With an ever-aging population, the need for better Long Term Care (LTC) solutions is imminent. However, does a wide LTC coverage change the labor force participation of covered seniors and their caregivers? This paper is the first to answer this question by exploiting the launch of a...

With an ever-aging population, the need for better long-term care (LTC) solutions is imminent. However, does wide LTC coverage change the labor force participation of covered seniors? This paper is the first to answer this question by exploiting the launch of a pilot LTC insurance program. We...