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Japan, renowned for its significantly aged population, presents a distinctive landscape in elderly care. Notably, there … elderly care, Japan introduced the public Long-Term Care Insurance (LTCI) system in 2000. This comprehensive program offers a … and structural considerations. Japan grapples with a deficiency of social security contributors and skilled care workers …
Persistent link: https://www.econbiz.de/10014436960
The provision of long-term care (LTC) for senior citizens in Italy is at the center of the recent policy debate. Italy has witnessed a spectacular increase in the share of people aged 65 and over and in particular of people aged 80 and over, which could translate in large increases in the number...
Persistent link: https://www.econbiz.de/10014436992
This chapter provides an overview of the German long-term care insurance. We document care needs and wellbeing of the elderly population. Moreover, we provide a detailed description of the German long-term care institutions (sources of finance and types of benefits), the professional care work...
Persistent link: https://www.econbiz.de/10014437001
The population of the United States, as with the rest of the world, is aging rapidly, with the most rapid growth occurring among the age 85 and older population, those who rely most on long-term care. In this chapter, we review the delivery and financing of long-term care in the U.S. We show...
Persistent link: https://www.econbiz.de/10014437012
The population is aging in Denmark, as in many other countries, due to increasing life expectancy and a low total fertility rate. This potentially puts the Danish welfare state under pressure. This paper discusses the demographic and socioeconomic situation of the elderly in Denmark, focusing on...
Persistent link: https://www.econbiz.de/10014437021
Although debates over immigration remain contentious, one important sector served heavily by immigrants faces a critical labor shortage: nursing homes. We merge a variety of data sets on immigration and nursing homes and use a shift-share instrumental variables analysis to assess the impact of...
Persistent link: https://www.econbiz.de/10014226157
In one of the first studies of service sector robotics using establishment-level data, we study the impact of robots on staffing in Japanese nursing homes, using geographic variation in robot subsidies as an instrumental variable. We find that robot adoption increases employment by augmenting...
Persistent link: https://www.econbiz.de/10012482540
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 survey,...
Persistent link: https://www.econbiz.de/10012456420
insurance (LTCI), formal care, informal (family) care, and bequests. In our empirical analysis, we use micro data from the Japan …, conducted by Osaka University. Japan is an interesting case to analyze because a public LTCI system was introduced there in 2000 …. Our analysis shows that, in the case of Japan, if parents are eligible for public LTCI benefits, their children will be …
Persistent link: https://www.econbiz.de/10014635707
We use a sufficient statistic approach to quantify the general equilibrium effects of population aging on wealth accumulation, expected asset returns, and global imbalances. Combining population forecasts with household survey data from 25 countries, we measure the compositional effect of aging:...
Persistent link: https://www.econbiz.de/10012616609