Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/179287 
Year of Publication: 
2017
Series/Report no.: 
WIFO Working Papers No. 533
Publisher: 
Austrian Institute of Economic Research (WIFO), Vienna
Abstract: 
Understanding the relation between different types of long-term care and the determinants of individual choice of long-term care types is fundamental for efficient policy making in times of ageing societies. However, empirical research on this issue has revealed both national and methodological factors as crucial for the policy conclusions drawn. Thus, the purpose of the present paper is twofold: First, at least to our knowledge, it is the first comprehensive assessment of this kind for Austria. Second, it extends the scarce literature explicitly focusing on the combined use of informal and formal care in addition to the exclusive use of these services based on an econometric framework accounting for the simultaneity and interdependencies in these types of long-term care. Our results provide strong evidence for a taskspecific and complementary relation of formal and informal home care in Austria, with the health status and functional limitations as the main determinants of individual choice.
Subjects: 
long-term care
formal
informal
bivariate probit
SHARE
Austria
JEL: 
C35
H44
I11
I12
J14
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.