Recent literature on long-term care looks at the substitutability of informal and professional home-based care arrangements. Other factors that influence the utilization of informal care instead of formal care have been ignored in conditional analyses so far. However, regressors that represent...

The development of expenditure for care services is one of the most intensively debated topics in public. However, studies calculating financial provision gaps only focus on the macro-level implications for the compulsory care insurance. In contrast, this paper examines the individuals'...

Past empirical studies on the strategic bequest motive have found evidence for the existence of a positive causation of wealth on receiving attention from one's children. This paper illustrates that these results from the past should be interpreted with some care as the relationship between...