Cremer, Helmuth; Pestieau, Pierre - In: International Tax and Public Finance 21 (2014) 6, pp. 955-974
We study the role of social long-term care (LTC) insurance when income taxation and private insurance markets are imperfect. Policy instruments include public provision of LTC as well as a subsidy on private insurance. The subsidy scheme may be linear or nonlinear. For the linear part we...