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dc.contributor.authorMIZUSHIMA, Atsue
dc.date.accessioned2008-11-14T11:20:42Z
dc.date.available2008-11-14T11:20:42Z
dc.date.issued2008
dc.identifier.issn2008/36
dc.identifier.urihttps://hdl.handle.net/1814/9815
dc.description.abstractAlthough a large number of studies have been done on intergenerational transfers of goods, little is known about intergenerational transfers of time. In step with an increase in the aging of the population, the demand for time-intensive transfers in health care and other health services increases. Using an overlapping generations model which incorporates uncertain longevity, we set up a model which incorporates intergenerational transfers of time and examine the macroeconomic effect of public long-term care policy (LTC). Using the model, we show that LTC decreases the steady state level of capital, but that it enhances the welfare level when the rate of tax is sufficiently small.en
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.publisherEuropean University Institute
dc.relation.ispartofseriesEUI ECOen
dc.relation.ispartofseries2008/36en
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjecttime transfersen
dc.subjecthousehold productionen
dc.subjectoverlapping generations medelen
dc.titleIntergenerational Transfers of Time and Public Long-term Care with an Aging Populationen
dc.typeWorking Paperen
dc.neeo.contributorMIZUSHIMA|Atsue|aut|
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