We study the role and design of private and public insurance programs when informal care is uncertain. Children …

by bargaining families with mixed- or same-gender siblings. LTC care can be provided either informally by children, or … is provided in LF. Second, the weights children and parents have in the family bargaining problem might differ in general … formal home and institutional care. Except when children and parents have equal bargaining weights these subsidies are gender …

while children’s altruism is not. The traditional topping up and opting out policies are special cases of ours. Both total … and informal care should increase with the children's level of altruism. This obtains under full and asymmetric … explained by the need to provide incentives to high-altruism children. The implementing contract is always such that social care …

while children's altruism is not. The traditional topping up and opting out policies are special cases of ours. Both total … and informal care should increase with the children's level of altruism. This obtains under full and asymmetric … explained by the need to provide incentives to high-altruism children. The implementing contract is always such that social care …