Will You Still Want Me Tomorrow? The Dynamics of Families' Long-Term Care Arrangements

Michelle Goeree (), Bridget Hiedemann () and Steven Stern ()
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Michelle Goeree: University of Zurich
Bridget Hiedemann: Seattle University
Authors registered in the RePEc Author Service: Michelle Sovinsky

No 2011-035, Working Papers from Human Capital and Economic Opportunity Working Group

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.

Keywords: Dynamic Models; Long-Term Care; Home Health Care; Informal Care (search for similar items in EconPapers)
JEL-codes: C51 C61 J14 (search for similar items in EconPapers)
Date: 2011-07
New Economics Papers: this item is included in nep-age and nep-hea
Note: FI
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http://humcap.uchicago.edu/RePEc/hka/wpaper/Goeree ... 1_will-you-still.pdf First version, July 20, 2011 (application/pdf)

Related works:
Journal Article: Will You Still Want Me Tomorrow?: The Dynamics of Families’ Long-Term Care Arrangements (2018)
Working Paper: Will you still want me tomorrow? The dynamics of families' long-term care arrangements (2012)
Working Paper: Will You Still Want Me Tomorrow? The Dynamics of Families' Long-Term Care Arrangements (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:hka:wpaper:2011-035

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