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Titel
Thinking of incentivizing care? The effect of demand subsidies on informal caregiving and intergenerational transfers / Joan Costa-Font (London School of Economics, CESifo and IZA), Sergi Jiménez-Martín (Universitat Pompeu Fabra, Barcelona GSE and FEDEA), Cristina Vilaplana-Prieto (Universidad de Murcia) ; IZA Institute of Labor Economics
VerfasserCosta-i-Font, Joan In der Gemeinsamen Normdatei der DNB nachschlagen ; Jiménez-Martín, Sergi In der Gemeinsamen Normdatei der DNB nachschlagen ; Vilaplana Prieto, Cristina In der Gemeinsamen Normdatei der DNB nachschlagen
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen
ErschienenBonn, Germany : IZA Institute of Labor Economics, August 2018
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Elektronische Ressource
Umfang1 Online-Ressource (50 Seiten) : Diagramme
SerieDiscussion paper ; no. 11774
URNurn:nbn:de:hbz:5:2-165048 Persistent Identifier (URN)
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Thinking of incentivizing care? The effect of demand subsidies on informal caregiving and intergenerational transfers [0.83 mb]
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Zusammenfassung (Englisch)

We study the effect of demand-side subsidies to old age care recipients on both caregiving and intergenerational transfer decisions. We exploit two quasi-natural experiments referring to the inception of a universal and unconditional caregiving allowance in 2007 and its subsequent reduction in 2012. We find that the introduction of a caregiving allowance of a magnitude up to 530 in 2011 increased the probability of informal caregiving by 32% and the intensity of care in 13.5 days/year. Consistently, we find that downstream (upstream) intergenerational transfers increased (decreased) in a magnitude of 29% (15%). The effects concentrate among middle and lower income households and were attenuated by the reduction of the subsidy.