| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23781 |
| 来源ID | Working Paper 23781 |
| Access to Long-Term Care After a Wealth Shock: Evidence from the Housing Bubble and Burst | |
| Joan Costa Font; Richard Frank; Katherine Swartz | |
| 发表日期 | 2017-09-11 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | Home equity is the primary self-funding mechanism for long term services and supports (LTSS). Using data from the relevant waves of the Health and Retirement Study (1996-2010), we exploit the exogenous variation in the form of wealth shocks resulting from the value of housing assets, to examine the effect of wealth on use of home health, unpaid help and nursing home care by older adults. We find a significant increase in the use of paid home health care and unpaid informal care but no effect on nursing home care access. We conduct a placebo test on individuals who do not own property; their use of LTSS was not affected by the housing wealth changes. The findings suggest that a wealth shock exerts a positive and significant effect on the uptake of home health and some effect on unpaid care but no significant effect on nursing home care. |
| 主题 | Health, Education, and Welfare ; Health ; Labor Economics ; Demography and Aging |
| URL | https://www.nber.org/papers/w23781 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581455 |
| 推荐引用方式 GB/T 7714 | Joan Costa Font,Richard Frank,Katherine Swartz. Access to Long-Term Care After a Wealth Shock: Evidence from the Housing Bubble and Burst. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w23781.pdf（899KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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