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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
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
The objective of this paper is to explain populist attitudes that are prevailing in a number of European democracies. Populist attitudes expectedly lead to social protests and populist votes. We capture the populist wave by relying not on voting behavior but rather on values that are...
Persistent link: https://www.econbiz.de/10012826060
I study a model of a representative individual who has a motive for leaving bequests and is at risk of needing long-term care in old age. I assume - as is typical for OECD countries - that the individual is not fully insured against this risk. Moreover, at realization the individual is unable to...
Persistent link: https://www.econbiz.de/10010283626
We study the demand for actuarially fair Long Term Care (LTC hereafter) insurance in a setting where autonomous agents only care for daily life consumption while dependent agents also care for LTC expenditures. We assume that dependency decreases the marginal utility of daily life consumption....
Persistent link: https://www.econbiz.de/10012844210
The study of optimal long-term care (LTC) social insurance is generally carried out under the utilitarian social criterion, which penalizes individuals who have a lower capacity to convert resources into well-being, such as dependent elderly individuals or prematurely dead individuals. This...
Persistent link: https://www.econbiz.de/10012866386
are related to different dimensions of grievance-inducing and, partly, greed-related inequality, which may occur in … polygynous societies. These dimensions include (i) economic, reproductive and social inequality resulting in relative deprivation … among non-elite men; (ii) inequality within elites when it comes to the distribution of resources and inheritance, both …
Persistent link: https://www.econbiz.de/10012836203
We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the … nature affect mobility and the transmission of income inequality across generations, thus complementing the vast empirical …
Persistent link: https://www.econbiz.de/10012841147
We study the determinants of individual aversion to health and income inequality in three European countries and the … population in each country. Comparing levels of health- and income-inequality aversion in the UK between the years 2016 and 2020 … we find a significant increase in inequality aversion in both income and health domains. Inequality aversion is higher in …
Persistent link: https://www.econbiz.de/10013215672
this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth … lower marginal tax rates. The endogeneity of returns generates an inequality multiplier effect between wealth and its …
Persistent link: https://www.econbiz.de/10013233147