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...

Many scholars attribute the slowdown of economic growth to population aging and its negative impact on the size of the labor force. Meanwhile, government programs targeting an aging society can generate work disincentives for older workers. This paper is the first to study the unintended...

Many scholars attribute the slowdown of economic growth to population aging and its negative impact on the size of the labor force. Meanwhile, government programs targeting an aging society can generate work disincentives for older workers. This paper is the first to study the unintended...