Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/77513 
Year of Publication: 
2012
Series/Report no.: 
Working Paper No. 88
Publisher: 
University of Zurich, Department of Economics, Zurich
Abstract: 
We estimate dynamic models of elder-care arrangements using data from the Assets and Health Dynamics Among the Oldest Old Survey. We model the use of institutional care, formal home health care, care provided by a child, and care provided by a spouse in the selection of each care arrangement, the primary arrangement, and hours in each arrangement. Our results indicate that both observed heterogeneity and true state dependence play roles in the persistence of care arrangements. We find that positive state dependence (i.e., inertia) dominates caregiver burnout, and that formal care decisions depend on the cost and quality of care.
Subjects: 
Dynamic Models
Long-Term Care
Home Health Care
Informal Care
JEL: 
C51
C61
J14
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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