PublicationWorking Papers

Estimates of Worldwide Demand for Care (2010-2050)

An Econometric Approach

Montserrat Díaz Fernández, María del Mar Llorente Marrón

Social Sciences > Demography, Economics > Public Economics

This working paper examines the consequences of the role played by the female population in the labor market with respect to the demand for care within the framework of a new demographic order. Female labor participation not only has clear economic implications but also, from a demographic point of view, is an aspect warranting individual analysis.

In general terms, care is considered to be a female activity, usually unpaid, and with limited social recognition. Thus, having defined care as an economic good, statistical information from 176 countries is analyzed with the aim of modeling external care demand econometrically.