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dc.contributor.authorvan den Berg, Bernarden_US
dc.contributor.authorHassink, Wolter H.J.en_US
dc.date.accessioned2009-01-28T16:21:15Z-
dc.date.available2009-01-28T16:21:15Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/21308-
dc.description.abstractThis paper tests empirically for ex-post moral hazard in a system based on demand-side subsidies. In the Netherlands, demand-side subsidies were introduced in 1996. Clients receive a cash benefit to purchase the type of home care (housework, personal care, support with mobility, organisational tasks or social support) they need from the care supplier of their choice (private care provider, regular care agency, commercial care agency or paid informal care provider). Furthermore, they negotiate with the care supplier about price and quantity. Our main findings are the following. 1) The component of the cash benefit a client has no residual claimant on, has a positive impact on the price of care. 2) In contrast, the components of the cash benefit a client has residual claimant on, have no or a negative impact on the price of care. Both results point at the existence of ex-post moral hazard in a system of demand-side subsidies.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 1532en_US
dc.subject.jelI10en_US
dc.subject.ddc330en_US
dc.subject.keywordlong-term careen_US
dc.subject.keywordcash benefitsen_US
dc.subject.keywordconsumer directed servicesen_US
dc.subject.keyworddemand-side subsidiesen_US
dc.subject.keyworddirect paymentsen_US
dc.subject.keywordmoral hazarden_US
dc.titleMoral Hazard and Cash Benefits in Long-Term Home Careen_US
dc.typeWorking Paperen_US
dc.identifier.ppn483135631en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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