Effects of Strategic Behavior and Public Subsidies on Families' Savings and Long-Term Care Decisions
AbstractThis study investigates the effects of Medicaid and strategic behavior on (1) the probability of entering a nursing home, (2) amounts of formal and informal care provided elderly persons in the community, and (3) asset accumulation. We find that Medicaid subsidies increase the probabilyt of entry into the nursing home and use of formal care of elderly who remain in the community. However, Medicaid subsidies have not "crowded out" informal care provided by relatives and friends of the elderly. Nor has Medicaid reduced wealth accumulation by the elderly. Overall, we find little empirical support for the hypothesis that caregiving by children is motivated by the prospect of receiving bequests from their parents.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Duke University, Department of Economics in its series Working Papers with number 96-01.
Date of creation: 1996
Date of revision:
Publication status: Published in LONG-TERM CARE: ECONOMIC ISSUES AND POLICY SOLUTIONS. DEVELOPMENTS IN HEALTH ECONOMICS AND PUBLIC POLICY, Vol. 5, Roland Eisen and Frank A. Sloan, eds. Boston: Dordrecht and London: Kluwer Academic, 1996, pages 45-78
Contact details of provider:
Postal: Department of Economics Duke University 213 Social Sciences Building Box 90097 Durham, NC 27708-0097
Phone: (919) 660-1800
Fax: (919) 684-8974
Web page: http://econ.duke.edu/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Yasushi Iwamoto & Miki Kohara & Makoto Saito, 2006.
"On the Consumption Insurance Effects of Long-term Care Insurance In Japan: Evidence from Micro Household Data,"
CARF-F-081, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
- Yasushi Iwamoto & Miki Kohara & Makoto Saito, 2006. "On the Consumption Insurance Effects of Long-term Care Insurance In Japan: Evidence from Micro Household Data," CIRJE F-Series CIRJE-F-443, CIRJE, Faculty of Economics, University of Tokyo.
- Pierre Pestieau & Motohiro Sato, 2008.
"Long-Term Care: the State, the Market and the Family,"
London School of Economics and Political Science, vol. 75(299), pages 435-454, 08.
- PESTIEAU, Pierre & SATO, Motohiro, 2004. "Long term care: the state, the market and the family," CORE Discussion Papers 2004082, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- PESTIEAU, Pierre & SATO, Motohiro, . "Long-term care: the state, the market and the family," CORE Discussion Papers RP -2150, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Iwamoto, Yasushi & Kohara, Miki & Saito, Makoto, 2010.
"On the consumption insurance effects of long-term care insurance in Japan: Evidence from micro-level household data,"
Journal of the Japanese and International Economies,
Elsevier, vol. 24(1), pages 99-115, March.
- Yasushi Iwamoto & Miki Kohara & Makoto Saito, 2009. "On the Consumption Insurance Effects of Long-term Care Insurance in Japan: Evidence from Micro-level Household Data," Global COE Hi-Stat Discussion Paper Series gd09-109, Institute of Economic Research, Hitotsubashi University.
- Ariizumi, Hideki, 2008. "Effect of public long-term care insurance on consumption, medical care demand, and welfare," Journal of Health Economics, Elsevier, vol. 27(6), pages 1423-1435, December.
- Jellal, Mohamed & wolff, François charles, 2003.
"Solidarités familiales par la démonstration
[Familial solidariies and the demonstration effect]," MPRA Paper 38438, University Library of Munich, Germany.
- Agnès Gramain, 1997. "Décisions de recours au système de soins dans la prise en charge des personnes âgées dépen dantes : un modèle de choix discret dynamique," Économie et Prévision, Programme National Persée, vol. 129(3), pages 239-254.
- Roméo Fontaine & Agnès Gramain & Jérôme Wittwer, 2007. "Family Assistance Configurations for Dependent Older People in Europe," Economie et Statistique, Institut National de la Statistique et des Etudes Economiques, vol. 403, pages 97-115, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Department of Economics Webmaster).
If references are entirely missing, you can add them using this form.