Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/202024 
Autor:innen: 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
SOEPpapers on Multidisciplinary Panel Data Research No. 1051
Verlag: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Zusammenfassung: 
In this paper, I estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor market frictions and the German tax and benefit system. I find that informal elderly care has adverse and persistent effects on labor market outcomes and therefore negatively affects lifetime earnings, future pension benefits, and individuals' well-being. These consequences of caregiving are heterogeneous and depend on age, previous earnings, and institutional regulations. Policy simulations suggest that, even though fiscally costly, public long-term care insurance can offset the personal costs of caregiving to a large extent - in particular for low-income individuals.
Schlagwörter: 
long-term care
informal care
long-term care insurance
labor supply
retirement
pension benefits
structural model
JEL: 
I18
I38
J14
J22
J26
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
850.71 kB





Publikationen in EconStor sind urheberrechtlich geschützt.