Long-Term Care around the World

Jonathan Gruber, Kathleen McGarry

$248.95

Hardback

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English

University of Chicago Press
14 May 2025

Health economics; Business & management

Series: National Bureau of Economic Research Conference Report

A comparative analysis of both formal and informal long-term care in ten of the world's wealthiest countries.

Nations throughout the world are in the midst of an enormous demographic transition, with life expectancy increasing and fertility falling, leading to a rapidly aging population and critical implications for long-term care around the world. This volume documents and compares long-term care programs in ten wealthy countries.

Analyses of survey data and government statistics show that the costs of long-term care are beyond the financial means of a large fraction of the elderly population in most countries, particularly the oldest and most disabled. As a result, public systems bear most of the cost of formal long-term care, such as care in an institution or paid home care. Most countries spend more on nursing homes than on home care, but this relationship varies widely as does the mix of care needs and resources used to define eligibility for public funding. At the same time, most care is provided informally through family or unpaid caregivers. The costs of informal care, including the foregone earnings of caregivers, are estimated to account for at least one-third of all long-term care spending in every country. Thus, any estimate of the social costs of long-term care must account for the implicit costs of informal care.

Edited by: Jonathan Gruber, Kathleen McGarry
Imprint: University of Chicago Press
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm, Spine: 33mm
Weight: 680g
ISBN: 9780226838434
ISBN 10: 0226838439
Series: National Bureau of Economic Research Conference Report
Pages: 512
Publication Date: 14 May 2025
Audience: College/higher education , Further / Higher Education
Format: Hardback
Publisher's Status: Active

Acknowledgments Introduction Jonathan Gruber, Kathleen McGarry, and Charles Hanzel 1. The Economics of Long-Term Care in Canada Kevin Milligan and Tammy Schirle 2. Long-Term Care in Denmark Mette Gørtz, Bent Jesper Christensen, and Nabanita Datta Gupta 3. Long-Term Care in England James Banks, Jeremy McCauley, and Eric French 4. Long-Term Care in Germany Johannes Geyer, Axel Börsch-Supan, Peter Haan, and Elsa Perdrix 5. Long-Term Care in Italy Agar Brugiavini, Ludovico Carrino, and Giacomo Pasini 6. Long-Term Care in Japan Rong Fu, Toshiaki Iizuka, and Haruko Noguchi 7. Long-Term Care in the Netherlands Pieter Bakx, Eddy Van Doorslaer, and Bram Wouterse 8. Societal Aging and Its Impact on Singapore Cynthia Chen, Julian Lim, Abhijit Visaria, and Angelique Chan 9. Universalizing the Access to Long-Term Care: Evidence from Spain Joan Costa-i-Font, Sergi Jiménez-Martín, Cristina Vilaplana Prieto, and Analía Viola 10. Long-Term Care in the United States Jonathan Gruber and Kathleen McGarry Author Index Subject Index

Jonathan Gruber is the Ford Professor of Economics and head of the Economics Department at the Massachusetts Institute of Technology, and a research associate of the National Bureau of Economic Research. Kathleen McGarry is a professor of economics at the University of California, Los Angeles, and a research associate of the National Bureau of Economic Research.

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Long-Term Care around the World

Jonathan Gruber, Kathleen McGarry

$248.95

Hardback

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