Women’s Role in the Provision of Long-Term Care, Financial Incentives, and the Future Financing of Long-Term Care

The Private Market for Long‐Term Care Insurance in the United States: A Review of the Evidence

“…Children may also serve as informal substitutes for formal long‐term care, such as when an adult child cares for her ailing parents. There are a large number of papers that examine, both theoretically and empirically, a wide range of trade‐offs between work, leisure, the supply of informal care, the demand for formal care, and end‐of‐life transfers (e.g., Chang and White‐Means, 1995; Stern, 1995; Nocera and Zweifel, 1996; Sloan, Hoerger, and Picone, 1996; Sloan, Picone, and Hoerger, 1997; Pezzin and Schone, 1999; Lo Sasso and Johnson 2002; Brown, 2006). A very careful summary of the literature through the late 1990s can be found in Norton (2000) and is therefore not recreated here.…”

Eine empirische Analyse der Anreize zur informellen Pflege

“…Die oben präsentierte einfache Grundform eines Modells zur Pflegeentscheidung in der Familie bietet zahlreiche Anknüpfungspunkte für die Erweiterung auf angrenzende Fragestellungen, die jedoch mit einer teils erheblichen Erhö-hung der Komplexität einhergehen� Da sie außerhalb des eigentlichen Fokus der Arbeit liegen, werden sie im Folgenden lediglich exemplarisch und skizzenhaft vorgestellt� 95 Eine dieser Möglichkeiten stellt die Herleitung des Reservationslohnsatzes dar, wie sie bspw� von Nocera und Zweifel (1996) …”

Inter‐vivos Transfers and Exchange

“…Informal care may be a common form of exchange to elderly parents---children provide care when the utility of caregiving exceeds the utility of not giving care (Nocera and Zweifel 1996), and some of that utility might come from compensation from a parent (Norton 2000). Parents rarely pay children directly for their assistance, but monetary or nonmonetary transfers could depend on Care provided.…”