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

Michelle Sovinsky, Bridget Hiedemann and Steven Stern ()

No 88, ECON - Working Papers from Department of Economics - 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.

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: 2012-07
New Economics Papers: this item is included in nep-age
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Citations: View citations in EconPapers (4)

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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 (2011)
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:zur:econwp:088

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