Permanent URL to this publication: http://dx.doi.org/10.5167/uzh-64074
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.
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.
|Item Type:||Working Paper|
|Communities & Collections:||03 Faculty of Economics > Department of Economics|
Working Paper Series > Department of Economics
|JEL Classification:||C51, C61, J14|
|Uncontrolled Keywords:||Dynamic Models, Long-Term Care, Home Health Care, Informal Care|
|Deposited On:||08 Aug 2012 15:20|
|Last Modified:||19 Mar 2013 13:57|
|Series Name:||Working paper series / Department of Economics|
|Number of Pages:||40|
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