Informal and formal care in Europe
By: by Tarja Viitanen.
Series: Discussion paper -- no. 2648; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2648
Publisher: IZA
Published: 2007
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Older people -- Home care -- Europe.; Older people -- Governmental policy -- Europe.
Description: "Government expenditure on formal residential care and home-help services for the elderly significantly reduces 45-59 year old women's informal care-giving affecting both the extensive and the intensive margin. Allowing for country fixed-effects and country-specific trends and correcting for attrition, the estimates -- based on the European Community Household Panel -- imply that a 1000 Euro increase in the government expenditure on formal residential care and home-help services for the elderly decreases the probability of informal care-giving outside of the caregiver's household by 6 percentage points. Formal care substitutes for informal care that is undertaken outside of the carer's own household, but does not substitute for intergenerational household formation. A simulation exercise shows that an increase in government formal care expenditure is a cost-effective way of increasing the labour force participation rates"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 6/18/2007.

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