Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/318495 
Year of Publication: 
2025
Series/Report no.: 
WIFO Working Papers No. 693
Publisher: 
Austrian Institute of Economic Research (WIFO), Vienna
Abstract: 
This paper describes a novel method for the comparative estimation of long-term care needs, care arrangements and care gaps. Our approach generalizes an Austrian administrative procedure for the assessment of care needs and uses data from the Survey of Health, Ageing and Retirement in Europe (SHARE) to quantify the demand for and supply of long-term care in hours, distinguishing between care provided in nursing homes, formal home care, informal care by spouses and other informal care. The resulting estimates serve as parameters to introduce long-term care into the dynamic microsimulation model microWELT. The method developed in this paper thus provides the basis for long-term projections and policy scenarios for the long-term care sector, considering major socio-demographic trends such as population ageing, fertility decline and educational expansion.
Subjects: 
long-term care
care gap in hours
projections
dynamic microsimulation
JEL: 
C53
I11
J14
Document Type: 
Working Paper

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