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Financing Long-Term Care: Ex-ante, Ex-post or Both?
Costa-i-Font, Joan; Courbage, Christophe; Swartz, Katherine - 2014
This paper examines the heterogeneity in the public financing of long-term care (LTC), and the wide-ranging instruments in place to finance long-term care services. We distinguish and classify the institutional responses to the need for LTC financing as ex-ante (occurring prior to when the need...
Persistent link: https://www.econbiz.de/10010480806
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Demographic change and bank profitability: empirical evidence from German savings banks
Berlemann, Michael; Oestmann, Marco; Thum, Marcel - 2010
Most European economies will experience significant demographic changes in the decades ahead. Due to low birth rates, populations are shrinking and ageing at the same time. This paper explores the impact of demographic change on the banking industry. A unique data set, which contains detailed...
Persistent link: https://www.econbiz.de/10010271784
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Demography and Provisions for Retirement - The Pension Composition, a Behavioral Approach
van Praag, Bernard M.S.; Hop, J. Peter - 2020
interests of the different groups are only partly coinciding. For a given demography and interest rate, the joint result of the … in the capital market with a corresponding equilibrium interest rate. In this paper we assume a demography with one … determined by the demography and cannot be modified at will as a long-term political instrument. We find that this is relevant …
Persistent link: https://www.econbiz.de/10012179856
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Endogenous Longevity and Optimal Tax Progressivity
Heer, Burkhard; Rohrbacher, Stefan - 2020
We study the impact of endogenous longevity on optimal tax progressivity and inequality in an overlapping generations model with skill heterogeneity. Higher tax progressivity decreases both the longevity gap and net income inequality, but at the expense of lower average lifetime and lower...
Persistent link: https://www.econbiz.de/10012425597
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Informal Care and the Great Recession
Costa-i-Font, Joan; Karlsson, Martin; Øien, Henning - 2015
Macroeconomic downturns can have an important impact on the availability of informal and formal long-term care. This paper investigates how the market for informal care changed during and after the Great Recession in Europe. We use data from the Survey of Health, Aging and Retirement in Europe,...
Persistent link: https://www.econbiz.de/10011307093
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'Investing' in Care for Old Age? An Examination of Long-Term Care Expenditure Dynamics and Its Spillovers
Costa-i-Font, Joan; Vilaplana-Prieto, Cristina - 2022
We study the dynamic drivers of expenditure on long-term care (LTC) programs, and more specifically, the effects of labour market participation of traditional unpaid caregivers (women aged 40 and older) on LTC spending. Next, we examine the spillover effects of a rise in LTC expenditure on...
Persistent link: https://www.econbiz.de/10013177587
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Family composition and transitions into long-term care services among the elderly
Syse, Astri; Artamonova, Alyona; Thomas, Michael J.; … - 2021
Elderly's use of long-term care (LTC) services are likely to be influenced by family members, but there is scarce research on the role played by partners and/or adult children, especially taking geographic proximity into account. We thus examine how partners and adult children influence...
Persistent link: https://www.econbiz.de/10012801102
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‘Investing’ in Care for Old Age? An Examination of Long-Term Care Expenditure Dynamics and Its Spillovers
Costa-Font, Joan; Vilaplana-Prieto, Cristina - 2022
We first study the dynamic drivers of expenditure on long-term care (LTC) programs, and more specifically, the effects of labour market participation of traditional unpaid caregivers (women aged 40 and older) on LTC spending. Second, we examine spillover effects of a rise on LTC expenditure on...
Persistent link: https://www.econbiz.de/10013306397
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Health and Health Insurance Trajectories of Mexicans in the US
Kaushal, Neeraj; Kaestner, Robert - National Bureau of Economic Research (NBER) - 2010
We study how the health and health insurance coverage of Mexican immigrants change with time in the US. Cross-sectional analyses suggest that approximately three decades of residency in the US is associated with a 9 to 11 percentage point (12% to 15%) decline in the probability of being...
Persistent link: https://www.econbiz.de/10008622322
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Does the Expansion of Public Long-Term Care Funding Affect Savings Behaviour?
Costa-i-Font, Joan; Vilaplana, Cristina - 2016
We study the effect of further public caregiving subsidies (and insurance expansions to cover long-term care) on savings and saving behaviour. Specifically, weexamine the unique progressive introduction of a universal public long-term care subsidy (Sistema para la Autonomía y Atención a la...
Persistent link: https://www.econbiz.de/10011555577