The Public Economics of Long-Term Care

Pierre Pestieau and Gregory Ponthiere

No 3150, LIDAM Reprints CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: 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.

Date: 2021-01-01
Note: In: Martin Guzman (ed.), Toward a Just Society : Joseph Stiglitz and Twenty-First Century Economics, Columbia University Press, 2018, p. 493-507 (chap. 23)
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Related works:
Working Paper: The Public Economics of Long Term Care (2016)
Working Paper: The public economics of long term care (2016)
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