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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...
Persistent link: https://www.econbiz.de/10014356711
I use the European Community Household Panel to analyse the relationship between labour force participation and informal care-giving to the elderly for a sample of midlife women across 10 European countries. The results show strong state dependence in the labour force participation of women for...
Persistent link: https://www.econbiz.de/10014066274
Background Informal care provided by family members, friends, or neighbors is a major pillar in the German longterm care system. As the number of care-dependent older adults grow, ensuring their future care still relies on the willingness of family members, friends, or neighbors to assume the...
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