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Potential investments of pension funds in long-term care for the elderly: the case of Croatia

Author

Listed:
  • Ljubica Meznaric

    (Health Center of the Zagreb County, Velika Gorica, Croatia)

  • Ana Meznaric

    (Student at the Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia)

Abstract

Contributions to pension funds are placed on the capital market. To invest in a better old age for those who set aside those funds, it is necessary to adjust the system. The paper analyzes the problem in the long-term care system faced by private care homes, the outlook for the building of additional homes, and the interest of pension funds in investing in the long-term care system. The problem is becoming more and more significant as the population is growing older. The authors interviewed sixteen respondents. The aim was to collect views on the current possibilities and perspectives for the development of the long-term care system in Croatia. The results indicate that pension funds do have an interest in investing, but before that, the system of homes for the elderly needs to be reorganized.

Suggested Citation

  • Ljubica Meznaric & Ana Meznaric, 2024. "Potential investments of pension funds in long-term care for the elderly: the case of Croatia," Public Sector Economics, Institute of Public Finance, vol. 48(1), pages 57-77.
    • Handle: RePEc:ipf:psejou:v:48:y:2024:i:1:p:57-77
    DOI: 10.3326/pse.48.1.3
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    References listed on IDEAS

    as
    1. Bojana Olgić Draženović & Tino Kusanović, 2016. "Determinants of capital market in the new member EU countries," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 29(1), pages 758-769, January.
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    More about this item

    Keywords

    homes for the elderly and infirm; long-term care; investment; pension funds; restrictions; Croatia;
    All these keywords.

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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