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Nursing Home Aversion Post-Pandemic : Implications for Savings and Long-Term Care Policy
Achou, Bertrand; De Donder, Philippe; Glenzer, Franca; … - 2021
COVID-19 outbreaks at nursing homes during the recent pandemic, which received ample media coverage, may have lasting negative impacts on individuals’ perceptions regarding nursing homes. We argue that this could have sizable and persistent implications for savings and longterm care policies....
Persistent link: https://www.econbiz.de/10013212256
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Tenure Choice, Portfolio Structure and Long-Term Care - Optimal Risk Management in Retirement
Fehr, Hans - 2019
We study the interplay between tenure decisions, stock market investment and the public social security system. Housing equity not only serves a dual purpose as a consumption good and as an asset, but also provides insurance to buffer various risks in retirement. Our life cycle model captures...
Persistent link: https://www.econbiz.de/10012864931
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Asymmetric Information, Strategic Transfers, and the Design of Long-Term Care Policies
Canta, Chiara; Cremer, Helmuth - 2021
We study the design of social long-term care (LTC) insurance when informal care is exchange-based. Parents do not observe their children's cost of providing care, which is continuously distributed over some interval. They choose a rule specifying transfers that are conditional on the level of...
Persistent link: https://www.econbiz.de/10013315003
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Long-Term Care Partnership Effects on Medicaid and Private Insurance
Costa-Font, Joan; Raut, Nilesh - 2021
Can the expansion of Medicaid, a means-tested health and long-term care insurance, be slowed down by incentivising the purchase of private long-term care insurance (LTCI)? We study the implementation of the long-term care insurance partnership (LTCIP) program, a joint federal and state-level...
Persistent link: https://www.econbiz.de/10013324217
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Caring for Carers? The Effect of Public Subsidies on the Wellbeing of Unpaid Carers
Costa-i-Font, Joan; D'Amico, Francesco; … - 2022
We study the effect of long-term care (LTC) subsidies and supports on the wellbeing of unpaid caregivers. We draw on evidence from a policy intervention, that universalized previously means-tested caregiving supports in Scotland, known as free personal care (FPC). We document causal evidence of...
Persistent link: https://www.econbiz.de/10014082158
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Nursing Homes and Mortality in Europe : Uncertain Causality
Flawinne, Xavier; Lefebvre, Mathieu; Perelman, Sergio; … - 2022
The current health crisis has particularly affected the elderly population. Nursing homes have unfortunately experienced a relatively large number of deaths. On the basis of this observation and working with European data (from SHARE), we want to check whether nursing homes were lending...
Persistent link: https://www.econbiz.de/10013300873
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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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The Bonus-Income Donation Norm
Drouvelis, Michalis - 2019
Can social norms affect fundamental patterns of behavior such as income effects? Studies of determinants of giving to charities and other individuals yield a wide range of income-effect estimates. We conduct two experiments to first test whether the effect of income on charitable giving depends...
Persistent link: https://www.econbiz.de/10012858205
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Cross-Dynastic Intergenerational Altruism
Nesje, Frikk - 2022
cross-dynastic intergenerational altruism, saving for one’s descendants benefits present members of other dynasties. These …
Persistent link: https://www.econbiz.de/10013296272
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Altruism Begets Altruism
Heger, Stephanie; Slonim, Robert - 2022
Guided by Bem’s (1972) self-perception theory, we design an experiment to ask whether morally-motivated behaviour, e ….g., charitable giving, is history-dependent. Using a popular policy nudge, the default option, we exogenously vary altruism “now” and … show that giving “now” causes a 66%- 200% increase in the probability of giving “later”; that is, altruism begets altruism …
Persistent link: https://www.econbiz.de/10013307773