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Two-sided intergenerational moral hazard, long-term care insurance, and nursing home use

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  • Christophe Courbage

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  • Peter Zweifel

    ()

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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s11166-011-9120-6
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    Bibliographic Info

    Article provided by Springer in its journal Journal of Risk and Uncertainty.

    Volume (Year): 43 (2011)
    Issue (Month): 1 (August)
    Pages: 65-80

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    Handle: RePEc:kap:jrisku:v:43:y:2011:i:1:p:65-80

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    Web page: http://www.springerlink.com/link.asp?id=100299

    Related research

    Keywords: Long-term care insurance; Intergenerational moral hazard; Nursing home care; D19; G22; J14;

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    References

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    1. Jeffrey R. Brown & Amy Finkelstein, 2007. "Why is the market for long-term care insurance so small?," NBER Chapters, in: Trans-Atlantic Public Economics Seminar (TAPES), Public Policy and Retirement, pages 1967-1991 National Bureau of Economic Research, Inc.
    2. Amy Finkelstein & Erzo F. P. Luttmer & Matthew J. Notowidigdo, 2009. "Approaches to Estimating the Health State Dependence of the Utility Function," American Economic Review, American Economic Association, vol. 99(2), pages 116-21, May.
    3. Mellor, Jennifer M., 2001. "Long-term care and nursing home coverage: are adult children substitutes for insurance policies?," Journal of Health Economics, Elsevier, vol. 20(4), pages 527-547, July.
    4. Jeffrey R. Brown & Amy Finkelstein, 2004. "The Interaction of Public and Private Insurance: Medicaid and the Long-Term Care Insurance Market," NBER Working Papers 10989, National Bureau of Economic Research, Inc.
    5. Zweifel, Peter & Struwe, Wolfram, 1996. "Long-Term Care Insurance and Bequests as Instruments for Shaping Intergenerational Relationships," Journal of Risk and Uncertainty, Springer, vol. 12(1), pages 65-76, January.
    6. Evans, William N & Viscusi, W Kip, 1991. "Estimation of State-Dependent Utility Functions Using Survey Data," The Review of Economics and Statistics, MIT Press, vol. 73(1), pages 94-104, February.
    7. Sloan, Frank A & Norton, Edward C, 1997. "Adverse Selection, Bequests, Crowding Out, and Private Demand for Insurance: Evidence from the Long-Term Care Insurance Market," Journal of Risk and Uncertainty, Springer, vol. 15(3), pages 201-19, December.
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    Cited by:
    1. COURBAGE, Christophe & EECKHOUDT, Louis, . "On insuring and caring for parents' long-term care needs," CORE Discussion Papers RP -2513, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    2. De Donder, Philippe & Pestieau, Pierre, 2013. "Private, social and self-insurance for long-term care in the presence of family help: A political economy analysis," CEPR Discussion Papers 9587, C.E.P.R. Discussion Papers.

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