Long-term care insurance with family altruism : theory and empirics
Contenido multimedia no disponible por derechos de autor o por acceso restringido. Contacte con la institución para más información.
| Tag | 1 | 2 | Value |
|---|---|---|---|
| LDR | 00000cab a2200000 4500 | ||
| 001 | MAP20200040002 | ||
| 003 | MAP | ||
| 005 | 20201223180337.0 | ||
| 008 | 201223e20201201usa|||p |0|||b|eng d | ||
| 040 | $aMAP$bspa$dMAP | ||
| 084 | $a6 | ||
| 100 | $0MAPA20190005456$aKlimaviciute, Justina | ||
| 245 | 1 | 0 | $aLong-term care insurance with family altruism $b: theory and empirics$cJustina Klimaviciute, Pierre Pestieau, Jérôme Schoenmaeckers |
| 520 | $aThis article studies long-term care (LTC) insurance in the presence of family altruism. We first explore whether family solidarity affects the application of Arrow's (1963) deductible theorem, shown to apply in models without family in earlier work. We find that Arrow's theorem generally holds, but departures from the standard model exist. Our analysis highlights complex interplay between parents' insurance and children's aid, implying that some intuitive conjectures are not always verified. For instance, while one expects deductible to increase with children's altruism, this is unambiguously confirmed only under certain conditions.We then study empirically the relation between LTC insurance and children's altruism using data from Health and Retirement Study (HRS). | ||
| 650 | 4 | $0MAPA20080573867$aSeguro de salud | |
| 650 | 4 | $0MAPA20190008242$aTeorema de Arrow | |
| 650 | 4 | $0MAPA20080602437$aMatemática del seguro | |
| 650 | 4 | $0MAPA20080578879$aAnálisis empírico | |
| 650 | 4 | $0MAPA20080579258$aCálculo actuarial | |
| 650 | 4 | $0MAPA20080603786$aSeguro de dependencia | |
| 700 | 1 | $0MAPA20080174309$aPestieau, Pierre | |
| 700 | 1 | $0MAPA20190005463$aSchoenmaeckers, Jérôme | |
| 773 | 0 | $wMAP20077000727$tThe Journal of risk and insurance$dNueva York : The American Risk and Insurance Association, 1964-$x0022-4367$g01/12/2020 Volumen 87 Número 4 - diciembre 2020 , p. 895-918 |