This article reviews the growing literature on the market for private long‐term care insurance,
a market notable for its small size despite the fact that long‐term care expenses are …

Standard homo economicus lives in a world of complete markets and maximizes utility which
is a function of his personal consumption. This approximation cannot account for parents …

This paper estimates the causal effect of income on health outcomes of the elderly and
investigates underlying mechanisms by exploiting an income change induced by the launch …

Children's provision of in-kind services to their elderly parents (informal caregiving)
represents an important form of economic transfers to the elderly. In this paper, we develop …

Demographic ageing is a reality-within 25 years half the population of Western Europe will
be over 50, one quarter over 65, and the Less Developed Countries will contain one billion …

This paper uses a nonstructural, ordered discrete choice model to measure the effects of
various parent and child characteristics upon the independent caregiving decisions of the …

We provide estimates of a reduced-form model of the allocation of household time and
money resources. We consider four demands for these resources: time spent working, time …

It is well acknowledged that the intensity of caregiving affects the labour force participation of
caregivers. The literature so far has not, however, been able to control effectively for the …

We use the 1993 wave of the Assets and Health Dynamics Among the Oldest Old (AHEAD)
data set to estimate a game‐theoretic model of families' decisions concerning the provision …

Despite the policy importance, particularly as society ages, little is known about the impact of
informal care on nursing home admissions. This paper jointly models the receipt of regular …