Long-term care and family bargaining

Engers, Maxim & Stern, Steven (2002) Long-term care and family bargaining. International Economic Review, 43(1), pp. 73-114.

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Abstract

We present a structural model of how families decide who should care for elderly parents. We use data from the National Long-Term Care Survey to estimate and test the parameters of the model. Then we use the parameter estimates to simulate the effects of the existing long-term trends in terms of the common but untested explanations for them. Finally, we simulate the effects of alternative family bargaining rules on individual utility to measure the sensitivity of our results to the family decision-making assumptions we make.

Impact and interest:

59 citations in Scopus
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48 citations in Web of Science®

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ID Code: 73228
Item Type: Journal Article
Refereed: Yes
Additional URLs:
DOI: 10.1111/1468-2354.t01-1-00004
ISSN: 0895-7185
Divisions: Current > Schools > School of Mathematical Sciences
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Copyright Owner: Copyright 2002 Wiley-Blackwell Publishing, Inc.
Deposited On: 02 Jul 2014 02:12
Last Modified: 02 Jul 2014 02:12

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