The family plays a central role in decisions relative to the provision of long term care (LTC). We develop a model of family bargaining to study the impact of the distribution of bargaining power within the family on the choices of nursing homes, and on the location and prices chosen by nursing...

In the home-care services industry, caregivers drive to visit patients scattered in a district and deliver various care services at the patient's home. We use a unique data set, with a standard panel structure, recording the hours of service and the exact number of miles traveled by each...

The Preston Curve - the increasing relation between income per capita and life expectancy - cannot be observed in countries where old-age dependency is widespread (that is, where long-term care (LTC) spending per capita is high). The absence of the Preston Curve in countries with high old-age...

Using 24 countries' data on the estimated degrees of filial and parental altruism, we examine the relationship between the stages of economic development and degrees of altruism. We employ the ordinary least squares and two-stage least squares methods and generalized method of moments. We find...

We provide a normative analysis of endogenous student and worker mobility in the presence of diverging interests between universities and governments. Student mobility generates a university competition effect which induces them to overinvest in education, whereas worker mobility generates a...

This study suggests the concept of Metabolism of organization that explains how public organizations use and/or transform inputs (mainly public funding) to produce and supply products and services. This approach is useful for analyzing costs and supporting best practices of management to...