Kleinjans, Kristin J.; Lee, Jinkook - School of Economics and Management, University of Aarhus - 2006
Preparing for the end of life, especially for the prospect of needing long-term care, is an important issue facing older Americans. Those who reach age 65 have a 40% chance of going into a nursing home in their remaining lifetime, and about 10% of those who do will stay there for at least five...