We study the role and design of private and public insurance programs when informal care is uncertain. Children's degree of altruism is randomly distributed over some interval. Social insurance helps parents who receive a low level of care, but it comes at the cost of crowding out informal care....

We study the design of public long-term care (LTC) insurance when the altruism of informal caregivers is uncertain. We consider non-linear policies where the LTC benefit depends on the level of informal care, which is assumed to be observable while children's altruism is not. The traditional...

Individuals aged 65 years and older currently make up a larger share of the population than ever before, and this group is predicted to continue growing both in absolute terms and relative to the rest of the population. This chapter begins by introducing the facts, figures, and forecasts...

When South Africa implemented its non-pharmaceutical interventions (NPIs) (its "lockdown") to stem the COVID-19 pandemic in March 2020, it was hailed as exemplary. By June 2020 however, the lockdown was in disarray: the number of confirmed infections continued to grow exponentially, placing the...

This paper presents preliminary summary results from a longitudinal study of participants in seven U.S. states during the COVID-19 pandemic. In addition to standard socio-economic characteristics, we collect data on various economic preference parameters: time, risk, and social preferences, and...

Due to high levels of obesity, various government interventions have been proposed to curb the consumption of sugar-sweetened beverages (SSBs). The New York City "soda-ban," which proposed to limit the size of SSBs is among the most well-known and controversial. While public debates about...

Building on early animal studies, 20th-century researchers increasingly explored the fact that early events - ranging from conception to childhood - affect a child's health trajectory in the long-term. By the 21st century, a wide body of research had emerged, incorporating the original "Fetal...

This paper examines the family variables that affect intergenerational living arrangements and adult children's time and cash transfers to their unpartnered disabled elderly parents. The family variables we examine include parental marital status, parental marital history, whether the index...

An emerging question in demographic economics is whether there is a link between family size and the geographic distance between adult children and elderly parents. Given current population trends, understanding how different configurations of family size and sibship influence patterns of...

"Government expenditure on formal residential care and home-help services for the elderly significantly reduces 45-59 year old women's informal care-giving affecting both the extensive and the intensive margin. Allowing for country fixed-effects and country-specific trends and correcting for...