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...

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...

Growing long-term care (LTC) needs represent a major challenge for our aging societies. Understanding how utilization patterns of different types of care are influenced by LTC policies or changes in the population composition such as age patterns or health can provide helpful insight on how to...

Die weltwirtschaftlichen Wachstumsaussichten trüben sich ein. Eine lang anhaltende Phase der wirt-schaftlichen Stagnation mit minimalem oder ganz ausbleibendem Wirtschaftswachstum scheint derzeit nicht ausgeschlossen. Die Relevanz dieser These leitet sich nicht vorrangig daraus ab, dass viele...

In this paper, I estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor market frictions and the German tax and benefit system. I find that informal elderly care has adverse and persistent effects on labor market outcomes and therefore...

In this paper, I estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor market frictions and the German tax and benefit system. I find that informal elderly care has adverse and persistent effects on labor market outcomes and therefore...

Informal caregivers provide valuable services to elderly persons with long-term care needs. However, the time commitment of caregiving often competes against time spent in the labour force. In addition to the momentary trade-off, long-term consequences are possible since especially older workers...

Negative Beschäftigungseffekte betreffen Männer noch stärker als Frauen. - Bis zum Jahr 2050 wird sich der Anteil der Bevölkerung in der Altersgruppe 80+ verdoppeln. Gleichzeitig steigt die Nachfrage nach Langzeitpflege stark an. Pflege durch Familienangehörige spielt in Deutschland eine...

Family caregivers are less likely to be in the labor force after taking care of an elderly parent; men are more strongly affected than women. - The share of the population aged 80 and older will double by 2050. This development spurs a considerable increase in the demand for long-term care....

Informal caregivers, often family members, provide valuable services to elderly persons with long-term care needs. However, the time commitment of caregiving often competes against time spent in the labor force. In addition to the momentary trade-off, long-term consequences are possible since...