We examine the physical and mental health effects of providing care to an elderly mother on the adult child caregiver. We address the endogeneity of the selection in and out of caregiving using an instrumental variable approach, using the death of the care recipient and sibling characteristics....

While it has long been assumed that family structure and potential sources of informal care play a large role in the purchase decisions for long‐term care insurance (LTCI), current empirical evidence is inconclusive. Our study examines the relationship between family structure and LTCI...