Showing 1 - 10 of 6,391
In this paper, we conduct a theoretical analysis of why individuals provide care and attention to their elderly parents using a two-period overlapping generations model with endogenous saving and a “contest success function” and test this model using micro data from a Japanese household...
Persistent link: https://www.econbiz.de/10012991694
Do adult children affect the care elderly parents provide each other? We develop two models in which the anticipated behavior of adult children provides incentives for elderly parents to increase care for their disabled spouses. The quot;demonstration effectquot; postulates that adult children...
Persistent link: https://www.econbiz.de/10012758396
A choice-theoretic model of household decision-making with respect to care-giving time allocations and the use of publicly and privately financed home care services is proposed. Predictions concerning the effect of increased availability of publicly financed home care services on home care...
Persistent link: https://www.econbiz.de/10013233013
Long-term care currently comprises almost 10% of national health expenditures and is projected to rise rapidly over coming decades. A key, and relatively poorly understood, element of long-term care is home health care. I use a substantial change in Medicare reimbursement policy, which took the...
Persistent link: https://www.econbiz.de/10013223353
This paper analyzes how markets for old-age care respond to the aging of populations. We consider how the biological … demand for and supply of care. We argue that aging many times may lower the demand for market care by increasing the supply … of family-provided care, which substitutes for market care. By providing healthy spouses, aging may increase the supply …
Persistent link: https://www.econbiz.de/10013249687
This study aims to measure the causal effect of informal caregiving on the health and health care use of women who are caregivers, using instrumental variables. We use data from South Korea, where daughters and daughters-in-law are the prevalent source of caregivers for frail elderly parents and...
Persistent link: https://www.econbiz.de/10013080215
I show that the trend towards single households among older nonmarried women, the majority of whom were widows, has been ongoing only since 1940 and investigate the factors that fostered the rise in separate living quarters since mid-century by examining the impact of Old Age Assistance on...
Persistent link: https://www.econbiz.de/10013221840
Informal care is the largest source of long-term care for elderly, surpassing home health care and nursing home care. By definition, informal care is unpaid. It remains a puzzle why so many adult children give freely of their time. Transfers of time to the older generation may be balanced by...
Persistent link: https://www.econbiz.de/10013083799
Research on informal and formal long-term care has centered almost solely on costs; to date, there has been very little attention paid to the benefits. This study exploits the randomization in the Cash and Counseling Demonstration and Evaluation program and instrumental variable techniques to...
Persistent link: https://www.econbiz.de/10012992140
Older wealthholders spend down assets much more slowly than predicted by classic life-cycle models. This paper introduces health-dependent utility into a model in which preferences for bequests, expenditures when in need of long-term care (LTC), and ordinary consumption combine with health and...
Persistent link: https://www.econbiz.de/10013027270