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concerning the increasing costs of formal care programs due to an aging population. Copyright Springer Science+Business Media …
Persistent link: https://www.econbiz.de/10010989589
Nursing homes are healthcare providers for persons, often elderly, who need assistance living with chronic illness. This article describes the main economic issues of supply and demand for nursing home care, including quality of care and long-term care insurance.Nursing home care is an important...
Persistent link: https://www.econbiz.de/10010861106
More than 40% of the respondents in the British Household Panel Survey provide informal care at least for one year within the period 1991-2003 and carers are usually less likely to hold simultaneously a paid job. There is little evidence on the mechanism that links informal care provision and...
Persistent link: https://www.econbiz.de/10005700858
This study assesses the economic implications of China's changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility rates reduce the future supply of labor, capital will...
Persistent link: https://www.econbiz.de/10005825867
variant" of the United Nations population projections. We find that population aging in industrial countries will reduce …
Persistent link: https://www.econbiz.de/10005826038
Large cohorts of young adults are poised to add to the working-age population of developing economies. Despite much interest in the consequent growth dividend, the size and circumstances of the potential gains remain under-explored. This study makes progress by focusing on India, which will be...
Persistent link: https://www.econbiz.de/10008876597
The paper develops a general equilibrium framework to examine the economic implications of population aging in Japan … assess the impact of aging on Japan's government finances; and (ii) compare fiscal policy options with respect to their … implications of population aging in Japan. Particular attention is paid to aggregate saving behavior which is modeled on the basis …
Persistent link: https://www.econbiz.de/10005769220
Four questions are addressed: (1) What is theory and how is it important in the development of knowledge about aging …? (2) What is the state of theory in gerontology today? (3) Why has explicit theory development become devalued in … attention to theory development? …
Persistent link: https://www.econbiz.de/10005404389
Automobile gasoline demand can be expressed as a multiplicative function of fuel efficiency, mileage per car and car ownership. This implies a linear relationship between the price elasticity of total fuel demand and the price elasticities of fuel efficiency, mileage per car and car ownership....
Persistent link: https://www.econbiz.de/10011256551
We propose the use of likelihood-ratio-based confidence sets for the timing of structural breaks in parameters from time series regression models. The confidence sets are valid for the broad setting of a system of multivariate linear regression equations under fairly general assumptions about...
Persistent link: https://www.econbiz.de/10009278106