As the population ages, many families face decisions about how to care for elderly relatives. In a recent publication, Bridget Hiedemann (Seattle University), Michelle Sovinsky (University of Mannheim and CEPR), and Steven Stern (Stony Brook University) consider the dynamics of this decision-making process. Who will provide care for the aging family member—a spouse, an adult child, a formal home health worker, or a nursing home? Will this arrangement change over time?
Continue reading “The Dynamics of Families’ Long-Term Care Arrangements—Who Takes Care of Our Elderly in the Long Run?”
The Dynamics of Families’ Long-Term Care Arrangements—Who Takes Care of Our Elderly in the Long Run?
