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This chapter summarizes the recent economic literature on health and long-term care as it relates to population aging. The profound demographic changes taking place in developed countries will require changes in how societies provide and pay for long-term care. Both the supply side and the...
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We estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor market frictions and the German tax and benefit system. We find that in the absence of Germany's public long-term insurance scheme, informal elderly care has adverse and persistent...
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We estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor market frictions and the German tax and benefit system. We find that in the absence of Germany's public long-term insurance scheme, informal elderly care has adverse and persistent...
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