| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11741 |
| DP11741 Maybe "honor thy father and thy mother": uncertain family aid and the design of social long term care insurance | |
| Helmuth Cremer; Chiara Canta; Firouz Gahvari | |
| 发表日期 | 2017-01-03 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | We study the role and design of private and public insurance programs when informal care is uncertain. Children's degree of altruism is randomly distributed over some interval. Social insurance helps parents who receive a low level of care, but it comes at the cost of crowding out informal care. Crowding out occurs both at the intensive and the extensive margins. We consider three types of LTC policies: (i) a topping up (TU) scheme providing a transfer which is non exclusive and can be supplemented; (ii) an opting out (OO) scheme which is exclusive and cannot be topped up and (iii), a mixed policy combining these two schemes. TU will involve crowding out both at the intensive and the extensive margins, whereas OO will crowd out informal care solely at the extensive margin. However, OO is not necessarily the dominant policy as it may exacerbate crowding out at the extensive margin. The distortions of both policies can be mitigated by using an appropriately designed mixed policy. |
| 主题 | Public Economics |
| 关键词 | Long term care Uncertain altruism Private insurance Public insurance Topping up Opting out |
| URL | https://cepr.org/publications/dp11741 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540555 |
| 推荐引用方式 GB/T 7714 | Helmuth Cremer,Chiara Canta,Firouz Gahvari. DP11741 Maybe "honor thy father and thy mother": uncertain family aid and the design of social long term care insurance. 2017. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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