DP11365 The public economics of long term care
|Author(s):||Pierre Pestieau, Gregory Ponthiere|
|Publication Date:||June 2016|
|Keyword(s):||Dependence, family solidarity, long term care, Social Insurance|
|JEL(s):||I11, I12, I18, J14|
|Programme Areas:||Public Economics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=11365|
With the rapid increase in LTC needs, the negligible role of the market and the declining role of informal family care, one would hope that the government would take a more proactive role in the support of dependent elderly, particularly those who cannot, whatever the reason, count on assistance from their family. The purpose of this paper is to analyze the possibility of designing a sustainable public LTC scheme integrating both the market and the family.