Measuring and modeling intergenerational links in relation to long-term care

Andrew Caplin, Mi Luo, Kathleen Mcgarry

    Research output: Contribution to journalArticle

    Abstract

    Long-term care has profound intergenerational implications. It can be costly for those who need it and onerous for loved ones who provide it. We pinpoint three intergenerational aspects of long-term care that require further research. One concerns the link between costs of private care and intergenerational wealth transfers. The second concerns the link between participation in care and the work and welfare of family providers. The third relates to intergenerational tensions that these and other late-in-life interactions create. We outline innovations in modeling and measurement that would improve understanding of intergenerational linkages and their implementation in appropriate panel data.

    Original languageEnglish (US)
    JournalEconomic Inquiry
    DOIs
    StateAccepted/In press - 2016

    Fingerprint

    Long-term care
    Modeling
    Innovation
    Wealth transfer
    Interaction
    Costs
    Linkage
    Participation
    Panel data

    ASJC Scopus subject areas

    • Business, Management and Accounting(all)
    • Economics and Econometrics

    Cite this

    Measuring and modeling intergenerational links in relation to long-term care. / Caplin, Andrew; Luo, Mi; Mcgarry, Kathleen.

    In: Economic Inquiry, 2016.

    Research output: Contribution to journalArticle

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