Courbage, Christophe; Eeckhoudt, Louis - In: Journal of Health Economics 31 (2012) 6, pp. 842-850
When adult children are financially responsible for their parents, they can take considerable interest in the amount of their parents’ long-term care (LTC) insurance. In this paper, we look at the optimal levels of LTC insurance and of informal care, and at the link between these two decisions...