Courbage, Christophe; Eeckhoudt, Louis - In: Journal of Health Economics 31 (2012) 6, pp. 842-850
their parents’ long-term care (LTC) insurance. In this paper, we look at the optimal levels of LTC insurance and of informal …-maker with regard to LTC insurance. Interestingly, results differ depending on the degree of both parental and child altruism and … indicate either complementarity or substitutability between insurance and informal care. In particular, we show in the presence …