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Will you still want me tomorrow? The dynamics of families' long-term care arrangements


Sovinsky Goeree, Michelle; Hiedemann, Bridget; Stern, Steven (2012). Will you still want me tomorrow? The dynamics of families' long-term care arrangements. Working paper series / Department of Economics 88, University of Zurich.

Abstract

We estimate dynamic models of elder-care arrangements using data from the Assets and Health Dynamics Among the Oldest Old Survey. We model the use of institutional care, formal home health care, care provided by a child, and care provided by a spouse in the selection of each care arrangement, the primary arrangement, and hours in each arrangement. Our results indicate that both observed heterogeneity and true state dependence play roles in the persistence of care arrangements. We find that positive state dependence (i.e., inertia) dominates caregiver burnout, and that formal care decisions depend on the cost and quality of care.

We estimate dynamic models of elder-care arrangements using data from the Assets and Health Dynamics Among the Oldest Old Survey. We model the use of institutional care, formal home health care, care provided by a child, and care provided by a spouse in the selection of each care arrangement, the primary arrangement, and hours in each arrangement. Our results indicate that both observed heterogeneity and true state dependence play roles in the persistence of care arrangements. We find that positive state dependence (i.e., inertia) dominates caregiver burnout, and that formal care decisions depend on the cost and quality of care.

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Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
Working Paper Series > Department of Economics
Dewey Decimal Classification:330 Economics
JEL Classification:C51, C61, J14
Uncontrolled Keywords:Dynamic Models, Long-Term Care, Home Health Care, Informal Care
Language:English
Date:July 2012
Deposited On:08 Aug 2012 13:20
Last Modified:05 Apr 2016 15:55
Series Name:Working paper series / Department of Economics
Number of Pages:40
ISSN:1664-7041
Official URL:http://www.econ.uzh.ch/static/wp/econwp088.pdf
Related URLs:http://www.econ.uzh.ch/static/workingpapers.php
Permanent URL: https://doi.org/10.5167/uzh-64074

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