Estate fiscal policies, long-term care insurance and informal care

Courbage, Christophe (Haute école de gestion de Genève, HES-SO // Haute Ecole Spécialisée de Suisse Occidentale) ; Montoliu-Montes, Guillem (Haute école de gestion de Genève, HES-SO // Haute Ecole Spécialisée de Suisse Occidentale ; University of Lausanne, Switzerland)

This paper studies the effects of estate recovery, estate taxation and long-term care (LTC) subsidies on the incentives both to buy LTC insurance and to transfer wealth by elderly parents and to provide informal care by children to their dependent elderly parents. We also investigate the effect of these three fiscal policies on public budgets allocated to finance LTC needs. Estate recovery is found to dominate the two other fiscal policies as it is more likely to incentivise both LTC insurance purchase and informal care supply while impacting positively government budget.


Keywords:
Conference Type:
full paper
Faculty:
Economie et Services
School:
HEG - Genève
Institute:
CRAG - Centre de Recherche Appliquée en Gestion
Subject(s):
Economie/gestion
Publisher:
Nuremberg, Germany, 17-19 September 2018
Date:
2018-09
Nuremberg, Germany
17-19 September 2018
Pagination:
26 p.
Published in:
Proceedings of the 45th Annual Seminar of the European Group of Risk and Insurance Economists (EGRIE 2018)
External resources:
Appears in Collection:



 Record created 2018-10-11, last modified 2019-06-11

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