Horioka, Charles; Gahramanov, Emin; Tang, Xueli - National Bureau of Economic Research - 2024
insurance (LTCI), formal care, informal (family) care, and bequests. In our empirical analysis, we use micro data from the Japan …, conducted by Osaka University. Japan is an interesting case to analyze because a public LTCI system was introduced there in 2000 …. Our analysis shows that, in the case of Japan, if parents are eligible for public LTCI benefits, their children will be …