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The Long Shadow of Caregiving

In: Behavioral Economics and Bioethics

Author

Listed:
  • Li Way Lee

    (Wayne State University)

Abstract

Caregiving seems to be a great bargain for old people, not to mention that it is probably a key to the survival of the human species. In this chapter, I visit a population in which young people give care to old people. I note that caregiving has a long shadow: Grow it a bit today, and we won’t walk out of its shadow for a much longer while. For example, a decline of death rate of the old people from 5 to 4% today will result in a rise of the caregiving burden from 0.4 to 0.5 old persons per young person. This climb will take 126 years.

Suggested Citation

  • Li Way Lee, 2018. "The Long Shadow of Caregiving," Palgrave Advances in Behavioral Economics, in: Behavioral Economics and Bioethics, chapter 0, pages 59-68, Palgrave Macmillan.
    • Handle: RePEc:pal:paichp:978-3-319-89779-0_8
    DOI: 10.1007/978-3-319-89779-0_8
    as

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