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INTERGENERATIONAL TIME AND MONETARY SUPPORT AMONG URBAN INDIAN FAMILIES
Abstract:Intra-household time transfer is an important intergenerational support, less emphasised but more prominent than monetary transfers in the Indian family system. This paper attempts to study, empirically, the nature and pattern of time transfers between co-residing and non-co-residing parents and their adult married children in an urban setting in India. From the analysis of 673 representative sampled households, we have found that reciprocative time transfers between adult children and their parents constitute a central feature of the intergenerational support system, regardless of co-residency status. Significant correlates of time transfers to elderly parents are age, presence of other siblings in the household, headship status, and monetary support received from and made to parents. However, there is no evidence of inter-substitution between time and money between the two generations, i.e. married adult children and their parents. Time support is more frequent and intense when parents reside in the same city, whereas monetary transfers dominate when parents reside in a distant city or village.
Keywords:co-residence  monetary transfers  time transfers  intergenerational support
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