issues, Springer, vol. 45(1), pages 236-249, March.
    6. Arora, Kanika, 2016. "How does dementia onset in parents influence unmarried adult children's wealth," Social Science & Medicine, Elsevier, vol. 152(C), pages 156-165.

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