Should Public Elderly Care Be Provided?

Masaya Yasuoka

MPRA Paper from University Library of Munich, Germany

Abstract: This short paper sets an elderly care model in which the public elderly care and informal elderly care provided by the family are substitutive, with examination of the dynamics of capital accumulation and the labor supply. With certain conditions, by virtue of public elderly care, informal elderly care vanishes and a full labor supply is achieved. However, this paper presents derivation of the result that the economy with informal elderly care is simultaneously socially optimal.

Keywords: Informal care; Public elderly care (search for similar items in EconPapers)
JEL-codes: H51 H55 J14 (search for similar items in EconPapers)
Date: 2018-07-16
New Economics Papers: this item is included in nep-age and nep-ias
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https://mpra.ub.uni-muenchen.de/87943/1/MPRA_paper_87943.pdf original version (application/pdf)

Related works:
Journal Article: Should Public Elderly Care Be Provided? (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:87943

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