Informal care and the Great Recession

"Macroeconomic downturns can have both an important impact on the availability of informal care and the affordability of formal long-term care. This paper investigates how the demand for and provision of informal care changed during and after the Great Recession in Europe. We use data from the...

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Bibliographic Details
Main Authors: Costa-Font, Joan, Karlsson, Martin, Øien, Henning
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: London 2015
LSE
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19100754124919289369-informal-care-and-the-Great-Re.htm
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author Costa-Font, Joan
Karlsson, Martin
Øien, Henning
author_facet Costa-Font, Joan
Karlsson, Martin
Øien, Henning
collection Library items
description "Macroeconomic downturns can have both an important impact on the availability of informal care and the affordability of formal long-term care. This paper investigates how the demand for and provision of informal care changed during and after the Great Recession in Europe. We use data from the Survey of Health, Aging and Retirement in Europe (SHARE), which includes a rich set of variables covering waves before and after the Great Recession. We find evidence of an increase in the availability of informal care and a reduction in the use of formal health services (doctor visits and hospital stays) after the economic downturn when controlling for year and country fixed effects. This trend is mainly driven by changes in care provision of individuals not cohabiting with the care recipient. We also find a small negative association between old-age health (measured by the number of problems with activities of daily living) and crisis severity. The results are robust to the inclusion o f individual characteristics, individual-specific effects and region-specific time trends."
format TEXT
geographic EU countries
id 19100754124919289369_b8c532c4de7d4af9b25c4d5132f41f73
institution ETUI-European Trade Union Institute
is_hierarchy_id 19100754124919289369_b8c532c4de7d4af9b25c4d5132f41f73
is_hierarchy_title Informal care and the Great Recession
language English
physical 45 p.
Digital
publishDate 2015
publisher London
LSE
spellingShingle Costa-Font, Joan
Karlsson, Martin
Øien, Henning
economic recession
older worker
informal care
Informal care and the Great Recession
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=108919192619
title Informal care and the Great Recession
topic economic recession
older worker
informal care
url https://www.labourline.org/KENTIKA-19100754124919289369-informal-care-and-the-Great-Re.htm